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| Price $2,656,000 | Built/Renov 2022 | Tenant Starbucks |
| Cap Rate 6.00% | Lease Type
Double NN | Guarantor Corp T and Rated |
| Size/SF
2,500
| Lease Start
10-01-2022
| #Units
38,038
|
| Price/SF $1,062.40 | Expiration
09-30-2037
| Tenant Type Fast Food/QSR |
| NOI $159,376 | R. Term 12.10 | Ownership Fee Simple |
| Rent/SF
$63.75
| Increases 10.0%/3/yrs | Pop 5Mi 20,103 |
| Lot/AC 1.42 | Options 6/5yrs/8% | AHHI 5Mi $66,752 |
| | |
The Starbucks is strategically located on U.S. Hwy 72, the major retail thoroughfare, with access to a combined daily traffic count of 24,000 vehicles. The property is ideally situated in a dense retail corridor surrounded by well-known tenants, including Walmart Supercenter, Aldi, Walgreens, Kroger, Dollar Tree, O’Reilly Auto Parts, and more. The 5-mile trade area is supported by a population...
...New construction
Build to suit
Dense retail corridor
Near major nationals
Strategically located
Highway location
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...
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| S Cass St | 2021 | 21,000 | 0.04 mi | |
| US Hwy 72 | Cemetery Dr | 2018 | 22,000 | 0.15 mi |
| Westview Drive | Cemetery Dr | 2021 | 80 | 0.34 mi |
| Hwy 45 | 2021 | 2,300 | 0.41 mi | |
| Hwy 72 W | 2021 | 2,900 | 0.42 mi | |
| Mc Kewen Rd | 2021 | 2,100 | 0.48 mi | |
| Hwy 72 W | 2021 | 3,000 | 0.49 mi | |
| US Hwy 45 | 2021 | 550 | 0.52 mi | |
| West Linden Street | Wenasoga Rd | 2018 | 3,500 | 0.62 mi |
| West Linden Street | Bradley Rd | 2021 | 3,300 | 0.62 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
Sevierville, TN
Cap Rate 5.15%
Lease Abs NNN
R. Term 18.50 yrs
Size/SF 959
Baton Rouge, LA
Cap Rate 7.00%
Lease Abs NNN
R. Term 13.20 yrs
Size/SF 510
Hilton Head Island, SC
Cap Rate 6.50%
Lease Abs NNN
R. Term 14.90 yrs
Size/SF 1,335
Strongsville, OH
Cap Rate 5.25%
Lease Abs NNN
R. Term 14.90 yrs
Size/SF 1,860
Visalia, CA
Cap Rate 5.50%
Lease Abs NNN
R. Term 4.50 yrs
Size/SF 3,016
Augusta, GA
Cap Rate 6.50%
Lease Abs NNN
R. Term 18.80 yrs
Size/SF 530
East Liverpool, OH
Cap Rate 5.00%
Lease Abs NNN
R. Term 15.80 yrs
Size/SF 5,062
Oak Creek, WI
Cap Rate 5.53%
Lease Abs NNN
R. Term 12.10 yrs
Size/SF 1,829
Columbia, SC
Cap Rate 6.50%
Lease Abs NNN
R. Term 18.11 yrs
Size/SF 530
Port Charlotte, FL
Cap Rate 5.00%
Lease Abs NNN
R. Term 19.50 yrs
Size/SF 2,370
Hendersonville, TN
Cap Rate 5.20%
Lease Abs NNN
R. Term 14.80 yrs
Size/SF 950
Austin, TX
Cap Rate 5.00%
Lease Abs NNN
R. Term 13.40 yrs
Size/SF 890
Augusta, GA
Cap Rate 6.50%
Lease Abs NNN
R. Term 18.70 yrs
Size/SF 400
Fort Worth, TX
Cap Rate 5.50%
Lease Abs NNN
R. Term 8.10 yrs
Size/SF 1,904
Snellville, GA
Cap Rate 5.85%
Lease Abs NNN
R. Term 14.10 yrs
Size/SF 4,481
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 5.00%
Lease Abs NNN
R. Term 13.10 yrs
Size/SF 2,800
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
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
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
