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| Price $2,282,051 | Built/Renov 2022 | Tenant Starbucks |
| Cap Rate 5.85% | Lease Type
Double NN | Guarantor Corp T and Rated |
| Size/SF
2,225
| Lease Start
11-10-2022
| #Units
38,038
|
| Price/SF $1,025.64 | Expiration
02-28-2033
| Tenant Type Fast Food/QSR |
| NOI $133,500 | R. Term 8.3 | Ownership Fee Simple |
| Rent/SF
$60.00
| Increases 7.5%/3/yrs | Pop 5Mi 105,065 |
| Lot/AC 0.90 | Options 4/5yrs/7.5% | AHHI 5Mi $52,457 |
| | |
Starbucks is strategically located on North Southtown Crossing, with access to 10,000 vehicles passing by daily. The property occupies a prominent location along U.S. Hwy 27, serving as an outparcel to Menards and Walmart Supercenter. Additionally, a new Culver’s restaurant is slated for construction and is expected to be completed by 2026. This prime location is further enhanced by its...
...New construction
Build to suit
Dense retail corridor
Near major nationals
WalMart out-parcel
Dense 100M+ pop 5 mi
Major MSA
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 : | 8,155 | 58,242 | 101,847 |
| 2024 Total Population : | 7,845 | 57,167 | 99,588 |
| 2024 Employed Civilian Pop : | 3,322 | 24,742 | 44,649 |
| 2024 Total Businesses : | 151 | 920 | 3,646 |
| 2024 Average Household Income : | $ 45,853 | $ 62,734 | $ 63,016 |
| 2024 Total Consumer Spending : | $ 139 M | $ 1216 M | $ 2235 M |
| 2024 Median Age : | 32 | 33 | 34 |
| 2024 Total Households : | 3,355 | 21,640 | 39,626 |
| 2024 Pop Age 25+: Bachelor's Degree : | 268 | 4,394 | 8,315 |
| 2024 Average Home Value : | $ 190,545 | $ 191,974 | $ 192,588 |
San Antonio, TX
Cap Rate 5.25%
Lease Abs NNN
R. Term 14.20 yrs
Size/SF 950
Jacksonville, FL
Cap Rate 4.85%
Lease Abs NNN
R. Term 19.80 yrs
Size/SF 1,708
Lubbock, TX
Cap Rate 5.40%
Lease Abs NNN
R. Term 13.80 yrs
Size/SF 950
Delray Beach, FL
Cap Rate 4.85%
Lease Abs NNN
R. Term 9.10 yrs
Size/SF 724
Tempe, AZ
Cap Rate 5.25%
Lease Abs NNN
R. Term 15.00 yrs
Size/SF 1,575
Jonesboro, GA
Cap Rate 6.50%
Lease Abs NNN
R. Term 15.20 yrs
Size/SF 3,933
Allen Park, MI
Cap Rate 5.25%
Lease Abs NNN
R. Term 3.11 yrs
Size/SF 4,488
Sevierville, TN
Cap Rate 5.15%
Lease Abs NNN
R. Term 18.50 yrs
Size/SF 959
Haines City, FL
Cap Rate 5.00%
Lease Abs NNN
R. Term 5.00 yrs
Size/SF 2,500
Abbeville, LA
Cap Rate 5.52%
Lease Abs NNN
R. Term 15.20 yrs
Size/SF 3,147
Fairburn, GA
Cap Rate 6.50%
Lease Abs NNN
R. Term 15.20 yrs
Size/SF 2,460
St. Augustine, FL
Cap Rate 4.85%
Lease Abs NNN
R. Term 19.50 yrs
Size/SF 950
Visalia, CA
Cap Rate 5.50%
Lease Abs NNN
R. Term 4.50 yrs
Size/SF 3,016
Las Vegas, NV
Cap Rate 5.25%
Lease Abs NNN
R. Term 20.00 yrs
Size/SF 573
Lagrangeville, NY
Cap Rate 5.10%
Lease NN+
R. Term 29.11 yrs
Size/SF 3,000
Nashville, TN
Cap Rate 5.00%
Lease Abs NNN
R. Term 14.40 yrs
Size/SF 950
Jenison, MI
Cap Rate 5.50%
Lease Abs NNN
R. Term 14.90 yrs
Size/SF 2,357
Daytona Beach, FL
Cap Rate 4.85%
Lease Abs NNN
R. Term 19.50 yrs
Size/SF 950
Morristown, TN
Cap Rate 5.15%
Lease Abs NNN
R. Term 19.10 yrs
Size/SF 990
Berlin, WI
Cap Rate 6.00%
Lease Abs NNN
R. Term 19.80 yrs
Size/SF 2,400
Clermont, FL
Cap Rate 5.00%
Lease Abs NNN
R. Term 14.50 yrs
Size/SF 950
Plano, TX
Cap Rate 6.00%
Lease Abs NNN
R. Term 15.20 yrs
Size/SF 3,095
East Liverpool, OH
Cap Rate 5.00%
Lease Abs NNN
R. Term 15.80 yrs
Size/SF 5,062
Shreveport,
Cap Rate 6.25%
Lease Abs NNN
R. Term 15.10 yrs
Size/SF 800
Oklahoma City, OK
Cap Rate 6.25%
Lease Abs NNN
R. Term 20.20 yrs
Size/SF 780
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
Sparta, NJ
Cap Rate 6.00%
Lease Abs NNN
R. Term 8.90 yrs
Size/SF 3,046
Kansas City, MO
Cap Rate 5.30%
Lease Abs NNN
R. Term 14.80 yrs
Size/SF 950
Beech Grove, IN
Cap Rate 5.75%
Lease Abs NNN
R. Term 15.20 yrs
Size/SF 2,100
North Richland Hills, TX
Cap Rate 5.00%
Lease Abs NNN
R. Term 13.10 yrs
Size/SF 2,800
Oak Creek, WI
Cap Rate 5.53%
Lease Abs NNN
R. Term 12.10 yrs
Size/SF 1,829
Indianapolis, IN
Cap Rate 5.75%
Lease Abs NNN
R. Term 15.20 yrs
Size/SF 2,100
Fort Worth, TX
Cap Rate 5.50%
Lease Abs NNN
R. Term 8.10 yrs
Size/SF 1,904
Burlington, NJ
Cap Rate 5.10%
Lease Abs NNN
R. Term 18.10 yrs
Size/SF 2,518
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
