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Marcus & Millichap Brokers $3 Million Sale Of Retail Property Leased To Starbucks In Tucson
SOLD
Arizona
See Similar DealsRetail
Sold 12/02/2025
SOLD
Marcus & Millichap Brokers $3 Million Sale Of Retail Property Leased To Starbucks In Tucson
6210 East Broadway Boulevard
See Similar DealsRetail
Sold 12/02/2025
Summary
ARIZONA
Asset Type:Retail
Transaction Type:Sale
The property involved in the transaction is a retail asset located at 6210 East Broadway Boulevard in Tucson, AZ. This restaurant property spans 2,200 square feet and is currently occupied by Starbucks, which has signed a new 10-year corporate net lease. The sale price for this asset was $3,000,000.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $3,000,000
- Address: 6210 East Broadway Boulevard
- Market: Tucson, AZ
- Square Footage: 2,200
- Tenant: Starbucks
- Lease Term: 10-year corporate net lease
The transaction was brokered by Mark Ruble, Chris Lind, and Zack House from Marcus & Millichap, representing the parties involved in the deal.
Players
BROKERAGE
Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$160,000.01
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$10,658.36
Cash-on-Cash Return-1.27%
Monthly Debt Service$14,221.53
Annual Debt Service$170,658.37
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