Starbucks
1589 N Main St, San Luis, AZ
For Sale
Retail
Free Standing
$2,950,000
Price
5%
Cap Rate
$147,500
NOI
Overview
Cap Rate
5%
NOI
$147,500
Building Size
2,403 sqft
Occupancy
100%
Year Built
2022
Description
Faris Lee Investments is pleased to present the opportunity to acquire a Starbucks in San Luis, AZ
The property is located in a highly visible and freeway adjacent in San Luis, AZ
Highlights
- Credit Income Stream from Starbucks Corporation | Best In Class Category Leader in the Coffee-Retailing Industry
- Long-Term 10 Year Lease With 10% Rent Increases Every 5 Years
- Only Starbucks Drive-Thru Location within the 50,000 Population Trade Area
- Strong Performing Store - Ranks Top 20% in Traffic Nationwide & Top 11% 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