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| Price $2,041,076 $2,135,385 | Built/Renov 2023 | Tenant Starbucks |
| Cap Rate 6.80% 6.50% | Lease Type
NN+ | Guarantor Corp T and Rated |
| Size/SF
2,365
| Lease Start
06-30-2023
| #Units
38,038
|
| Price/SF $863.03 $902.91 | Expiration
06-30-2033
| Tenant Type Fast Food/QSR |
| NOI $138,800 | R. Term 8.6 | Ownership Fee Simple |
| Rent/SF
$58.69
| Increases 10.0%/5/yrs | Pop 5Mi 16,073 |
| Lot/AC 0.74 | Options 6/5yrs/10% | AHHI 5Mi $57,055 |
| | |
Starbucks is strategically located on N Duncan Bypass, with access to 13,594 vehicles passing by daily. The property is situated adjacent to the Union County Fairgrounds, a hub for community events and festivals. The immediate area boasts well-known national tenants, including Walmart Supercenter, Tractor Supply Co., McDonald's, Subway, Wendy's, Bojangles, and more. Additionally, the site is...
...New construction
Roof guarantee
Near major nationals
Shopping Ctr out-parcel
Hospital close
Top 100 MSA
Favorable NN+ 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 | |
| 2029 Total Population : | 2,175 | 11,668 | 15,302 |
| 2024 Total Population : | 2,231 | 11,970 | 15,681 |
| 2024 Employed Civilian Pop : | 955 | 4,935 | 6,463 |
| 2024 Total Businesses : | 181 | 515 | 562 |
| 2024 Average Household Income : | $ 68,193 | $ 57,694 | $ 57,512 |
| 2024 Total Consumer Spending : | $ 61 M | $ 268 M | $ 350 M |
| 2024 Median Age : | 41 | 43 | 44 |
| 2024 Total Households : | 996 | 5,111 | 6,697 |
| 2024 Pop Age 25+: Bachelor's Degree : | 119 | 1,106 | 1,399 |
| 2024 Average Home Value : | $ 161,169 | $ 149,341 | $ 155,169 |
Sugar Land, TX
Cap Rate 6.15%
Lease Abs NNN
R. Term 19.20 yrs
Size/SF 830
Shreveport,
Cap Rate 6.25%
Lease Abs NNN
R. Term 15.10 yrs
Size/SF 800
Aberdeen, SD
Cap Rate 6.00%
Lease Abs NNN
R. Term 13.10 yrs
Size/SF 3,530
Stillwater, OK
Cap Rate 5.50%
Lease Abs NNN
R. Term 14.10 yrs
Size/SF 981
Midland, TX
Cap Rate 6.00%
Lease Abs NNN
R. Term 14.30 yrs
Size/SF 510
Orlando, FL
Cap Rate 7.00%
Lease Abs NNN
R. Term 8.30 yrs
Size/SF 4,242
Plano, TX
Cap Rate 6.00%
Lease Abs NNN
R. Term 15.20 yrs
Size/SF 3,095
Memphis, TN
Cap Rate 6.00%
Lease Abs NNN
R. Term 14.20 yrs
Size/SF 669
Houston, TX
Cap Rate 6.00%
Lease Abs NNN
R. Term 4.90 yrs
Size/SF 2,419
Berlin, WI
Cap Rate 6.00%
Lease Abs NNN
R. Term 19.80 yrs
Size/SF 2,400
Carnegie, PA
Cap Rate 5.50%
Lease Abs NNN
R. Term 15.00 yrs
Size/SF 1,657
Houston, TX
Cap Rate 5.50%
Lease Abs NNN
R. Term 8.80 yrs
Size/SF 2,573
Oklahoma City, OK
Cap Rate 6.25%
Lease Abs NNN
R. Term 20.00 yrs
Size/SF 780
Beech Grove, IN
Cap Rate 5.75%
Lease Abs NNN
R. Term 15.20 yrs
Size/SF 2,100
Abbeville, LA
Cap Rate 5.52%
Lease Abs NNN
R. Term 15.20 yrs
Size/SF 3,147
Indianapolis, IN
Cap Rate 5.75%
Lease Abs NNN
R. Term 15.20 yrs
Size/SF 2,100
Jenison, MI
Cap Rate 5.50%
Lease Abs NNN
R. Term 14.90 yrs
Size/SF 2,357
Jonesboro, GA
Cap Rate 6.50%
Lease Abs NNN
R. Term 15.20 yrs
Size/SF 3,933
Sparta, NJ
Cap Rate 6.00%
Lease Abs NNN
R. Term 8.90 yrs
Size/SF 3,046
Clinton, MS
Cap Rate 6.50%
Lease Abs NNN
R. Term 19.30 yrs
Size/SF 510
Ellenwood, GA
Cap Rate 5.85%
Lease Abs NNN
R. Term 14.10 yrs
Size/SF 4,604
Fairburn, GA
Cap Rate 6.50%
Lease Abs NNN
R. Term 15.20 yrs
Size/SF 2,460
Flowood, MS
Cap Rate 6.50%
Lease Abs NNN
R. Term 18.90 yrs
Size/SF 510
Montgomery, AL
Cap Rate 5.85%
Lease Abs NNN
R. Term 14.10 yrs
Size/SF 4,122
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
