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STARBUCKS (INFILL LOCATION) – PHOENIX, AZ 810 E Union Hills Dr

870 SF Retail Building Phoenix, AZ 85024 $4,044,074 CAD ($4,648 CAD/SF) 5.35% Cap Rate

Retail Space Arizona Phoenix 810 E Union Hills Dr, Phoenix, AZ 85024

Investment Highlights

  • Brand new 10-year NN* lease to Starbucks Corporation with attractive 10% rental escalations every 5 years!
  • Brand new, build-to-suit construction to Starbucks newest prototype - slated to open September 2024 (est.)
  • Positioned just off the hard corner (1 mile south of Loop 101 with 152,709 CPD) on a pad site to Goodwill Anchored Retail Center
  • Starbucks Corporation (NASDAQ: SBUX | S&P BBB+ Credit Rating | Moody’s Baa1 Rating) operated over 38,000 locations worldwide
  • Property features drive-thru/walk-up concept with an impressive 21-car stack!
  • 2023 DEMOGRAPHICS: Total Population (5-MI): 286,638 | Average Household Income (1-MI): $114,176

Executive Summary

(Building & Land) Fee Simple

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
870 SF
Building Class
B
Year Built
2024
Price
$4,044,074 CAD
Price Per SF
$4,648 CAD
Cap Rate
5.35%
NOI
$216,321 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Land Acres
0.49 AC
Zoning
C

Amenities

  • Restaurant
  • Signage

MAJOR TENANTS

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease End
  • Starbucks
  • Accommodation and Food Services
  • -
  • -
  • -
Tenant Industry SF OCCUPIED RENT/SF Lease End
Starbucks Accommodation and Food Services - - -

Links

1 of 1
Walk Score ®
Very Walkable (72)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

Nearby Major Retailers

Bashas' Supermarkets
PNC Bank
Starbucks
Dream Dinners
U.S. Bank
MidFirst Bank
Safeway
Planet Fitness
Rent-A-Center
Navy Federal Credit Union

PROPERTY TAXES

Parcel Number 213-25-001R Improvements Assessment $0 CAD
Land Assessment $22,494 CAD Total Assessment $22,494 CAD

PROPERTY TAXES

Parcel Number
213-25-001R
Land Assessment
$22,494 CAD
Improvements Assessment
$0 CAD
Total Assessment
$22,494 CAD
(214) 643-6097

  • Listing ID: 33522249

  • Date on Market: 2024-06-25

  • Last Updated:

  • Address: 810 E Union Hills Dr, Phoenix, AZ 85024

The Retail Property at 810 E Union Hills Dr, Phoenix, AZ 85024 is currently available For Sale. Contact Commercial Investment Advisors, INC for more information.

Retail PROPERTIES IN NEARBY NEIGHBORHOODS

Nearby Listings

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810 E Union Hills Dr, Phoenix, AZ for sale Building Photo- Image 1 of 11
Starbucks Phoenix
810 E Union Hills Dr, Phoenix, AZ for sale Building Photo- Image 2 of 11
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810 E Union Hills Dr, Phoenix, AZ for sale Building Photo- Image 3 of 11
Starbucks Phoenix6
810 E Union Hills Dr, Phoenix, AZ for sale Building Photo- Image 4 of 11
Starbucks Phoenix4
810 E Union Hills Dr, Phoenix, AZ for sale Building Photo- Image 5 of 11
Starbucks Phoenix3
810 E Union Hills Dr, Phoenix, AZ for sale Building Photo- Image 6 of 11
Starbucks Phoenix2
810 E Union Hills Dr, Phoenix, AZ for sale Building Photo- Image 7 of 11
Starbucks Phoenix8
810 E Union Hills Dr, Phoenix, AZ for sale Building Photo- Image 8 of 11
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810 E Union Hills Dr, Phoenix, AZ for sale Building Photo- Image 9 of 11
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810 E Union Hills Dr, Phoenix, AZ for sale Building Photo- Image 10 of 11
Starbucks Phoenix9

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STARBUCKS (INFILL LOCATION) – PHOENIX, AZ | 810 E Union Hills Dr
(214) 643-6097 x

STARBUCKS (INFILL LOCATION) – PHOENIX, AZ | 810 E Union Hills Dr

Kendall Carlsen

(214) 643-6097

(214) 643-6097

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