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| Price $2,716,000 | Built/Renov 2024 | Tenant Starbucks |
| Cap Rate 6.00% | Lease Type
Double NN | Guarantor Corp T and Rated |
| Size/SF
2,100
| Lease Start
07-01-2024
| #Units
38,038
|
| Price/SF $1,293.33 | Expiration
06-30-2034
| Tenant Type Fast Food/QSR |
| NOI $163,000 | R. Term 9.7 | Ownership Fee Simple |
| Rent/SF
$77.62
| Increases 10.0%/5/yrs | Pop 5Mi 118,651 |
| Lot/AC 0.89 | Options 3/5yrs/10% | AHHI 5Mi $75,135 |
| | |
Starbucks is strategically located on Kidder Street, with access to 12,700 vehicles passing by daily. The property conveniently sits just 1 mile from Exit 170 A & B off Interstate 81, a major interstate highway boasting over 60,400 VPD. The nearby surrounding retailers rank as some of the best performing locations within their respective chains. The Walmart Supercenter in Wilkes-Barre ranks in...
...New construction
Dense retail corridor
Near major nationals
Dense 100M+ pop 5 mi
Major MSA
Brand new lease
Long 10+ yr lease
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 | |
| 2028 Total Population : | 5,243 | 59,058 | 118,736 |
| 2023 Total Population : | 5,211 | 58,883 | 118,339 |
| 2023 Employed Civilian Pop : | 2,691 | 27,519 | 56,657 |
| 2023 Total Businesses : | 591 | 3,348 | 5,407 |
| 2023 Average Household Income : | $ 71,582 | $ 72,362 | $ 75,078 |
| 2023 Total Consumer Spending : | $ 141 M | $ 1573 M | $ 3363 M |
| 2023 Median Age : | 45 | 42 | 44 |
| 2023 Total Households : | 2,230 | 24,675 | 50,919 |
| 2023 Pop Age 25+: Bachelor's Degree : | 447 | 6,614 | 14,341 |
| 2023 Average Home Value : | $ 135,776 | $ 162,328 | $ 172,748 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| Kidder Street | Kidder St | 2019 | 5,692 | 0.24 mi |
| Kidder St | State Hwy309 Bus | 2019 | 12,599 | 0.27 mi |
| Kidder Street | State Hwy309 Bus | 2019 | 12,707 | 0.28 mi |
| Kidder Street | Wyoming Valley Mall | 2021 | 12,374 | 0.28 mi |
| State Hwy309 Bus | 2022 | 8,265 | 0.29 mi | |
| Mundy St | Commerce Blvd | 2019 | 8,877 | 0.34 mi |
| N Cross Valley Expy | State Hwy309 Bus | 2017 | 34,341 | 0.35 mi |
| North Cross Valley Expressway | Scott St | 2022 | 29,323 | 0.36 mi |
| North Cross Valley Expressway | State Hwy315 | 2022 | 26,833 | 0.37 mi |
| Mundy Street | Commerce Blvd | 2022 | 7,343 | 0.37 mi |
Tempe, AZ
Cap Rate 5.25%
Lease Abs NNN
R. Term 15.00 yrs
Size/SF 1,575
Lawrence, KS
Cap Rate 5.65%
Lease Abs NNN
R. Term 14.90 yrs
Size/SF 950
Columbia, SC
Cap Rate 6.50%
Lease Abs NNN
R. Term 18.11 yrs
Size/SF 530
Hendersonville, TN
Cap Rate 5.20%
Lease Abs NNN
R. Term 14.80 yrs
Size/SF 950
Augusta, GA
Cap Rate 6.50%
Lease Abs NNN
R. Term 18.70 yrs
Size/SF 400
Visalia, CA
Cap Rate 5.50%
Lease Abs NNN
R. Term 4.50 yrs
Size/SF 3,016
Port Charlotte, FL
Cap Rate 5.00%
Lease Abs NNN
R. Term 19.50 yrs
Size/SF 2,370
Burnsville, MN
Cap Rate 6.50%
Lease Abs NNN
R. Term 19.30 yrs
Size/SF 1,052
Tucson, AZ
Cap Rate 5.35%
Lease Abs NNN
R. Term 15.10 yrs
Size/SF 828
Sevierville, TN
Cap Rate 5.15%
Lease Abs NNN
R. Term 18.50 yrs
Size/SF 959
Strongsville, OH
Cap Rate 5.25%
Lease Abs NNN
R. Term 14.90 yrs
Size/SF 1,860
Allen, TX
Cap Rate 5.75%
Lease Abs NNN
R. Term 15.00 yrs
Size/SF 5,678
Austin, TX
Cap Rate 5.00%
Lease Abs NNN
R. Term 13.40 yrs
Size/SF 890
North Richland Hills, TX
Cap Rate 5.00%
Lease Abs NNN
R. Term 13.10 yrs
Size/SF 2,800
Fort Worth, TX
Cap Rate 6.00%
Lease Abs NNN
R. Term 15.00 yrs
Size/SF 2,977
Snellville, GA
Cap Rate 5.85%
Lease Abs NNN
R. Term 14.10 yrs
Size/SF 4,481
Penitas, TX
Cap Rate 5.50%
Lease Abs NNN
R. Term 19.10 yrs
Size/SF 1,227
Baker City, OR
Cap Rate 6.00%
Lease Abs NNN
R. Term 20.00 yrs
Size/SF 2,400
Haltom City, TX
Cap Rate 6.00%
Lease Abs NNN
R. Term 15.00 yrs
Size/SF 2,995
Parker, CO
Cap Rate 6.50%
Lease Abs NNN
R. Term 20.10 yrs
Size/SF 624
Cameron, NC
Cap Rate 6.00%
Lease Abs NNN
R. Term 15.00 yrs
Size/SF 1,990
Jacksonville, FL
Cap Rate 5.00%
Lease Abs NNN
R. Term 20.20 yrs
Size/SF 950
Lake Worth, TX
Cap Rate 5.94%
Lease Abs NNN
R. Term 15.00 yrs
Size/SF 3,290
Baton Rouge, LA
Cap Rate 7.00%
Lease Abs NNN
R. Term 13.20 yrs
Size/SF 510
Kansas City, MO
Cap Rate 5.75%
Lease Abs NNN
R. Term 20.10 yrs
Size/SF 3,900
North Richland Hills, TX
Cap Rate 6.00%
Lease Abs NNN
R. Term 15.00 yrs
Size/SF 2,142
Augusta, GA
Cap Rate 6.50%
Lease Abs NNN
R. Term 18.80 yrs
Size/SF 530
Hilton Head Island, SC
Cap Rate 6.50%
Lease Abs NNN
R. Term 14.90 yrs
Size/SF 1,335
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
