Cushman & Wakefield is pleased to offer to qualified investors the opportunity to acquire a rare urban Starbucks drive thru location in a densely populated area of central Phoenix, AZ, with a population of over 422,000 within a 5 mile radius

The largest and most successful coffee retailer in the world, Starbucks, was formed in 1971 in Seattle's Pike Place Market. The coffee house has since grown to over 38,000 locations in 84 countries. This industry leader employs over 402,000 people and reported more than 36 billion dollars in revenue for 2023. Starbucks went public in 1992 and is listed on NASDAQ, under the trading symbol “SBUX”. Their Market Cap is greater than $103 billion. They have a BBB+ credit rating from Standard & Poor's.

The lease is a 10 year deal with minimal landlord responsibilities and a corporate guaranty from the world’s largest coffeehouse chain. In addition, there are 10% rent increases every 5 years to hedge against inflation.

This offering is an excellent opportunity for investors aiming to acquire an asset with a national brand with an attractive lease structure. In addition, being adjacent to the ±650,000 SF Park Central mixed-use redevelopment project and Creighton University Health Sciences Campus will likely increase the property value over time.