Retail Business for Sale in Yuma, AZ
- Price: Contact for price
- Listing type: For sale
- Asset type: Retail Business
- Location: Yuma, AZ 85365
Description
Starbucks (NASDAQ: SBUX) is the premier roaster, marketer and retailer of specialty coffee in the world, operating in 69 countries. Formed in 1985, the company purchases and roasts high-quality coffees that they sell, along with handcrafted coffee, tea and other beverages and a variety of fresh food items, through company-operated stores. The City of Yuma is nestled right in the southwest corner of Arizona, bordering California and Mexico. Home to over 100,000 residents, the population nearly doubles during the winter season. Investment Highlights: • Eight Years Remaining on Corporate Lease with Starbucks (NASDAQ: SBUX) • Top 25th Percentile Nationwide for Visits per Placer.ai • 10 Percent Rental Increases Every Five Years with Multiple Renewal Options • New 2024 Construction with a Drive-Thru • 44,047 Residents within a Five-Mile Radius - Growing Yuma Trade Area • Situated Immediately Off the I-8 Freeway, a Major Connector Providing a Direct Route Between Phoenix and San Diego • Easily Accessible Location Near the Intersection of East 32nd Street and S Avenue 8 E (±38,860 Combined Cars per Day) • Across from Walmart Supercenter and Surrounded by National Retailers: Wendy's, Panda Express, Circle K, and More
Market Context
This retail in Yuma, AZ is listed for sale. It is offered at an approximate 5.5% capitalization rate, a key benchmark for income-producing retail assets. It has been on the market for 68 days. Compare it against other retail listings for sale in Yuma, AZ — <a href="/search/sale/retail/arizona/yuma">view the full market</a>.
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
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