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Single-Tenant Starbucks NNN Lease
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406 N Val Vista Dr, Mesa, AZ 85213

New 2,400 SF single-tenant Starbucks NNN property with corporate guaranty and a 10-year initial lease term.

Space Size2,400 SF
Days on Market125

Property Features for 406 N Val Vista Dr

General Information

Standard status Active
Size 2,400 SF
Property subtype RETAIL
Zoning NC
Occupancy 100%

Additional Details

Highway Access Yes

Building Details

Year Built 2025
Tenancy Single

Spaces For Lease

at 406 N Val Vista Dr Contact us

406 N Val Vista Dr

Size
2,400 SF
Type
RETAIL
Rate
Contact for pricing
Lease Type
NNN
Availability
AVAILABLE, Now
Sublease
No
- 100% NNN Leased Single Tenant Investment Sale - Corporate Guaranty Signed by Starbucks...
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Listing Agency: Menlo Group Commercial Real Estate
Listed By: Grafton Milne · License #BR584594000
Source: Moodyscre
Added: May 13 Changed: Sep 6 Last Checked: Sep 13 at 6:34AM

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 Menlo Group Commercial Real Estate

Investment Insights

Based on property information with market context.

This is a 100% NNN leased, single-tenant investment property with a corporate guaranty signed by Starbucks Corporation. The building was constructed in 2025 and is offered with an initial 10-year lease term and ample renewal options. The available space is approximately 2,400 square feet.

The property is zoned NC in the City of Mesa and is positioned near retail and business amenities. It is also described as being in close proximity to Loop 202 Freeway, US 60 Freeway, and SR 87.

As an NNN specialty asset with a single-tenant Starbucks lease structure and a newly constructed timeframe, it is designed for hands-off occupancy tied to the executed lease and guaranty terms.

Key Highlights

  • 100% NNN leased, single‑tenant investment sale with a corporate guaranty signed by Starbucks Corporation
  • New 2025 construction 2,400 SF single‑tenant Starbucks property
  • 10‑year initial lease term with ample renewal options

Property Analytics

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Current Use

Coffee shops

Suggested Use

Top Pick Real Estate Agency Restaurant Law Firm Building Supply Big Box & Wholesale Store Hair Salon

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

100%
Occupancy
Single-tenant
Tenancy
Yes
Highway access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

421
Businesses Nearby
62k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Groceries 49% Dining 43% Shops & Services 8%
Albertsons Groceries
30,547 visits/mo 0.2 miles
McDonald's Dining
26,779 visits/mo 0.1 miles
Shell Shops & Services
4,756 visits/mo 0.1 miles

Demographics for 85213, AZ

36,572
Population
15,468
Households
2.4
Avg Household Size
39
Median Age
39%
College-Educated
96%
High-School Grad
9.2 sq mi
ZIP Area
3,975
Density / Sq Mi
$100,671
Median Household Income
$49,759
Median Earnings
$1,640
Median Rent
$407,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
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Similar Off Market Nearby

  • Starbucks 441 N Val Vista Dr, Mesa, AZ 85213

Frequently Asked Questions

What type of property is this?
Coffee shop - New 2,400 SF single-tenant Starbucks NNN property with corporate guaranty and a 10-year initial lease term.
Where is this coffee shop located?
The property is located at 406 N Val Vista Dr Mesa, AZ.
What are key features of this property?
This property features: 100% NNN leased, single‑tenant investment sale with a corporate guaranty signed by Starbucks Corporation; New 2025 construction 2,400 SF single‑tenant Starbucks property; 10‑year initial lease term with ample renewal options
(480) 282-3089 Call to check price and availability
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