7050 E Shea Blvd Scottsdale, AZ 85254

This exceptional Scottsdale retail investment presents a unique opportunity to acquire a 900 square foot building currently leased to Starbucks (NASDAQ: SBUX). The property boasts a corporate lease with over nine years remaining, featuring multiple renewal options and a 10% rental increase every five years. Situated in the high-traffic Scottsdale/Shea retail corridor, this location benefits from exceptional visibility and proximity to national tenants such as Safeway, Harkins Theaters, and McDonald's. The affluent trade area, with an average household income exceeding $180,000 within a three-mile radius, ensures strong consumer demand. The property's location on Shea Boulevard provides significant exposure to over 97,000 vehicles daily, further enhancing its investment potential. With a population of over 184,626 residents within a five-mile radius and projected population growth of 6% by 2028, this investment offers both immediate returns and long-term growth prospects. The 0.23-acre lot provides ample space for the existing building and potential future expansion. The strong tenant, prime location, and favorable lease terms make this a compelling investment opportunity in a thriving Scottsdale market. The asking price is $2,238,000, generating a net operating income of $117,500. This property offers a stable income stream with significant upside potential.