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| Price $3,214,953 | Built/Renov 2024 | Tenant Starbucks |
| Cap Rate 5.35% | Lease Type
Double NN | Guarantor Corp T and Rated |
| Size/SF
1,302
| Lease Start
09-21-2024
| #Units
38,038
|
| Price/SF $2,469.24 | Expiration
09-20-2034
| Tenant Type Fast Food/QSR |
| NOI $172,000 | R. Term 9.10 | Ownership Fee Simple |
| Rent/SF
$132.10
| Increases 10.0%/5/yrs | Pop 5Mi 548,163 |
| Lot/AC 0.46 | Options 4/5yrs/10% | AHHI 5Mi $75,287 |
| | |
Starbucks is strategically located on Glendale Avenue, a major arterial road, with access to a substantial daily traffic count of 60,026 vehicles. The property is situated in Historic Downtown Glendale, an entertainment hub with multiple new restaurants and retail establishments. Additionally, it is situated within the Glendale Center shopping mall, which features neighboring well-known...
...New construction
Build to suit
Near major nationals
Shopping Ctr out-parcel
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 : | 21,948 | 209,242 | 554,139 |
| 2024 Total Population : | 21,747 | 208,185 | 551,352 |
| 2024 Employed Civilian Pop : | 9,040 | 94,203 | 256,687 |
| 2024 Total Businesses : | 723 | 3,547 | 10,556 |
| 2024 Average Household Income : | $ 64,967 | $ 75,765 | $ 81,128 |
| 2024 Total Consumer Spending : | $ 457 M | $ 4559 M | $ 12970 M |
| 2024 Median Age : | 33 | 32 | 33 |
| 2024 Total Households : | 7,851 | 67,319 | 179,159 |
| 2024 Pop Age 25+: Bachelor's Degree : | 1,520 | 14,538 | 41,182 |
| 2024 Average Home Value : | $ 335,314 | $ 384,624 | $ 415,248 |
Frisco, TX
Cap Rate 5.25%
Lease Abs NNN
R. Term 14.90 yrs
Size/SF 1,925
Rowlett, TX
Cap Rate 6.00%
Lease Abs NNN
R. Term 15.00 yrs
Size/SF 2,236
San Antonio, TX
Cap Rate 5.00%
Lease Abs NNN
R. Term 8.70 yrs
Size/SF 2,675
Edmond, OK
Cap Rate 6.00%
Lease Abs NNN
R. Term 18.50 yrs
Size/SF 2,271
Cameron Park, CA
Cap Rate 4.60%
Lease Abs NNN
R. Term 14.70 yrs
Size/SF 950
Montgomery, AL
Cap Rate 6.00%
Lease Abs NNN
R. Term 14.10 yrs
Size/SF 3,057
Memphis, TN
Cap Rate 6.00%
Lease Abs NNN
R. Term 11.30 yrs
Size/SF 6,124
South Jordan, UT
Cap Rate 4.95%
Lease Abs NNN
R. Term 10.30 yrs
Size/SF 3,860
Sherman, TX
Cap Rate 6.00%
Lease Abs NNN
R. Term 15.00 yrs
Size/SF 2,518
Rockmart, GA
Cap Rate 5.50%
Lease Abs NNN
R. Term 19.10 yrs
Size/SF 2,000
Roxboro, NC
Cap Rate 6.25%
Lease Abs NNN
R. Term 12.10 yrs
Size/SF 3,230
Jacksonville, FL
Cap Rate 5.00%
Lease Abs NNN
R. Term 20.20 yrs
Size/SF 950
Little Elm, TX
Cap Rate 4.59%
Lease Abs NNN
R. Term 18.80 yrs
Size/SF 2,822
San Antonio, TX
Cap Rate 5.50%
Lease Abs NNN
R. Term 11.70 yrs
Size/SF 3,432
Fort Worth, TX
Cap Rate 5.15%
Lease Abs NNN
R. Term 15.10 yrs
Size/SF 3,153
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]
