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19th Ave & Glendale
Phoenix, AZ 85021

Starbucks · Retail Property For Sale

Investment Highlights

  • Single-Tenant Corporate Starbucks Drive-Thru: New 10-year Lease; 10% increases every 5 years. No early termination.
  • Publicly traded Company: NASDAQ: SBUX; S&P: BBB+ Investment Grade
  • Excellent, Identity, Exposure & Visibility: Property benefits from prominent pylon and monument signages along Glendale Avenue
  • Prime Phoenix-Glendale Location: Phoenix is the fifth largest city in the United States and one of the fastest growing city of the last decade
  • High-Traffic, Signalized Intersection of Glendale Avenue and 19th Avenue (61,000 cars per day)
  • Direct Access to Interstate -17: The property is located about a half-mile east of Interstate-17 (198,885 CPD)

PROPERTY FACTS

Property Type
Retail
Property Subtype
Fast Food
Building Size
3,106 SF
Building Class
B
Year Built/Renovated
2008/2023
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
0.75 AC
Zoning
C-3 - Commercial
Parking
38 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
119 FT on W Glendale Ave

Amenities

  • Signalized Intersection
  • Drive Thru

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
157-17-039G
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$164,165
  • Listing ID: 28700592

  • Date on Market: 6/8/2023

  • Last Updated:

  • Address: 19th Ave & Glendale, Phoenix, AZ 85021

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