Andy Kroot Negotiates Starbucks Sale at SWC of Scottsdale & McKellips, Tempe, AZ

Andy Kroot with Velocity Retail Group, LLC announces the sale of the single tenant Starbucks store
located at the SWC of Scottsdale and McKellips – 1926 North Scottsdale Rd, Tempe AZ. Andy Kroot,
Principal of Velocity Retail Group represented the Seller in the transaction and Jon Stansbury of DTZ
represented the Buyer.

Final Front View

The ownership – SWC Scottsdale & McKellips, LLC and the buyer – TEMK Investments Femont, LLC
closed the transaction April 8, 2015.

“The Greater Phoenix Retail market is very strong right now and is a key expansion area for many
investors and tenants alike; we were happy to be able to facilitate a successful close. Strategically locating
A+ sites for national tenants is paramount.” said Kroot.

This Starbucks building is approximately 1,850 SF on approximately 23,000 SF of land with a drive-thru.

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