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810 E Union Hills Dr
Phoenix, AZ 85024

$2,879,000 USD

Fast Food For Sale  •  870 SF

Property Details

  • Property Type Fast Food
  • Total Building Size 870 SF
  • Lot Size 0.49 AC
  • Building Class B
  • Year Built 2024
  • Cap Rate 5.35 %
  • Tenancy Single
  • Zoning C
37 Transit Score
72 Walk Score

Highlights

Brand new 10-year NN* lease to Starbucks Corporation with attractive 10% rental escalations every 5 years!
Starbucks Corporation (NASDAQ: SBUX | S&P BBB+ Credit Rating | Moody’s Baa1 Rating) operated over 38,000 locations worldwide
Brand new, build-to-suit construction to Starbucks newest prototype - slated to open September 2024 (est.)
Property features drive-thru/walk-up concept with an impressive 21-car stack!
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
2023 DEMOGRAPHICS: Total Population (5-MI): 286,638 | Average Household Income (1-MI): $114,176
Cap Rate: 5.35 %

Major Tenants

Tenant SF Occupied Lease End Date
Starbucks

Amenities

  • Restaurant
  • Signage

Public Transportation

AirportDriveWalkDistance
Phoenix Sky Harbor International 34 min - 21.5 mi
Kendall Carlsen 214-643-6097 Commercial Investment Advisors, INC
Kendall Carlsen 214-643-6097 Commercial Investment Advisors, INC