Description

Cushman & Wakefield is pleased to present the opportunity to acquire a net-leased investment occupied by Starbucks, the world’s largest coffeehouse chain and one of the most recognized consumer brands globally. The property is backed by a corporate guarantee from Starbucks Corporation and features a net lease structure with minimal landlord responsibilities, providing investors with a stable and passive income stream supported by a nationally recognized operator. The lease commenced in August 2023 and includes scheduled 10% rental increases every five years throughout both the primary term and renewal options, creating built-in long-term income growth. Founded in 1971 in Pike Place Market, Starbucks has expanded into a global retail platform with more than 40,990 locations worldwide as of fiscal year-end 2025 and generated approximately $37.18 billion in total net revenue during fiscal 2025. The company’s scale, brand recognition, and enduring market presence continue to position it as a dominant force within the quick-service coffee industry and a highly sought-after tenant among private and institutional net lease investors. The subject property is strategically located along U.S. Route 60 in Wickenburg, one of the area’s primary commercial corridors, and benefits from excellent visibility, direct frontage, and convenient drive-thru access. Situated on approximately 1.40 acres and improved with a ±3,000-square-foot building renovated in 2023, the asset represents a larger-format Starbucks prototype positioned in a gateway location serving both local consumers and regional highway travelers. The property is further strengthened by Starbucks’ reported investment of more than $3 million in tenant improvements, highlighting the company’s long-term commitment to the site. Combined with its location within an opportunity zone and strong surrounding household demographics, this offering presents a compelling opportunity to acquire high-quality real estate with corporate-backed tenancy and durable long-term income stability.