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Starbucks 1589 N Main St

2,403 SF Retail Building San Luis, AZ 85349 £2,314,009 (£963/SF) 5% Net Initial Yield

Investment Highlights

  • Credit Income Stream from Starbucks Corporation | Best In Class Category Leader in the Coffee-Retailing Industry
  • Only Starbucks Drive-Thru Location within the 50,000 Population Trade Area
  • Strategic Location Just 2 Miles from the San Luis Port of Entry with Mexico
  • Long-Term 10 Year Lease with 8.5 yrs remaining/ 10% Rent Increases Every 5 Years
  • Ideal Café and Drive-Thru Concept for Starbucks
  • Ease Of Management Investment | Pride of Ownership New Construction | Freestanding Pad to Super Walmart, Goodwill, and Dollar Tree Anchored Center

Executive Summary

Credit Income Stream from Starbucks Corporation | Best In Class Category Leader in the Coffee-Retailing Industry Long-Term 10 Year Lease with 8.5 years remaining 10% Rent Increases Every 5 Years Only Starbucks Drive-Thru Location within the 50,000 Population Trade Area - Ranks Top 12% in Traffic Nationwide & Top 7% 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

Financial Summary (Actual - 2022) Click Here to Access

Annual Annual Per SF
Gross Rental Income - -
Other Income - -
Vacancy Loss - -
Effective Gross Income - -
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2022) Click Here to Access

Gross Rental Income
Annual -
Annual Per SF -
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual -
Annual Per SF -
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,403 SF
Building Class
B
Year Built
2022
Price
£2,314,009
Price Per SF
£963
Net Initial Yield
5%
NOI
£115,700
Tenancy
Single
Number of Floors
1
Building FAR
0.07
Land Acres
0.81 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning
C-2 - Commercial
Parking
32 Spaces (13.32 Spaces per 1,000 SF Leased)
Frontage
192 ft on US Rte 95

Links

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PROPERTY TAXES

Parcel Number 775-05-011 Improvements Assessment £76,256 (2024)
Land Assessment £58,564 (2024) Total Assessment £134,820 (2024)

PROPERTY TAXES

Parcel Number
775-05-011
Land Assessment
£58,564 (2024)
Improvements Assessment
£76,256 (2024)
Total Assessment
£134,820 (2024)
  • Chris DePierro
    Chris DePierro
  • Tom Pancrazi
    A.T. Pancrazi Real Estate Services, Inc Tom Pancrazi
(949) 221-1824

  • Listing ID: 26613621

  • Date on Market: 12/09/2022

  • Last Updated:

  • Address: 1589 N Main St, San Luis, AZ 85349

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© 2024 CoStar Group

Starbucks | 1589 N Main St
(949) 221-1824 x

Starbucks | 1589 N Main St

1/2

Chris DePierro

(949) 221-1824

(949) 221-1824

Tom Pancrazi

(928) 782-0000

(928) 782-0000

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