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15615 S Desert Foothills Pky
Phoenix, AZ 85048 Ahwatukee

$4,260,000 USD

Fast Food For Sale  •  4,586 SF

Property Details

• Property Type Fast Food
• Total Building Size 4,586 SF
• Lot Size 1.25 AC
• Building Class B
• Year Built 2003
• Cap Rate 5.35 %
• Tenancy Single
• Zoning C-2

30 Transit Score

40 Walk Score

Highlights

Single-Tenant Corporate Starbucks Drive-Thru and Cafe (NASDAQ: SBUX; S&P: BBB+)

New 10-year lease; 10% rent increase every 5 years

Four 5-year options at 10% increases

Only Starbucks Drive-Thru in a 4.5-Mile Radius

Very Strong Performing Store: One of the top busiest locations in the district of approx. 30 locations

Long-Term Replaceable and Sustainable Rent

Cap Rate:

5.35 %

Major Tenants

Tenant	SF Occupied	Lease End Date
Starbucks

Public Transportation

Airport	Drive	Walk	Distance
Phoenix Sky Harbor International	28 min	-	16.3 mi
Phoenix-Mesa Gateway	36 min	-	24.8 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	32
Type:	Surface
Included in Rent:	Yes