Sold Subscription Required
| Price $4,059,000 | Built/Renov 2024 | Tenant Starbucks |
| Cap Rate 5.15% | Lease Type
Double NN | Guarantor Corp T and Rated |
| Size/SF
2,710
| Lease Start
10-01-2024
| #Units
38,038
|
| Price/SF $1,497.79 | Expiration
10-01-2034
| Tenant Type Fast Food/QSR |
| NOI $209,063 | R. Term 9.9 | Ownership Fee Simple |
| Rent/SF
$77.15
| Increases 10.0%/5/yrs | Pop 5Mi 68,658 |
| Lot/AC 1.20 | Options 6/5yrs/10% | AHHI 5Mi $82,934 |
| | |
Starbucks is strategically located at the hard corner intersection of East International Speedway Boulevard and North Alabama Avenue, with access to a combined daily traffic count of 31,000 vehicles. The property is less than 1.5 miles from Stetson University and directly across from the Publix-anchored Northgate Shopping Center, which includes well-known national tenants such as Truist,...
...New construction
Hard corner intersection
Near major nationals
University college close
Top 100 MSA
Income tax free state
Brand new lease
Long 10+ yr lease
Traded and rated company
Investment grade tenant
Starbucks Corporation (NASDAQ: SBUX) is the leading roaster, retailer, and marketer of specialty coffee in the world. In addition to drinks and food, many stores carry Starbucks' official...
| 1 Miles | 3 Miles | 5 Miles | |
| 2029 Total Population : | 4,953 | 45,359 | 73,371 |
| 2024 Total Population : | 4,766 | 44,130 | 69,849 |
| 2024 Employed Civilian Pop : | 1,915 | 19,686 | 31,133 |
| 2024 Total Businesses : | 463 | 2,392 | 3,099 |
| 2024 Average Household Income : | $ 87,030 | $ 92,876 | $ 97,545 |
| 2024 Total Consumer Spending : | $ 155 M | $ 1415 M | $ 2385 M |
| 2024 Median Age : | 44 | 43 | 45 |
| 2024 Total Households : | 2,024 | 17,241 | 27,763 |
| 2024 Pop Age 25+: Bachelor's Degree : | 610 | 5,499 | 9,481 |
| 2024 Average Home Value : | $ 514,354 | $ 374,062 | $ 378,754 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| E International Speedway Blvd | N Amelia Ave | 2007 | 31,000 | 0.05 mi |
| E International Speedway Blvd | N Amelia Ave | 2003 | 27,000 | 0.15 mi |
| N Woodland Blvd | E Rosehill Ave | 2008 | 26,500 | 0.17 mi |
| N Amelia Ave | Valencia Ct | 2008 | 7,710 | 0.21 mi |
| N Woodland Blvd | Old Daytona Rd | 2012 | 27,500 | 0.22 mi |
| E Kentucky Ave | N Alabama Ave | 2012 | 1,300 | 0.29 mi |
| W International Speedway Blvd | International Speedway Blvd | 2011 | 14,370 | 0.30 mi |
| North Amelia Avenue | N Amelia Ave | 2022 | 1,350 | 0.31 mi |
| N Garfield Ave | E Rosehill Ave | 2007 | 2,150 | 0.34 mi |
| Old Daytona Road | Patterson Ave | 2022 | 5,200 | 0.37 mi |
Redding, CA
Cap Rate 5.35%
Lease Abs NNN
R. Term 15.60 yrs
Size/SF 3,520
Clifton Park, NY
Cap Rate 5.75%
Lease Abs NNN
R. Term 13.90 yrs
Size/SF 3,692
Grass Valley, CA
Cap Rate 5.50%
Lease Abs NNN
R. Term 13.10 yrs
Size/SF 2,815
Taylor, MI
Cap Rate 4.55%
Lease Abs NNN
R. Term 14.10 yrs
Size/SF 4,995
Rialto, CA
Cap Rate 4.70%
Lease Abs NNN
R. Term 13.90 yrs
Size/SF 2,224
Cartersville, GA
Cap Rate 5.75%
Lease Abs NNN
R. Term 15.00 yrs
Size/SF 2,092
Azle, TX
Cap Rate 6.00%
Lease Abs NNN
R. Term 15.00 yrs
Size/SF 3,249
Phoenix, AZ
Cap Rate 4.15%
Lease Abs NNN
R. Term 16.10 yrs
Size/SF 2,413
Fort Worth, TX
Cap Rate 6.00%
Lease Abs NNN
R. Term 15.80 yrs
Size/SF 3,236
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
.jpg)
.jpg){kind=link}
