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2130 Arizona Ave Chandler, AZ 85225-3417

OFF-MARKET Commercial real estate Google Maps
5,673 SF 0.87 ac lot Built 1986
Individually Owned ~ Est. High Equity
Estimated value (blended)
$480k
Range $432k – $528k (±10%)
Property ID US07-2278974

Property summary

AI-generated overview

This exceptional investment opportunity presents a brand-new, 2,689-square-foot Starbucks located at 2130 N Arizona Ave, Chandler, AZ 85225. The property boasts a fee-simple ownership structure encompassing both building and land, offering a secure and lucrative investment. A new 10-year absolute NNN lease with Starbucks Corporation (S&P BBB+, Moody's Baa1) is in place, featuring attractive 8% rent escalations every five years. Four additional five-year renewal options further enhance the long-term stability of this investment. The building, constructed in 2024, is a state-of-the-art design incorporating a double drive-thru capable of handling a 20-car stack, maximizing operational efficiency and customer convenience. This prime location on a major thoroughfare (AZ-87/N Arizona Ave) benefits from exceptional visibility and high traffic counts of 68,120 cars per day. The 0.87-acre lot is situated in a high-growth area with a strong demographic profile: a 5-mile radius population of 110,070 and a 1-mile average household income of $147,126. The property's current Net Operating Income (NOI) is $181,036, yielding a compelling 5.15% cap rate. This is a rare opportunity to acquire a high-quality, net-leased property anchored by a globally recognized brand with a proven track record of success. The property is zoned C and offers significant long-term growth potential.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1986
Construction STEEL FRAME
Total area 5,673 SF
Lot 0.87 ac (38,078 SF)
Zoning code C-3
APN 302-28-278
UPID US07-2278974

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Plumbing Service General Contractor

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.91M
Blend (final) Blend
$480k

Owner & transaction history

since 2025
Last sale
$3.2M
7 recorded transactions
2025
$3.2M
2025
Price N/A
2022
$600,000
2010
Price N/A
2007
$28.0M
2007
Price N/A
1969
Price N/A

Zoning & alternative use

C-3 · Chandler, AZ
Zoning description

ordance with Article XVIII of this Code. (Ord. No. 3063, § 3, 11-18-99) 35-1305. - Site development. All buildings shall be in accordance with Article XIX of this Code. (Ord. No. 4931, § 2(Exh.), 8-13-20) ARTICLE XIV. -…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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