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Starbucks 11420 W Buckeye Rd 2,262 SF Retail Building Avondale, AZ 85323 $5,576,614 CAD ($2,465.35 CAD/SF) 5.25% Cap Rate



INVESTMENT HIGHLIGHTS
- RARE 12-YEAR TERM | Corporate Guarantee | 2025 Construction
- LOCATED AT A PROPOSED FRY’S INTERSECTION
- 10% INCREASES EVERY 5 YEARS
- STARBUCKS WITH DOUBLE-STACK DRIVE-THRU | Net Lease
EXECUTIVE SUMMARY
Site is ±3 miles south of Interstate 10 (±218,000 VPD) and ±2 miles north of the planned 4.5 mile Loop 303 extension which will connect Loop 303 and Loop 202.
The intersection features planned commercial uses including a grocery anchored shopping center, the ±240 acre Hermosa Ranch Tech Campus, and ±28 additional acres of commercial uses.
Only ten minutes from the Phoenix Raceway, the 42,000 occupancy raceway, which hosts NASCAR events including the NASCAR Cup Series Championship Race.
±5,000 residential units are planned for development within 2 miles of the property.
The intersection features planned commercial uses including a grocery anchored shopping center, the ±240 acre Hermosa Ranch Tech Campus, and ±28 additional acres of commercial uses.
Only ten minutes from the Phoenix Raceway, the 42,000 occupancy raceway, which hosts NASCAR events including the NASCAR Cup Series Championship Race.
±5,000 residential units are planned for development within 2 miles of the property.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Restaurant
Building Size
2,262 SF
Building Class
B
Year Built
2025
Construction Status
Under Construction
Price
$5,576,614 CAD
Price Per SF
$2,465.35 CAD
Cap Rate
5.25%
NOI
$292,772 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
1.02 AC
Zoning
PAD - PAD, Planned Area Development
AMENITIES
- Signage
- Air Conditioning
NEARBY MAJOR RETAILERS
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Starbucks | 11420 W Buckeye Rd
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