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| Price $2,485,436 | Built/Renov 2022 | Tenant Starbucks |
| Cap Rate 5.15% | Lease Type
Double NN | Guarantor Corp T and Rated |
| Size/SF
940
| Lease Start
11-23-2022
| #Units
38,038
|
| Price/SF $2,644.08 | Expiration
11-22-2032
| Tenant Type Fast Food/QSR |
| NOI $128,000 | R. Term 8.0 | Ownership Fee Simple |
| Rent/SF
$136.17
| Increases 10.0%/3/yrs | Pop 5Mi 334,180 |
| Lot/AC 0.55 | Options 4/5yrs/10% | AHHI 5Mi $91,054 |
| | |
Starbucks is strategically located at the signalized, hard corner intersection of North Stapley Drive and University Drive, with access to a combined daily traffic count of 47,506 vehicles. Within a 3-mile radius, the area is surrounded by community educational institutions such as Mountain View High School, Mesa High School, and Sun Valley High School, totaling 6,990 students. Adjacent to the...
...New construction
Signalized intersection
Dense retail corridor
Near major nationals
Strong tenant synergy
Top 100 MSA
Strong demographics
Traded and rated company
Corporate Guarantee
Investment grade tenant
Starbucks Corporation (NASDAQ: SBUX) is the leading roaster, retailer, and marketer of specialty coffee in the world. In addition to drinks and food, many stores carry Starbucks' official...
| 1 Miles | 3 Miles | 5 Miles | |
| 2028 Total Population : | 21,478 | 166,837 | 332,896 |
| 2023 Total Population : | 21,854 | 167,592 | 334,180 |
| 2023 Employed Civilian Pop : | 9,915 | 79,498 | 168,523 |
| 2023 Total Businesses : | 541 | 4,477 | 10,727 |
| 2023 Average Household Income : | $ 81,463 | $ 83,510 | $ 91,054 |
| 2023 Total Consumer Spending : | $ 525 M | $ 4459 M | $ 10187 M |
| 2023 Median Age : | 30 | 33 | 34 |
| 2023 Total Households : | 7,307 | 60,832 | 127,920 |
| 2023 Pop Age 25+: Bachelor's Degree : | 1,847 | 16,879 | 43,629 |
| 2023 Average Home Value : | $ 394,365 | $ 352,748 | $ 386,132 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| University Dr | N Miller St | 2007 | 28,000 | 0.18 mi |
| North Stapley Drive | E 2nd Pl | 2018 | 23,310 | 0.20 mi |
| N Stapley Dr | E 1st St | 2014 | 22,410 | 0.31 mi |
| N Miller St | E 2nd Pl | 2013 | 203 | 0.32 mi |
| N Fraser Dr | E 5th St | 2013 | 582 | 0.37 mi |
| North Fraser Drive | 3rd Pl | 2018 | 617 | 0.37 mi |
| North Parsell | E Main St | 2018 | 399 | 0.38 mi |
| N Parsell | E Main St | 2013 | 372 | 0.38 mi |
| N Matlock St | E 2nd St | 2013 | 323 | 0.38 mi |
| North Matlock Street | E 2nd St | 2018 | 374 | 0.38 mi |
Tempe, AZ
Cap Rate 5.25%
Lease Abs NNN
R. Term 15.00 yrs
Size/SF 1,575
Lawrence, KS
Cap Rate 5.65%
Lease Abs NNN
R. Term 14.90 yrs
Size/SF 950
Delray Beach, FL
Cap Rate 4.85%
Lease Abs NNN
R. Term 9.10 yrs
Size/SF 724
Jacksonville, FL
Cap Rate 4.85%
Lease Abs NNN
R. Term 19.80 yrs
Size/SF 1,708
Cameron, NC
Cap Rate 6.00%
Lease Abs NNN
R. Term 15.00 yrs
Size/SF 1,990
Port Charlotte, FL
Cap Rate 5.00%
Lease Abs NNN
R. Term 19.50 yrs
Size/SF 2,370
Allen Park, MI
Cap Rate 5.25%
Lease Abs NNN
R. Term 3.11 yrs
Size/SF 4,488
Davenport, FL
Cap Rate 4.50%
Lease Abs NNN
R. Term 14.80 yrs
Size/SF 950
Austin, TX
Cap Rate 5.00%
Lease Abs NNN
R. Term 13.40 yrs
Size/SF 890
Abbeville, LA
Cap Rate 5.52%
Lease Abs NNN
R. Term 15.20 yrs
Size/SF 3,147
North Richland Hills, TX
Cap Rate 5.00%
Lease Abs NNN
R. Term 13.10 yrs
Size/SF 2,800
Kansas City, MO
Cap Rate 5.75%
Lease Abs NNN
R. Term 20.10 yrs
Size/SF 3,900
Snellville, GA
Cap Rate 5.85%
Lease Abs NNN
R. Term 14.10 yrs
Size/SF 4,481
Nashville, TN
Cap Rate 5.00%
Lease Abs NNN
R. Term 14.40 yrs
Size/SF 950
Penitas, TX
Cap Rate 5.50%
Lease Abs NNN
R. Term 19.10 yrs
Size/SF 1,227
Baker City, OR
Cap Rate 6.00%
Lease Abs NNN
R. Term 20.00 yrs
Size/SF 2,400
Morristown, TN
Cap Rate 5.15%
Lease Abs NNN
R. Term 19.10 yrs
Size/SF 990
Visalia, CA
Cap Rate 5.50%
Lease Abs NNN
R. Term 4.50 yrs
Size/SF 3,016
Sevierville, TN
Cap Rate 5.15%
Lease Abs NNN
R. Term 18.50 yrs
Size/SF 959
Stillwater, OK
Cap Rate 5.50%
Lease Abs NNN
R. Term 14.10 yrs
Size/SF 981
St. Augustine, FL
Cap Rate 4.85%
Lease Abs NNN
R. Term 19.50 yrs
Size/SF 950
Fort Worth, TX
Cap Rate 5.50%
Lease Abs NNN
R. Term 8.10 yrs
Size/SF 1,904
East Liverpool, OH
Cap Rate 5.00%
Lease Abs NNN
R. Term 15.80 yrs
Size/SF 5,062
Daytona Beach, FL
Cap Rate 4.85%
Lease Abs NNN
R. Term 19.50 yrs
Size/SF 950
Strongsville, OH
Cap Rate 5.25%
Lease Abs NNN
R. Term 14.90 yrs
Size/SF 1,860
North Richland Hills, TX
Cap Rate 6.00%
Lease Abs NNN
R. Term 15.00 yrs
Size/SF 2,142
Oak Creek, WI
Cap Rate 5.53%
Lease Abs NNN
R. Term 12.10 yrs
Size/SF 1,829
Burlington, NJ
Cap Rate 5.10%
Lease Abs NNN
R. Term 18.10 yrs
Size/SF 2,518
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
