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STNL STARBUCKS | ANTHEM MARKETPLACE 3605 Hunt Hwy

2,158 SF Retail Building Florence, AZ 85132 £2,349,308 (£1,089/SF) 5.30% Net Initial Yield

Investment Highlights

  • Brand new corporate guaranteed 10-year net lease, landlord has, limited responsibilities
  • Outparcel to Anthem Marketplace, a strong neighborhood center anchored by a high performing Safeway
  • Rare jumbo oversized parcel of 1.72 acres, future proofing the site by providing build out flexibility
  • New 2024 construction freestanding building with drive-thru
  • Only drive-thru Starbucks location within a 10-mile radius, and the only drive-thru Starbucks in Florence and the surrounding communities

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
2,158 SF
Building Class
C
Year Built
2024
Price
£2,349,308
Price Per SF
£1,089
Net Initial Yield
5.30%
NOI
£124,513
Tenancy
Single
Number of Floors
1
Building FAR
0.03
Land Acres
1.72 AC
Zoning
Gr - General Retail

Links

1 of 1
(602) 288-3472

  • Listing ID: 32479689

  • Date on Market: 16/07/2024

  • Last Updated:

  • Address: 3605 Hunt Hwy, Florence, AZ 85132

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© 2024 CoStar Group

STNL STARBUCKS | ANTHEM MARKETPLACE | 3605 Hunt Hwy
(602) 288-3472 x

STNL STARBUCKS | ANTHEM MARKETPLACE | 3605 Hunt Hwy

Chad Tiedeman

(602) 288-3472

(602) 288-3472

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