Freestanding For Sale • 1,466 SF
| 10 Year Starbucks Featuring 10% Rental Increases Every 5 Years throughout the Initial Term and Options. Brand New 2025 High Quality Construction. |
| Immediate Proximity to the Loop 202 Interchange - Provides Instant Freeway Access, Positioning the Site as a Natural Stopping Point. |
| Area Experiencing Major GrowthThe Phoenix-Mesa-Chandler MSA Added approx. 59,000 Residents in a Single Year. |
| East Apache Trail Serves as the Primary Commercial Spine Connecting East Mesa to the Loop 202 Interchange. |
| Starbucks has a S&P Investment Grade Credit Rating of “BBB+” and is Ranked #116 on the Fortune 500 List with an Annual Revenue of more than $37.18 B. |
| The Subject Property is a Named Anchor within Red Mountain Plaza at the Northeast Corner of Apache Trail and Loop 202. |
| Cap Rate: | 5.00 % |
| Tenant | SF Occupied | Lease End Date |
|---|---|---|
| Starbucks | 1,466 SF | 2/29/2036 |
| Airport | Drive | Walk | Distance |
|---|---|---|---|
| Phoenix-Mesa Gateway | 17 min | - | 10.8 mi |
| Phoenix Sky Harbor International | 33 min | - | 25.6 mi |