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Starbucks - New Build - 1.25 Acre Parcel 525 N 99th Ave 2,400 SF Retail Building Tolleson, AZ 85353 $4,459,965 CAD ($1,858.32 CAD/SF) 5.45% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Brand New 10-Year Lease with Corporate Guaranty by Starbucks (NYSE: SBUX) - Large 1.25 Acre Lot
  • Dense Trade Area in the Phoenix MSA with 314,719 Residents in a 5-Mile Radius
  • New High-Quality 2025 Construction with a Drive-Thru
  • 7.5% Rental Increases Every Five Years with Multiple Renewal Options
  • Rapidly Growing Trade Area - Households and Population Projected to Increase Over 7% in the Immediate Area Over the Next 5 Years

EXECUTIVE SUMMARY

Starbucks is the premier roaster, marketer and retailer of specialty coffee in the world, operating in 69 countries. Formed in 1985, Starbucks Corporation’s common stock trades on the NASDAQ Global Select Market (“NASDAQ”) under the symbol “SBUX.”
Tolleson is a city in Maricopa County, Arizona, home to an estimated 7,200 residents and part of the Phoenix metropolitan area.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
2,400 SF
Building Class
B
Year Built
2024
Price
$4,459,965 CAD
Price Per SF
$1,858.32 CAD
Cap Rate
5.45%
NOI
$242,890 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
1.25 AC
Zoning
C-2 - C-2 Commercial
Frontage
112’ on North 99th Avenue

AMENITIES

  • Restaurant
  • Drive Thru
  • Monument Signage
  • Air Conditioning

MAJOR TENANTS Click Here to Access

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Accommodation and Food Services
  • -
  • -
  • Lorem Ipsum
  • Jan 0000

Starbucks is a multinational coffeehouse chain founded in 1971 in Seattle, Washington. Initially a retailer of coffee beans and equipment, the company expanded under Howard Schultz’s leadership in the late 1980s to become a global coffeehouse brand. Starbucks operates thousands of stores worldwide, including over 3,000 in California, offering coffee, tea, and food products alongside branded merchandise. The company emphasizes ethical sourcing and sustainability in its operations. Starbucks is publicly traded on NASDAQ under the ticker symbol SBUX and reported employing approximately 381,000 people globally in 2025. Its growth strategy includes licensed stores, digital ordering platforms, and specialty formats such as Starbucks Reserve® Roasteries.

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Accommodation and Food Services - - Lorem Ipsum Jan 0000

NEARBY MAJOR RETAILERS

Dutch Bros
Freddy's Frozen Custard & Steakburgers
The Buffalo Spot
Claim Jumper Steakhouse & Bar
Filiberto's Mexican Food
Bank of Montreal
Avondale Toyota
United Rentals-equipment & Tool Rentals
Mountainside Fitness
Sprouts

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
102-53-355
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$187,060 CAD
  • Listing ID: 38309624

  • Date on Market: 2025-11-03

  • Last Updated:

  • Address: 525 N 99th Ave, Tolleson, AZ 85353

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