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| Price $2,640,000 | Built/Renov 2024 | Tenant Starbucks |
| Cap Rate 6.15% | Lease Type
NN+ | Guarantor Corp T and Rated |
| Size/SF
2,312
| Lease Start
11-15-2024
| #Units
38,038
|
| Price/SF $1,141.87 | Expiration
02-28-2037
| Tenant Type Fast Food/QSR |
| NOI $162,440 | R. Term 12.2 | Ownership Fee Simple |
| Rent/SF
$70.26
| Increases 8.0%/8/yrs | Pop 5Mi 95,478 |
| Lot/AC 0.59 | Options 4/5yrs/7.5% | AHHI 5Mi $109,342 |
| | |
Starbucks is strategically located on SW 7 Highway, with access to 29,000 vehicles passing by daily. The property is surrounded by well-known national tenants including Subway, Walgreens, Dollar General, Casey's, McDonald's, and more, with future developments adjacent. Key community institutions in the vicinity include Blue Springs High School, Metropolitan Community College - Blue River,...
...New construction
Build to suit
Dense retail corridor
Near major nationals
Top 100 MSA
Strong demographics
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 : | 11,794 | 42,830 | 95,042 |
| 2024 Total Population : | 11,585 | 42,540 | 93,955 |
| 2024 Employed Civilian Pop : | 5,937 | 22,461 | 51,045 |
| 2024 Total Businesses : | 145 | 1,397 | 2,707 |
| 2024 Average Household Income : | $ 105,094 | $ 103,763 | $ 113,978 |
| 2024 Total Consumer Spending : | $ 388 M | $ 1458 M | $ 3478 M |
| 2024 Median Age : | 37 | 37 | 39 |
| 2024 Total Households : | 4,241 | 16,098 | 35,069 |
| 2024 Pop Age 25+: Bachelor's Degree : | 1,511 | 5,827 | 15,033 |
| 2024 Average Home Value : | $ 308,564 | $ 319,819 | $ 333,260 |
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
Fort Worth, TX
Cap Rate 6.00%
Lease Abs NNN
R. Term 15.00 yrs
Size/SF 2,977
Parker, CO
Cap Rate 6.50%
Lease Abs NNN
R. Term 19.80 yrs
Size/SF 624
Haltom City, TX
Cap Rate 6.00%
Lease Abs NNN
R. Term 15.00 yrs
Size/SF 2,995
Kansas City, MO
Cap Rate 5.75%
Lease Abs NNN
R. Term 20.10 yrs
Size/SF 3,900
Tucson, AZ
Cap Rate 5.50%
Lease Abs NNN
R. Term 14.11 yrs
Size/SF 828
Baker City, OR
Cap Rate 6.00%
Lease Abs NNN
R. Term 20.00 yrs
Size/SF 2,400
Lake Worth, TX
Cap Rate 5.94%
Lease Abs NNN
R. Term 15.00 yrs
Size/SF 3,290
Sevierville, TN
Cap Rate 5.15%
Lease Abs NNN
R. Term 18.40 yrs
Size/SF 959
Fort Worth, TX
Cap Rate 5.50%
Lease Abs NNN
R. Term 8.10 yrs
Size/SF 1,904
North Richland Hills, TX
Cap Rate 6.00%
Lease Abs NNN
R. Term 15.00 yrs
Size/SF 2,142
Hilton Head Island, SC
Cap Rate 6.50%
Lease Abs NNN
R. Term 14.90 yrs
Size/SF 1,335
Burnsville, MN
Cap Rate 6.50%
Lease Abs NNN
R. Term 19.20 yrs
Size/SF 1,052
Augusta, GA
Cap Rate 6.50%
Lease Abs NNN
R. Term 18.80 yrs
Size/SF 530
Strongsville, OH
Cap Rate 5.25%
Lease Abs NNN
R. Term 14.90 yrs
Size/SF 1,860
Cameron, NC
Cap Rate 6.00%
Lease Abs NNN
R. Term 14.90 yrs
Size/SF 1,990
Visalia, CA
Cap Rate 5.50%
Lease Abs NNN
R. Term 4.50 yrs
Size/SF 3,016
Penitas, TX
Cap Rate 5.50%
Lease Abs NNN
R. Term 19.10 yrs
Size/SF 1,227
Columbia, SC
Cap Rate 6.50%
Lease Abs NNN
R. Term 18.11 yrs
Size/SF 530
Oak Creek, WI
Cap Rate 5.53%
Lease Abs NNN
R. Term 12.00 yrs
Size/SF 1,829
Augusta, GA
Cap Rate 6.50%
Lease Abs NNN
R. Term 18.70 yrs
Size/SF 400
Hendersonville, TN
Cap Rate 5.20%
Lease Abs NNN
R. Term 14.80 yrs
Size/SF 950
Snellville, GA
Cap Rate 5.85%
Lease Abs NNN
R. Term 14.10 yrs
Size/SF 4,481
Baton Rouge, LA
Cap Rate 7.00%
Lease Abs NNN
R. Term 13.20 yrs
Size/SF 510
Allen, TX
Cap Rate 5.75%
Lease Abs NNN
R. Term 15.00 yrs
Size/SF 5,678
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
