Listing Summary
This highly desirable investment property features a brand new 10-year lease with Starbucks, offering 10% rental increases every five years.
Full Description
This prime investment property features a brand new 10-year lease with Starbucks, offering 10% rental increases every five years. With minimal landlord responsibilities, it's an ideal, low-management opportunity. The lease is backed by Starbucks, the world’s largest coffee company with over 38,000 locations across 87 countries, ensuring long-term security. Located on a hard corner in Central Tucson, this property benefits from high visibility with nearly 80,000 cars passing daily and is less than 2 miles from the University of Arizona, providing a steady flow of customers. The site is surrounded by a dense population base and major employment centers, including a 670,000 SF medical campus, making it a highly desirable location. Newly constructed in 2024, the store features Starbucks’ latest premium prototype design, further enhancing its appeal in this historically limited area.
Quick Glance
- Listing ID:
CL-Arizona-11648
- Status:
Active
- Year Build:
2024
- Building Size:
1,656 SqFt
- Lot Size:
1,656.00 Acre