Freestanding Starbucks
For Sale
Contact for pricing
406 N Val Vista Dr, Mesa, AZ 85213
Newly constructed retail building under a corporate-backed NNN lease.
Property Size2,400 SF
Price / SF$1,440
Days on Market169
Property Features for 406 N Val Vista Dr
General Information
Standard status
Active
Size
2,400 SF
Property subtype
Retail
Zoning
NC
Occupancy
100%
Lease Type
NNN
Net Operating Income
$178,000
Site & Location
Corner Location
Yes
Highway Access
Yes
Building Details
Year Built
2025
Buildings
1
Tenancy
Single
Listing Agency:
The Menlo Group Commercial Real Estate LLC
(480) 282-3089
Listed By:
Grafton Milne · License #AZ BR584594000
Source:
Crexi
Added: Mar 16
Changed: Aug 29
Last Checked: Aug 30 at 6:47PM
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 The Menlo Group Commercial Real Estate LLC
Investment Insights
Based on property information with market context.
This freestanding retail property contains approximately 2,400 SF and was completed in 2025. The site is occupied by a single Starbucks tenant under a 100% NNN lease, with a corporate guaranty from Starbucks Corporation. The lease provides a 10-year initial term with additional renewal options.
Located at 406 N Val Vista Dr in Mesa, the property occupies the signalized hard corner of Val Vista Drive and University Drive. NC zoning is established by the City of Mesa. The site is near retail and business amenities and offers access to Loop 202, US 60, and SR 87.
Located at 406 N Val Vista Dr in Mesa, the property occupies the signalized hard corner of Val Vista Drive and University Drive. NC zoning is established by the City of Mesa. The site is near retail and business amenities and offers access to Loop 202, US 60, and SR 87.
Key Highlights
- Approximately 2,400 SF freestanding retail building completed in 2025
- 100% NNN lease with a single Starbucks tenant
- Corporate guaranty signed by Starbucks Corporation
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
421
Businesses Nearby
62k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Similar Off Market Nearby
- Arizona Rose & Flower Company — 4068 E Main St, Mesa, AZ 85205
Frequently Asked Questions
What type of property is this?
Storefront property - Newly constructed retail building under a corporate-backed NNN lease.
Where is this storefront property located?
The property is located at 406 N Val Vista Dr Mesa, AZ.
What is the asking price?
The asking price for this property is $3,456,310.
What are key features of this property?
This property features: Approximately 2,400 SF freestanding retail building completed in 2025; 100% NNN lease with a single Starbucks tenant; Corporate guaranty signed by Starbucks Corporation
