River Crossing Retail Center Starbucks
2,425 SF | 4-Star Retail Building | Saint George, UT 84790 | $3,180,000 ($1,311/SF) | 4.50% Cap Rate
For Sale
Active
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
Asking Price $3,180,000
- Property Type
-
Retail, Restaurant
- Square Feet
- 2,425 SF
- Price / Square Foot
- $1,311
Listing Contacts
Roy Barker
Verified Profile
Neil Walter
Verified Profile
- Property Info
Property Overview
Co-tenants Include: Sprouts Farmers Market, McDonalds, Kiln, J. Dawgs, Cyprus Credit Union, Village Baker, Thrive Drip Spa.
Starbucks Corporation, established in 1971 in Seattle, Washington, began as a single coffee bean store and has since grown into one of the most iconic coffeehouse chains worldwide. Founded by Jerry Baldwin, Zev Siegl, and Gordon Bowker, Starbucks aimed to bring high-quality coffee to a broader audience. Howard Schultz, who joined the company in the early 1980s, played a pivotal role in transforming Starbucks into a global brand. Under his leadership, Starbucks introduced the Italian coffeehouse culture to America, emphasizing not just coffee but also the experience of enjoying a well-crafted beverage in a welcoming environment. Today, Starbucks operates over 34,000 locations in more than 80 countries, making it one of the largest and most widespread coffeehouse chains in the world. Its extensive menu includes a variety of coffee beverages, teas, snacks, and merchandise, catering to diverse tastes and preferences. The company
continues to innovate, introducing new products and seasonal offerings to keep customers engaged and satisfied. This expansive footprint and constant innovation underscore Starbucks’ commitment to growth and its ability to adapt to changing consumer trends.
Starbucks’ financial stability and credit quality are reflected in its strong credit ratings and consistent financial performance. The company’s robust revenue streams, strategic expansions, and operational efficiency contribute to its reputation as a reliable and attractive tenant for commercial real estate investors. As Starbucks continues to grow and evolve, it remains a cornerstone of the global coffee industry, synonymous with quality, innovation, and exceptional customer experience
Starbucks Corporation, established in 1971 in Seattle, Washington, began as a single coffee bean store and has since grown into one of the most iconic coffeehouse chains worldwide. Founded by Jerry Baldwin, Zev Siegl, and Gordon Bowker, Starbucks aimed to bring high-quality coffee to a broader audience. Howard Schultz, who joined the company in the early 1980s, played a pivotal role in transforming Starbucks into a global brand. Under his leadership, Starbucks introduced the Italian coffeehouse culture to America, emphasizing not just coffee but also the experience of enjoying a well-crafted beverage in a welcoming environment. Today, Starbucks operates over 34,000 locations in more than 80 countries, making it one of the largest and most widespread coffeehouse chains in the world. Its extensive menu includes a variety of coffee beverages, teas, snacks, and merchandise, catering to diverse tastes and preferences. The company
continues to innovate, introducing new products and seasonal offerings to keep customers engaged and satisfied. This expansive footprint and constant innovation underscore Starbucks’ commitment to growth and its ability to adapt to changing consumer trends.
Starbucks’ financial stability and credit quality are reflected in its strong credit ratings and consistent financial performance. The company’s robust revenue streams, strategic expansions, and operational efficiency contribute to its reputation as a reliable and attractive tenant for commercial real estate investors. As Starbucks continues to grow and evolve, it remains a cornerstone of the global coffee industry, synonymous with quality, innovation, and exceptional customer experience
Property Details
- Class
- B
- Year Built
- 2024
- Stories
- 1
- Lot Size (sq. ft)
- 43,560 SF
Highlights
- River Road location with strong traffic and demographics
- High visibility area
- Minutes to Dixie Regional Medical Center
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