3605 Hunt Hwy Florence, AZ 85132
This exceptional investment opportunity presents a brand-new, 10-year corporate-guaranteed net lease for a Starbucks drive-thru in Florence, Arizona. The 2,158 square foot building, constructed in 2024, sits on a sizable 1.72-acre lot and boasts a 5.30% cap rate with a $159,000 NOI. Located at 3605 N Hunt Hwy, 85132, this single-tenant property benefits from its position as the only drive-thru Starbucks within a 10-mile radius, serving a rapidly growing area. The property is an outparcel to the Anthem Marketplace, a thriving neighborhood center anchored by a high-performing Safeway and other national tenants including McDonald's, Wells Fargo, and AutoZone. The site's strategic location along Hunt Highway, a major artery connecting Florence to Phoenix and Tucson, ensures high visibility and accessibility. Significant residential growth, including four new housing developments totaling approximately 26,600 homes, further strengthens the investment potential. Rent bumps are included in the lease agreement. The property's size offers future expansion possibilities. This is a rare opportunity to acquire a high-performing, investment-grade asset with a strong tenant and significant growth potential. The property's APN is 211-02-1090. Average household income within a one-mile radius exceeds $116,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.