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| Price $2,921,530 | Built/Renov 2023 | Tenant Starbucks |
| Cap Rate 5.75% | Lease Type
Double NN | Guarantor Corp T and Rated |
| Size/SF
2,225
| Lease Start
08-15-2023
| #Units
38,038
|
| Price/SF $1,313.05 | Expiration
02-28-2034
| Tenant Type Fast Food/QSR |
| NOI $167,988 | R. Term 9.3 | Ownership Fee Simple |
| Rent/SF
$75.50
| Increases 7.5%/5/yrs | Pop 5Mi 129,673 |
| Lot/AC 0.92 | Options 4/5yrs/7.5% | AHHI 5Mi $158,251 |
| | |
Starbucks is strategically located on Herriman Boulevard, with access to a robust daily traffic count of 80,000 vehicles. The property is adjacent to the new Costco and Crunch Fitness centers and is in proximity to the master-planned retail shopping destinations of Hamilton Town Center and Fishers District. Additionally, a brand-new roundabout interchange is under construction just 1 mile west...
...New construction
Build to suit
High traffic 50M+ VPD
Dense retail corridor
Freeway visibility
Top 100 MSA
Strong demographics
Traded and rated company
Corporate Guarantee
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 : | 9,087 | 65,836 | 171,030 |
| 2024 Total Population : | 8,961 | 62,758 | 161,099 |
| 2024 Employed Civilian Pop : | 5,443 | 33,970 | 85,103 |
| 2024 Total Businesses : | 439 | 1,982 | 5,330 |
| 2024 Average Household Income : | $ 131,048 | $ 137,269 | $ 150,378 |
| 2024 Total Consumer Spending : | $ 415 M | $ 2831 M | $ 7778 M |
| 2024 Median Age : | 36 | 36 | 38 |
| 2024 Total Households : | 3,652 | 23,806 | 60,012 |
| 2024 Pop Age 25+: Bachelor's Degree : | 2,194 | 15,538 | 42,126 |
| 2024 Average Home Value : | $ 362,816 | $ 402,816 | $ 431,145 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| East 146th Street | Wellington Ct | 2021 | 23,452 | 0.11 mi |
| East 146th Street | Herriman Blvd | 2021 | 23,452 | 0.13 mi |
| E 146th St | Herriman Blvd | 2017 | 24,713 | 0.13 mi |
| Huntington Ave | E 146th St | 2017 | 37,424 | 0.13 mi |
| East 146th Street | Huntington Ave | 2021 | 23,352 | 0.16 mi |
| IN-37 | Technology Dr | 2021 | 35,513 | 0.18 mi |
| East 146th Street | E 98th | 2021 | 23,352 | 0.31 mi |
| E 146th St | Saville Pl | 2013 | 41,575 | 0.38 mi |
| E 146th St | Saville Rd | 2018 | 21,750 | 0.41 mi |
| East 146th Street | E 98th | 2018 | 24,707 | 0.44 mi |
Lawrence, KS
Cap Rate 5.65%
Lease Abs NNN
R. Term 14.90 yrs
Size/SF 950
Rockmart, GA
Cap Rate 5.50%
Lease Abs NNN
R. Term 19.10 yrs
Size/SF 2,000
Haltom City, TX
Cap Rate 6.00%
Lease Abs NNN
R. Term 15.00 yrs
Size/SF 2,995
Jacksonville, FL
Cap Rate 5.00%
Lease Abs NNN
R. Term 20.20 yrs
Size/SF 950
Augusta, GA
Cap Rate 6.50%
Lease Abs NNN
R. Term 18.80 yrs
Size/SF 530
Quincy, IL
Cap Rate 4.75%
Lease Abs NNN
R. Term 14.90 yrs
Size/SF 3,062
Tucson, AZ
Cap Rate 5.35%
Lease Abs NNN
R. Term 15.10 yrs
Size/SF 828
Lake Worth, TX
Cap Rate 5.94%
Lease Abs NNN
R. Term 15.00 yrs
Size/SF 3,290
Fort Worth, TX
Cap Rate 5.15%
Lease Abs NNN
R. Term 15.10 yrs
Size/SF 3,153
Columbia, SC
Cap Rate 6.50%
Lease Abs NNN
R. Term 18.11 yrs
Size/SF 530
Sherman, TX
Cap Rate 6.00%
Lease Abs NNN
R. Term 15.00 yrs
Size/SF 2,518
Kansas City, MO
Cap Rate 5.75%
Lease Abs NNN
R. Term 20.10 yrs
Size/SF 3,900
Columbia, SC
Cap Rate 6.50%
Lease Abs NNN
R. Term 18.10 yrs
Size/SF 530
Augusta, GA
Cap Rate 6.50%
Lease Abs NNN
R. Term 18.70 yrs
Size/SF 400
Burnsville, MN
Cap Rate 6.50%
Lease Abs NNN
R. Term 19.30 yrs
Size/SF 1,052
Montgomery, AL
Cap Rate 6.00%
Lease Abs NNN
R. Term 14.10 yrs
Size/SF 3,057
South Jordan, UT
Cap Rate 4.95%
Lease Abs NNN
R. Term 10.30 yrs
Size/SF 3,860
Hendersonville, TN
Cap Rate 5.20%
Lease Abs NNN
R. Term 14.80 yrs
Size/SF 950
Roxboro, NC
Cap Rate 6.25%
Lease Abs NNN
R. Term 12.10 yrs
Size/SF 3,230
Cameron, NC
Cap Rate 6.00%
Lease Abs NNN
R. Term 15.00 yrs
Size/SF 1,990
Allen, TX
Cap Rate 5.75%
Lease Abs NNN
R. Term 15.00 yrs
Size/SF 5,678
Fort Worth, TX
Cap Rate 6.00%
Lease Abs NNN
R. Term 15.00 yrs
Size/SF 2,977
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
