2130 Arizona AveChandler, AZ 85225

Property Details for 2130 Arizona Ave

Year built

1986

Construction

STEEL FRAME

Lot size

0.87 AC

Property size (Sq ft)

5,673 SF

Zone code

C-3

Property type

Commercial real estate

APN

302-28-278

APU

30228278

Description

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.

Location Insight

City

Chandler

County

Maricopa

State

Arizona

Latitude

33.3382

Longitude

-111.842

CBSA code

38060

CBSA name

PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].