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| Price $2,786,087 | Built/Renov 2023 | Tenant Starbucks |
| Cap Rate 5.75% | Lease Type
Double NN | Guarantor Corp T and Rated |
| Size/SF
2,225
| Lease Start
07-14-2023
| #Units
38,038
|
| Price/SF $1,252.17 | Expiration
07-31-2033
| Tenant Type Fast Food/QSR |
| NOI $160,200 | R. Term 8.8 | Ownership Fee Simple |
| Rent/SF
$72.00
| Increases 7.5%/4/yrs | Pop 5Mi 166,268 |
| Lot/AC 0.89 | Options 4/5yrs/7.5% | AHHI 5Mi $131,255 |
| | |
Starbucks is strategically located on Publishers Drive, with access to 48,000 vehicles passing by daily. The property is adjacent to a brand-new assisted living facility and is close to the master-planned retail shopping destinations of Hamilton Town Center and Fishers District, which feature various national retailers and high-end luxury shops. The immediate area is surrounded by well-known...
...New construction
Build to suit
Dense retail corridor
Near major nationals
Strategically located
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 : | 8,316 | 78,609 | 178,387 |
| 2024 Total Population : | 8,184 | 75,045 | 168,244 |
| 2024 Employed Civilian Pop : | 4,857 | 41,096 | 90,852 |
| 2024 Total Businesses : | 314 | 2,334 | 5,865 |
| 2024 Average Household Income : | $ 130,571 | $ 141,894 | $ 152,521 |
| 2024 Total Consumer Spending : | $ 378 M | $ 3535 M | $ 8336 M |
| 2024 Median Age : | 36 | 36 | 38 |
| 2024 Total Households : | 3,334 | 28,825 | 63,465 |
| 2024 Pop Age 25+: Bachelor's Degree : | 2,435 | 20,156 | 45,275 |
| 2024 Average Home Value : | $ 341,154 | $ 404,995 | $ 426,239 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| Huntington Ave | E 131st St | 2008 | 43,996 | 0.09 mi |
| E 131st St | Publishers Dr | 2009 | 12,632 | 0.13 mi |
| SR 37 | Mourning Dove Ln | 2021 | 41,233 | 0.17 mi |
| E 131st St | Britton PkRd | 2009 | 7,012 | 0.18 mi |
| East 131st Street | Parkside Dr | 2021 | 4,425 | 0.21 mi |
| East 131st Street | Britton Dr | 2021 | 9,450 | 0.35 mi |
| E 131st St | Britton Dr | 2010 | 7,605 | 0.37 mi |
| E 131st St | E 98th | 2008 | 11,165 | 0.42 mi |
| East 126th Street | Ladson St | 2021 | 19,524 | 0.44 mi |
| Cumberland Road | Overlook Dr | 2021 | 11,699 | 0.46 mi |
Lawrence, KS
Cap Rate 5.65%
Lease Abs NNN
R. Term 14.90 yrs
Size/SF 950
Kansas City, MO
Cap Rate 5.75%
Lease Abs NNN
R. Term 20.10 yrs
Size/SF 3,900
Baker City, OR
Cap Rate 6.00%
Lease Abs NNN
R. Term 20.00 yrs
Size/SF 2,400
Parker, CO
Cap Rate 6.50%
Lease Abs NNN
R. Term 20.10 yrs
Size/SF 624
Quincy, IL
Cap Rate 4.75%
Lease Abs NNN
R. Term 14.90 yrs
Size/SF 3,062
Penitas, TX
Cap Rate 5.50%
Lease Abs NNN
R. Term 19.10 yrs
Size/SF 1,227
Burnsville, MN
Cap Rate 6.50%
Lease Abs NNN
R. Term 19.30 yrs
Size/SF 1,052
Allen, TX
Cap Rate 5.75%
Lease Abs NNN
R. Term 15.00 yrs
Size/SF 5,678
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
Austin, TX
Cap Rate 5.00%
Lease Abs NNN
R. Term 13.40 yrs
Size/SF 890
Fort Worth, TX
Cap Rate 6.00%
Lease Abs NNN
R. Term 15.00 yrs
Size/SF 2,977
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
Haltom City, TX
Cap Rate 6.00%
Lease Abs NNN
R. Term 15.00 yrs
Size/SF 2,995
Montgomery, AL
Cap Rate 6.00%
Lease Abs NNN
R. Term 14.10 yrs
Size/SF 3,057
Lake Worth, TX
Cap Rate 5.94%
Lease Abs NNN
R. Term 15.00 yrs
Size/SF 3,290
Columbia, SC
Cap Rate 6.50%
Lease Abs NNN
R. Term 18.11 yrs
Size/SF 530
Roxboro, NC
Cap Rate 6.25%
Lease Abs NNN
R. Term 12.10 yrs
Size/SF 3,230
North Richland Hills, TX
Cap Rate 6.00%
Lease Abs NNN
R. Term 15.00 yrs
Size/SF 2,142
Cameron, NC
Cap Rate 6.00%
Lease Abs NNN
R. Term 15.00 yrs
Size/SF 1,990
Columbia, SC
Cap Rate 6.50%
Lease Abs NNN
R. Term 18.10 yrs
Size/SF 530
Port Charlotte, FL
Cap Rate 5.00%
Lease Abs NNN
R. Term 19.50 yrs
Size/SF 2,370
Rockmart, GA
Cap Rate 5.50%
Lease Abs NNN
R. Term 19.10 yrs
Size/SF 2,000
Augusta, GA
Cap Rate 6.50%
Lease Abs NNN
R. Term 18.70 yrs
Size/SF 400
Hilton Head Island, SC
Cap Rate 6.50%
Lease Abs NNN
R. Term 14.90 yrs
Size/SF 1,335
Tucson, AZ
Cap Rate 5.35%
Lease Abs NNN
R. Term 15.10 yrs
Size/SF 828
Jacksonville, FL
Cap Rate 5.00%
Lease Abs NNN
R. Term 20.20 yrs
Size/SF 950
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
