Marcus & Millichap Real Estate Investment Services, the nation’s largest real estate investment services firm, has announced the sale of Starbucks, a 800-square foot net-leased property located in Mesa, AZ, according to Don Morrow, regional manager of the firm’s Phoenix office. The asset sold for $1,415,000.
Mark Ruble and Jamie Medress, investment specialists in Marcus & Millichap’s Phoenix office, had the exclusive listing to market the property on behalf of the seller, a limited liability company.
Starbucks is located at 2010 West Guadalupe Road in Mesa, AZ. This is a drive-thru location only with no interior seating. Starbucks is the largest coffeehouse company in the world, with 18,000 stores in 60 countries.