Starbucks | 1589 N Main St
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Starbucks 1589 N Main St
2,403 SF Retail Building San Luis, AZ 85349 $4,181,389 CAD ($1,740 CAD/SF) 5% Cap Rate
Investment Highlights
- Credit Income Stream from Starbucks Corporation | Best In Class Category Leader in the Coffee-Retailing Industry
- Only Starbucks Drive-Thru Location within the 50,000 Population Trade Area
- Strategic Location Just 2 Miles from the San Luis Port of Entry with Mexico
- Long-Term 10 Year Lease with 8.5 yrs remaining/ 10% Rent Increases Every 5 Years
- Ideal Café and Drive-Thru Concept for Starbucks
- Ease Of Management Investment | Pride of Ownership New Construction | Freestanding Pad to Super Walmart, Goodwill, and Dollar Tree Anchored Center
Executive Summary
Credit Income Stream from Starbucks Corporation | Best In Class Category Leader in the Coffee-Retailing Industry Long-Term 10 Year Lease with 8.5 years remaining 10% Rent Increases Every 5 Years Only Starbucks Drive-Thru Location within the 50,000 Population Trade Area - Ranks Top 12% in Traffic Nationwide & Top 7% in the State of Arizona According to Placer.ai. Ideal Café and Drive-Thru Concept for Starbucks Strategic Location Just 2 Miles from the San Luis Port Of Entry with Mexico Ease Of Management Investment | Pride of Ownership New Construction Freestanding Pad to Super Walmart, Goodwill, and Dollar Tree Anchored Center
Financial Summary (Actual - 2022) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
-
|
-
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2022) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,403 SF
Building Class
B
Year Built
2022
Price
$4,181,389 CAD
Price Per SF
$1,740 CAD
Cap Rate
5%
NOI
$209,069 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Land Acres
0.81 AC
Opportunity Zone
Yes
Zoning
C-2 - Commercial
Parking
32 Spaces (13.32 Spaces per 1,000 SF Leased)
Frontage
192 ft on US Rte 95
PROPERTY TAXES
| Parcel Number | 775-05-011 | Improvements Assessment | $137,794 CAD (2024) |
| Land Assessment | $105,825 CAD (2024) | Total Assessment | $243,619 CAD (2024) |
PROPERTY TAXES
Parcel Number
775-05-011
Land Assessment
$105,825 CAD (2024)
Improvements Assessment
$137,794 CAD (2024)
Total Assessment
$243,619 CAD (2024)
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Chris DePierro
-
A.T. Pancrazi Real Estate Services, Inc Tom Pancrazi
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Starbucks | 1589 N Main St
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