Starbucks 1589 N Main St

1589 N Main St , San Luis, Arizona, 85349 | 2,403 sq.f | $ 2,950,000

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About This Restaurant

Investment Highlights

Credit Income Stream from Starbucks Corporation | Best In Class Category Leader in the Coffee-Retailing Industry Only Starbucks Drive-Thru Location within the 50,000 Population Trade Area Strategic Location Just 2 Miles from the San Luis Port of Entry with Mexico Long-Term 10 Year Lease with 8.5 yrs remaining/ 10% Rent Increases Every 5 Years Ideal Caf? and Drive-Thru Concept for Starbucks Ease Of Management Investment | Pride of Ownership New Construction | Freestanding Pad to Super Walmart, Goodwill, and Dollar Tree Anchored Center

Executive Summary

Credit Income Stream from Starbucks Corporation | Best In Class Category Leader in the Coffee-Retailing Industry Long-Term 10 Year Lease with 8.5 years remaining 10% Rent Increases Every 5 Years Only Starbucks Drive-Thru Location within the 50,000 Population Trade Area - Ranks Top 12% in Traffic Nationwide & Top 7% in the State of Arizona According to Placer.ai. Ideal Caf? and Drive-Thru Concept for Starbucks Strategic Location Just 2 Miles from the San Luis Port Of Entry with Mexico Ease Of Management Investment | Pride of Ownership New Construction Freestanding Pad to Super Walmart, Goodwill, and Dollar Tree Anchored Center

Property Details

  • Sale Type    Investment
  • Property Type    Retail
  • Property Subtype    Fast Food
  • Building Size    2,403
  • Building Class    B
  • Year Built    2022
  • Price    2,950,000
  • Price Per SF    1,228
  • Cap Rate    5
  • NOI    147,500
  • Tenancy    Single
  • Building Height    1 Story
  • Building FAR    0.07
  • Land Acres    0.81 AC
  • Opportunity Zone    Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Property Taxes

Parcel Number 775-05-011 Improvements Assessment $15,969 (2023)
Land Assessment $0 (2023) Total Assessment $15,969 (2023)
Date Created: 2024-07-16 04:09:21 Last Updated: 2024-07-16 04:09:21
Address: 1589 N Main St , San Luis, Arizona, 85349