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Starbucks - Scottsdale 8055 E McDowell Rd 2,400 SF Retail Building Scottsdale, AZ 85257 $4,185,126 CAD ($1,743.80 CAD/SF) 5% Cap Rate
INVESTMENT HIGHLIGHTS
- Rare Opportunity to Buy in Scottsdale
- 282,636 Residents within a 5-Mile Radius - Households and Population Projected to Increase 4% in the Surrounding Area by 2030
- Average Household Income Exceeds $107,000 within 3 Miles
- 8+ Years Remaining on Corporate Lease with Starbucks (NASDAQ: SBUX)
- Multiple Renewal Options with 10% Rental Increases Every 5 Years
- Frontage Along McDowell Road with 53,000+ Cars per Day at the Corner of McDowell Road and Hayden Road
EXECUTIVE SUMMARY
Starbucks (NASDAQ: SBUX)is the premier roaster, marketer and retailer of specialty coffee in the world, operating in 69 countries.
Adjacent to the Greater Phoenix Area, Scottsdale is known as “the West’s most Western town” and was described in the New York Times as “a desert version of Miami’s South Beach.” With a population of more than 240,000, the City of Scottsdale is among Arizona’s ten largest cities.
Adjacent to the Greater Phoenix Area, Scottsdale is known as “the West’s most Western town” and was described in the New York Times as “a desert version of Miami’s South Beach.” With a population of more than 240,000, the City of Scottsdale is among Arizona’s ten largest cities.
PROPERTY FACTS
Sale Type
Investment
Property Type
Building Size
2,400 SF
Year Built
2024
Price
$4,185,126 CAD
Price Per SF
$1,743.80 CAD
Cap Rate
5%
NOI
$209,256 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
0.74 AC
AMENITIES
- Restaurant
- Drive Thru
Walk Score®
Very Walkable (72)
Bike Score®
Biker's Paradise (90)
NEARBY MAJOR RETAILERS
1 of 7
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Starbucks - Scottsdale | 8055 E McDowell Rd
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