(Disclosure: Rose Law Group represents Nick Miner.)
By Real Estate Daily News
ORION Investment Real Estate is pleased to announce the successful sale of a single-tenant, net-leased Starbucks property located at 515 E Wickenburg Way, Wickenburg, Arizona 85390. The ±3,000-square-foot building sold for $2,250,000 (approx. $750 PSF).
The property is secured by a corporate-guaranteed net lease with Starbucks Corporation, the world’s leading coffee retailer, providing investors a stable and predictable income stream backed by an investment-grade tenant. Starbucks opened at this location in 2023. It underwent a complete renovation prior to Starbucks occupancy by a premier local developer (SIMON CRE). The site benefits from strong visibility along a major Wickenburg thoroughfare and a larger-format drive-thru design.
