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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

3605 Hunt Hwy Florence, AZ 85132

2,158 SF 1.72 ac lot Built 2024
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail properties & Spaces
Year built 2024
Total area 2,158 SF
Lot 1.72 ac (74,923 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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