This exceptional investment opportunity presents a brand-new, single-tenant, free-standing Starbucks building in Tolleson, Arizona. The property boasts a rare 15-year corporate-guaranteed net lease with a prominent location along Interstate 10, benefiting from high visibility and significant daily traffic volume exceeding 240,000 vehicles. The 1,470 square foot building, constructed in 2024, includes a drive-thru and patio, maximizing operational efficiency and customer convenience. Situated on a 0.75-acre lot at 1207 N 91st Ave, Tolleson, AZ 85353 (APN 102-47-092), this property offers excellent access and visibility from 91st Avenue, with approximately 22,844 vehicles passing daily. The property benefits from a strong demographic profile, with over 345,000 residents and nearly 76,000 employees within a 5-mile radius, boasting an average household income exceeding $89,000. The strategic location is less than one mile from the Loop 101 and I-10 interchange, further enhancing accessibility. The asking price is $3,641,000, representing a 5.15% cap rate and a price per square foot of $2,476.87. The property generates a net operating income (NOI) of $187,500. This investment is further strengthened by Starbucks' robust financial performance and expansion plans, with the company operating over 38,500 stores globally and planning to expand to 55,000 by 2030. Rent bumps are included in the lease agreement. This is a truly exceptional opportunity to acquire a high-performing, investment-grade asset with a long-term, secure lease.
Highlights
NOW OPEN!
15-year corporate guaranteed net lease; limited landlord responsibilities.
New freestanding Starbucks with patio and drive-thru.
High-traffic location on I-10 (240,000+ VPD) with freeway signage.
Excellent visibility and access from 91st Avenue (22,844 VPD).
Starbucks aggressively expanding (816 new stores Q4 2023, targeting 55,000 globally by 2030).
The property is located at 1207 91St Ave Tolleson, AZ.
What is the asking price?
The asking price for this property is $3,641,000.
What are key features of this property?
This property features: NOW OPEN!; 15-year corporate guaranteed net lease; limited landlord responsibilities.; New freestanding Starbucks with patio and drive-thru.
How can I contact the broker?
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Contacts
John Schweikert
Chad Tiedeman
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91St Ave Tolleson, AZ 85353
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91St Ave Tolleson, AZ 85353
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1207 91St Ave
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