3605 Hunt Hwy Florence, AZ 85132
- Retail properties
- 2,158 SF
- 1.72 lot acres
Current Use by Public Records
- Retail properties
Property Details for 3605 Hunt Hwy
- Year built
- 2024
- Lot size
- 1.72 lot acres
- Property size
- 2,158 SF
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
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.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Florence
- County
- Pinal
- State
- Arizona
- Longitude
- -111.486
- Latitude
- 33.0649
