Starbucks – Rare Large Format Store — Sale in Phoenix, AZ
- Price: Contact for price
- Listing type: For sale
- Asset type: Business
- Location: Phoenix, AZ 85048
Investment Figures
- Cap rate
- 5.33%
Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.
Description
Starbucks (NASDAQ: SBUX) is the premier roaster, marketer and retailer of specialty coffee in the world, operating in 69 countries. The Phoenix metro consists of Maricopa and Pinal counties, and includes more than 30 incorporated and more than 30 unincorporated towns and cities. As of 2020, Metro Phoenix had 4.8 million residents, making it the nation’s 11thlargest metropolitan area. The largest city is Phoenix, which encompasses about 520 square miles and boasts a population of more than 1.6 million. Investment Highlights: • New 10-Year Corporate Lease with Starbucks (NASDAQ: SBUX) • 10 Percent Rental Increases Every Five Years with Multiple Renewal Options • 100,259 Residents within a Five-Mile Radius - Growing Trade Area in the Ahwatukee Foothills • New Community Sit Down Prototype on a Huge 1.25-Acre Lot • Prime Location within the Ahwatukee Foothills - High Barrier to Entry Due to Community Association Restrictions • Ahwatukee Foothills was Ranked #1 in 2025 Best Neighborhoods to Live in Phoenix by Niche.com • The Only Starbucks in Arizona Listed for Under $1,000 Square-Foot. One of the Top Starbucks Locations in its District • Affluent Trade Area - $186,000 Average Household Income in the Immediate Area
Market Context
This food service in Phoenix, AZ is listed for sale. It is offered at an approximate 5.3% capitalization rate, a key benchmark for income-producing food service assets. It has been on the market for 100 days. Compare it against other food service listings for sale in Phoenix, AZ — view the full market.
Contact
- Nick Christifulli · (602) 687-6694 · nick.christifulli@marcusmillichap.com
- Mark Ruble · (602) 687-6766 · mark.ruble@marcusmillichap.com
- Chris Lind · (602) 687-6780 · chris.lind@marcusmillichap.com
- Zack House · (602) 687-6650 · zachary.house@marcusmillichap.com
- Ryan Sarbinoff · (602) 687-6700
- Josh Sciotto · (602) 687-6647 · josh.sciotto@marcusmillichap.com