356 Stapley Dr Mesa, AZ 85203-8031
Property profile & analytics
356 Stapley Dr Mesa, AZ 85203-8031
- Retail space
- 940 SF
- 0.41 lot acres
Property ID
US07-1769452
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Starbucks / Cafe & Coffee Shop
Property Details for 356 Stapley Dr
- Year built
- 2022
- Lot size
- 0.41 lot acres
- Property size
- 940 SF
- Zone code
- LC
- Property type
- Retail space
- APN
- 138-20-024C
- APU
- 13820024C
Description
This exceptional investment opportunity presents a newly constructed, 940-square-foot Starbucks with a drive-thru, located at 356 N Stapley Dr, Mesa, AZ 85203, in Maricopa County. The property, built in 2022, is situated on a hard corner with high visibility and boasts a strong daily traffic count of approximately 47,506 vehicles. Currently operating under a net lease with a corporate guarantee from Starbucks, the lease commenced November 23, 2022, and has a remaining term of eight years, with four five-year renewal options. The current annual net operating income (NOI) is $128,000, representing a 5.15% cap rate and a price per square foot of $2,644.08. The asking price is $2,485,436. Rent increases by 10% every five years, ensuring a growing return on investment. The property benefits from a densely populated trade area with approximately 334,180 residents within a five-mile radius and is conveniently located near three high schools, totaling approximately 6,990 students, and adjacent to an Esporta Fitness-anchored retail center. This single-tenant property offers a secure and stable investment with a globally recognized brand, making it an attractive addition to any portfolio. The property's APN is 138-20-024C & 138-20-024D.
Value Estimations
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Mesa
- County
- Maricopa
- State
- Arizona
- Longitude
- -111.806
- Latitude
- 33.4221
- CBSA code
- 38060
- CBSA name
- PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$8,247
$0.00
$0.00
$144,145
-
$404,700
$468,907
$873,607
