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PROPERTY/LOT
IMMEDIATE LOCATION
AREA LOCATION
TENANT ATTRIBUTES
INVESTMENT/GUARANTOR
DOM: 1 Updated: 09.08.25 Posted: 09.08.25 Status: Active     09.08.25

Summary

Price $3,220,000
Built/Renov 2025
Tenant Starbucks
Cap Rate 5.75%
Lease Type Abs NNN
Guarantor Corp T and Rated
Size/SF 2,500
Lease Start 04-01-2025
#Units 38,038
Price/SF $1,288.00
Expiration 04-30-2040
Tenant Type Fast Food/QSR
NOI $185,189
R. Term 14.70
Ownership Fee Simple
Rent/SF $74.08
Increases 10.0%/6/yrs
Pop 5Mi 21,590
Lot/AC 0.75
Options 5/5yrs/10%
AHHI 5Mi $69,605

Highlights

  • Brand-new 2025 Starbucks construction with drive-thru on 0.75-acre parcel.

  • 15-year corporate lease with five 5-year renewal options.

  • Absolute NNN lease with zero landlord responsibilities, except GAAP capital repairs.

  • Rent increases of 10% every 5 years, including options.

  • Corporate guarantee from investment grade tenant Starbucks (S&P: BBB+).

  • Located along U.S. Route 52 with 22,400 vehicles per day.

  • Surrounded by Walmart, CVS, Walgreens, McDonald’s, Tractor Supply, and more.

  • Five-mile trade area includes 21,590 residents with $69,605 average household income.

Location Description

Starbucks – Darlington, SC is strategically located along Lochend Drive, adjacent to S Governor Williams Highway (U.S. Route 52) in Darlington, South Carolina, with access to a daily traffic count of approximately 22,400 vehicles. The site is surrounded by major national retailers including Walmart Supercenter, CVS Pharmacy, Walgreens, McDonald’s, Tractor Supply Co., Family Dollar, Dollar...

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Maps

  • 1 Mile
  • 3 Miles
  • 5 Miles

Tenant

  • Tenant: Starbucks
  • Guarantor:Corp T and Rated
  • Company:Starbucks Corporation
  • # Units:38,038
  • Tenant S&P: BBB+
  • Moody’s: Baa1
  • Stock: NASDAQ: SBUX

About 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...


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