1589 Main St San Luis, AZ 85349

This exceptional investment opportunity presents a 2,403 square foot Starbucks storefront in San Luis, Arizona. Built in 2022, this NNN-leased property boasts a 10-year lease (commencing August 30, 2022, and expiring August 29, 2032) with a highly desirable tenant: Starbucks Corporation. The lease includes four 5-year renewal options with 10% rent increases. The property features a drive-thru, a key differentiator as the only one within a 50,000-person trade area. This location is strategically positioned just two miles from the San Luis Port of Entry, providing significant access to a large customer base. The property's strong performance is evidenced by its ranking in the top 12% nationally and top 7% in Arizona for traffic, according to Placer.ai. The asking price is $2,950,000, representing a 5.00% cap rate and a NOI of $147,500. The property sits on a 0.81-acre lot with 32 parking spaces and is located within a shopping center anchored by Walmart, Goodwill, and Dollar Tree. The property's APN is 775-05-012, and it is zoned C-2. This is a rare opportunity to acquire a high-performing, low-management investment property with a strong tenant and significant growth potential.