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Drive-Through Restaurant Net Lease
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Pending

1970 W Glendale Ave, Phoenix, AZ 85021

Renovated Starbucks net lease property with a drive-thru and corporate guaranty, positioned at a high-traffic intersection.

Property Size3,106 SF
Days on Market115

Property Features for 1970 W Glendale Ave

General Information

Standard status Pending
Size 3,106 SF
Property subtype Retail

Additional Details

Traffic Count 73,682 vehicles/day

Building Details

Tenancy Single
Listing Agency: Cushman & Wakefield - Phoenix, Arizona
Listed By: Chris Hollenbeck · License #SA584876000
Source: Crexi
Added: Apr 12 Changed: Jul 23 Last Checked: Aug 4 at 12:14PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Cushman & Wakefield - Phoenix, Arizona

Investment Insights

Based on property information with market context.

This renovated Starbucks net lease investment includes a 3,106 SF space with drive-thru service. The lease is supported by a corporate guaranty from Starbucks Corporation, and the rent structure includes a 10% rent increase every five years over a stated 110-year term.

The property is located at 1970 W Glendale Ave in Phoenix, Arizona, at the intersection of Glendale Ave and 19th Ave. Public remarks cite approximately 73,682 vehicles per day and a densely populated trade area of more than 448,000 people within a five-mile radius.

For buyers seeking a single-tenant, long-term net lease investment backed by Starbucks Corporation, this offering combines drive-thru functionality with the corporate guaranty described in the lease terms.

Key Highlights

  • Renovated Starbucks net lease property at 1970 W Glendale Ave, Phoenix, AZ 85021
  • 3,106 SF building with a drive‑thru
  • Corporate guaranty from Starbucks Corporation

Property Analytics

Current Use

Wendy's Restaurant Starbucks Cafe & Coffee Shop

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Pharmacy Bakery HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

73,682 VPD
Traffic count
Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

846
Businesses Nearby
Under-served
Demand for This Use

Demographics for 85021, AZ

40,943
Population
18,136
Households
2.3
Avg Household Size
35
Median Age
33%
College-Educated
87%
High-School Grad
6.9 sq mi
ZIP Area
5,934
Density / Sq Mi
$58,481
Median Household Income
$38,147
Median Earnings
$1,221
Median Rent
$433,000
Median Home Value

Market

Vacancy Rate% for Retail in Phoenix, AZ

8.5% 2019
8.7% 2020
7.4% 2021
5.6% 2022
5.1% 2023
5.4% 2024
5.3% 2025
Rey
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Similar Off Market Nearby

  • Starbucks Fry's, 1815 W Glendale Ave, Phoenix, AZ 85021
  • Scooter's Coffee 2635 W Glendale Ave, Phoenix, AZ 85051
  • Black Rock Coffee Bar 2260 W Glendale Ave, Phoenix, AZ 85021
  • Circle K 2344 W Glendale Ave, Phoenix, AZ 85021
  • Starbucks 1970 W Glendale Ave, Phoenix, AZ 85021

Frequently Asked Questions

What type of property is this?
Coffee shop - Renovated Starbucks net lease property with a drive-thru and corporate guaranty, positioned at a high-traffic intersection.
Where is this coffee shop located?
The property is located at 1970 W Glendale Ave Phoenix, AZ.
What are key features of this property?
This property features: Renovated Starbucks net lease property at 1970 W Glendale Ave, Phoenix, AZ 85021; 3,106 SF building with a drive‑thru; Corporate guaranty from Starbucks Corporation
(602) 224-4475 Call to check price and availability
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