| Price $2,850,000 | Built/Renov 2024 | Tenant Starbucks |
| Cap Rate 6.00% | Lease Type
NN+ | Guarantor Corp T and Rated |
| Size/SF
2,223
| Lease Start
06-17-2024
| #Units
38,038
|
| Price/SF $1,282.05 | Expiration
06-30-2039
| Tenant Type Fast Food/QSR |
| NOI $171,000 | R. Term 15.1 | Ownership Fee Simple |
| Rent/SF
$76.92
| Increases 10.0%/5/yrs | Pop 5Mi 57,376 |
| Lot/AC 0.84 | Options 4/5yrs/10% | AHHI 5Mi $74,651 |
| | |
Starbucks is strategically located at the signalized, hard corner intersection of Corporal Highway 544 and State Road, with access to a combined daily traffic count of 39,061 vehicles. Conveniently situated just 1 mile down the road from Conway Medical Center, a top economic driver and one of the largest employers in Horry County for nearly a century, it also sits less than 1.5 miles from...
...New construction
Dense retail corridor
Near major nationals
Major MSA
Brand new lease
Long 15+ yr lease
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 | |
| 2028 Total Population : | 6,574 | 27,988 | 63,492 |
| 2023 Total Population : | 6,414 | 26,122 | 59,222 |
| 2023 Employed Civilian Pop : | 2,459 | 11,118 | 25,085 |
| 2023 Total Businesses : | 123 | 768 | 1,995 |
| 2023 Average Household Income : | $ 69,600 | $ 73,765 | $ 79,459 |
| 2023 Total Consumer Spending : | $ 117 M | $ 587 M | $ 1546 M |
| 2023 Median Age : | 25 | 33 | 37 |
| 2023 Total Households : | 1,926 | 9,127 | 22,366 |
| 2023 Pop Age 25+: Bachelor's Degree : | 542 | 2,897 | 6,757 |
| 2023 Average Home Value : | $ 252,420 | $ 270,782 | $ 273,162 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| University Blvd | 2022 | 35,700 | 0.84 mi | |
| Singleton Ridge Rd | Myrtle TrceDr | 2010 | 8,900 | 1.13 mi |
| Singleton Ridge Road | Myrtle TrceDr | 2022 | 11,900 | 1.23 mi |
| University Blvd | Chanticleer Dr E | 2019 | 4,200 | 1.36 mi |
| SC 544 (HWY 544) TO US 501 (E HWY 501) | Chanticleer Dr E | 2021 | 5,000 | 1.37 mi |
| State Hwy 544 | Kings Rd | 2010 | 25,900 | 1.84 mi |
| Cox Ferry Road | Private Dr | 2022 | 4,000 | 2.00 mi |
| SC 544 Overpass | Cox Ferry Rd | 2022 | 19,000 | 2.01 mi |
| SC 544 Overpass | Hwy 501 | 2019 | 17,700 | 2.02 mi |
| University Forest Cir | 2022 | 6,200 | 2.17 mi |
Colorado Springs, CO
Cap Rate 5.75%
Lease Abs NNN
R. Term 14.60 yrs
Size/SF 510
Peoria, AZ
Cap Rate 5.00%
Lease Abs NNN
R. Term 17.11 yrs
Size/SF 700
Augusta, GA
Cap Rate 6.50%
Lease Abs NNN
R. Term 19.30 yrs
Size/SF 530
Augusta, GA
Cap Rate 6.50%
Lease Abs NNN
R. Term 19.20 yrs
Size/SF 400
Hilton Head Island, SC
Cap Rate 6.50%
Lease Abs NNN
R. Term 15.10 yrs
Size/SF 1,335
Montgomery, AL
Cap Rate 6.00%
Lease Abs NNN
R. Term 14.50 yrs
Size/SF 3,057
Fort Worth, TX
Cap Rate 5.15%
Lease Abs NNN
R. Term 14.60 yrs
Size/SF 3,153
Las Cruces, NM
Cap Rate 5.84%
Lease Abs NNN
R. Term 13.80 yrs
Size/SF 2,868
Burnsville, MN
Cap Rate 6.50%
Lease Abs NNN
R. Term 19.90 yrs
Size/SF 1,052
Hendersonville, TN
Cap Rate 5.20%
Lease Abs NNN
R. Term 14.11 yrs
Size/SF 950
Roxboro, NC
Cap Rate 6.25%
Lease Abs NNN
R. Term 12.50 yrs
Size/SF 3,230
Rockmart, GA
Cap Rate 5.50%
Lease Abs NNN
R. Term 19.70 yrs
Size/SF 2,000
Baton Rouge, LA
Cap Rate 6.75%
Lease Abs NNN
R. Term 13.80 yrs
Size/SF 510
Baker City, OR
Cap Rate 6.00%
Lease Abs NNN
R. Term 20.00 yrs
Size/SF 2,400
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
