1207 N 91St Ave Tolleson, AZ 85353

This newly developed freestanding Starbucks building features a patio and drive-thru. The property is subject to a corporate guaranteed 15-year net lease, offering limited landlord responsibilities. Situated along Interstate 10, the location benefits from high traffic volume, with over 240,000 vehicles per day, and includes freeway pylon signage. It is positioned on the going-to-work side of the street, providing excellent access and visibility from 91st Avenue, which sees approximately 22,844 vehicles per day. The surrounding area includes established neighborhoods to the north, with over 345,000 residents within a 5-mile radius, and a strong industrial employment hub with nearly 76,000 employees within the same radius. The average household income within a 5-mile radius is over $89,000. The property is located less than 1 mile from the Loop 101 and I-10 interchange. The tenant, Starbucks Corporation (NASDAQ: SBUX), has more than 38,500 stores in 86 markets and corporate revenues in excess of $36.69 billion. Starbucks opened 816 net new stores in Q4 2023 and plans to expand its global store footprint to 55,000 by 2030. Starbucks has an S&P rating of BBB+.