Starbucks 515 E Wickenburg Way 3,000 SF Retail Building Wickenburg, AZ 85390 $3,161,925 CAD ($1,053.98 CAD/SF) 6% Cap Rate

Cushman & Wakefield is pleased to present the opportunity to acquire a net leased investment tenanted by Starbucks, the world’s largest coffeehouse chain and one of the most recognized consumer brands globally. The property is secured by a corporate guarantee from Starbucks Corporation and features a net lease structure with minimal landlord responsibilities, providing investors with a durable and passive income stream backed by a proven national operator. The lease commenced in August 2023 and includes attractive 10% rental increases every five years throughout the primary term and option periods, creating built-in income growth over the hold period.
Founded in 1971 in Seattle’s Pike Place Market, Starbucks has grown into a global retail platform with 40,990 stores worldwide as of fiscal year-end 2025 and generated approximately $37.18 billion in total net revenues during fiscal 2025. Starbucks’ scale, brand equity, and longstanding market presence continue to position the company as a dominant force within the quick-service coffee segment and a highly desirable net lease tenant for private and institutional investors alike.
The subject property is strategically located along Wickenburg Way/US-60, one of the community’s primary commercial corridors, and benefits from strong visibility, direct frontage, and convenient drive-thru access. Situated on approximately 1.40 acres and improved with a ±3,000-square-foot building renovated in 2023, the asset represents a larger-format Starbucks prototype in a gateway location serving both local traffic and travelers along the US-60 Highway. The property is further enhanced by Starbucks’ reported investment of more than $3,000,000 in tenant improvements, underscoring the company’s long-term commitment to the site.
With an opportunity zone location and strong household incomes within the surrounding trade area, the asset offers investors a compelling combination of high-quality real estate, corporate-backed tenancy, and long-term income stability.