Starbucks SEC Bell Rd & Citrus Rd 2,400 SF 4-Star Retail Building Surprise, AZ 85388 $2,971,000 ($1,237.92/SF) 5.25% Cap Rate

INVESTMENT HIGHLIGHTS

  • SUPERIOR SITE VISIBILITY: Commanding the hard corner of Bell Rd & Citrus Rd, a highly trafficked signalized inetrsection seeing nearly 33,000 VPD (Pla
  • DENSER RESIDENTIAL DEMOGRAPHICS:Surprise, AZ is projected to reach ±215,000 residents and ±60,000 local jobs by 2030 (City of Surprise Economic Develo
  • CITY OF SURPRISE: There is 1.2M SF of construction and an investment of $170M into the Surprise community since the beginning of 2019 (City of Surpris
  • MAJOR RETAIL CORRIDOR: Bell road hosts prominent national retailers, including Sam’s Club, Safeway, WinCo Foods, EoS Fitness, Culver’s, Popeyes, and m
  • NEARBY TRAFFIC GENERATORS: Located by a variety of amenities, including an elementary, middle and high school, Surprise Stadium (Spring Training Facil
  • PHOENIX MSA: One of the fastest growing economies in the Nation with nearly 5 million residents.

EXECUTIVE SUMMARY

Starbucks Ten Year Corporate lease
Bell Road Hard Corner and Frontage
Sits on the main entrance road to Surprise, AZ's largest high school
Two multifamily developments surrounding the site now open and leasing

PROPERTY FACTS Under Contract

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
2,400 SF
Building Class
B
LoopNet Rating
4 Star
Year Built
2025
Price
$2,971,000
Price Per SF
$1,237.92
Cap Rate
5.25%
NOI
$156,045
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
0.86 AC

AMENITIES

  • Drive Thru
  • Wheelchair Accessible
  • Air Conditioning
  • Smoke Detector

MAJOR TENANTS Click Here to Access

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Starbucks
  • Retailer
  • 99,999 SF
  • -
  • Lorem Ipsum
  • -
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Starbucks Retailer 99,999 SF - Lorem Ipsum -
  • Listing ID: 33272029

  • Date on Market: 9/23/2024

  • Last Updated:

  • Address: SEC Bell Rd & Citrus Rd, Surprise, AZ 85388