1207 N 91st Ave Tolleson, AZ
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New 15-year corporate guaranteed net lease Starbucks investment property.
Type:RETAIL
Property size:
1,470 SFLot size:
0.75 AcresPrice / SF:
$2,384/SF- Added:
- Mar 28, 2024
- Days on Market:
- 764
- Last Refresh:
- Apr 5 at 10:39 pm
Property Features for 1207 N 91st Ave
General Information
- Standard status
- Active
- Size
- 1,470 SF
- Lot size
- 0.75 Acres
- Property subtype
- RETAIL
Listing agent John Schweikert
Listing office Phoenix Commercial Advisors (602) 735-5555
Listing date Mar 28, 2024
Source Moodyscre
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All listing content including descriptions, pricing, images are the copyrighted material of Phoenix Commercial Advisors
Overview
Freestanding Starbucks with Drive-Thru
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+.
Location Intelligence
Current Use by Public Records
Starbucks
Cafe & Coffee Shop
Similar Places Nearby
- Starbucks — 1207 N 91st Ave, Tolleson, AZ 85353
- My Morning Brew — 9261 W McDowell Rd, Tolleson, AZ 85353
Location Insight
- Map
- Local Demand
- City
- Tolleson
- County
- Maricopa
- State
- Arizona
- Longitude
- -112.254
- Latitude
- 33.4572
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FAQs
What type of property is this?
Coffee shop - New 15-year corporate guaranteed net lease Starbucks investment property.
Where is this coffee shop located?
The property is located at 1207 N 91st Ave Tolleson, AZ.
What is the asking price?
The asking price for this property is $3,505,000.
What are key features of this property?
This property features: Brand new 15‑year corporate guaranteed net lease.; Located along Interstate 10 with high traffic volume (240,000 VPD) and freeway pylon signage.; Investment‑grade tenant: Starbucks Corporation (NASDAQ: SBUX, S&P: BBB+) with strong corporate revenues.
