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| Price $5,793,000 | Built/Renov 2019 | Tenant Starbucks |
| Cap Rate 6.75% | Lease Type
Abs NNN | Guarantor Corp T and Rated |
| Size/SF
9,894
| Lease Start
09-01-2000
| #Units
38,038
|
| Price/SF $585.51 | Expiration
09-01-2030
| Tenant Type Fast Food/QSR |
| NOI $391,050 | R. Term 4.11 | Ownership Fee Simple |
| Rent/SF
$39.52
| Increases 0.0%/0/yrs | Pop 5Mi 71,403 |
| Lot/AC 0.66 | Options 4/5yrs | AHHI 5Mi $79,505 |
| | |
Starbucks is strategically located on a signalized hard corner intersection with excellent visibility along U.S. Highway 220/Plank Road (24,000+ VPD) and State Highway 36 (12,300 VPD), serving a direct residential base with nearby single-family neighborhoods and multi-family complexes such as Logan Hills (212 units), Evergreen Manors (159 units), and Woodrow Wilson Gardens (50 units). As the...
...In location for years
High traffic 50M+ VPD
Near major nationals
Strong demographics
Population increase trend
Absolute NNN
Annual rent increases
Corporate Guarantee
Over 1000 units backed
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 | |
| 2030 Total Population : | 4,844 | 34,402 | 70,144 |
| 2025 Total Population : | 4,927 | 34,826 | 71,059 |
| 2025 Employed Civilian Pop : | 2,280 | 16,196 | 32,920 |
| 2025 Total Businesses : | 521 | 2,262 | 3,436 |
| 2025 Average Household Income : | $ 74,776 | $ 76,167 | $ 73,445 |
| 2025 Total Consumer Spending : | $ 146 M | $ 997 M | $ 1952 M |
| 2025 Median Age : | 48 | 47 | 45 |
| 2025 Total Households : | 2,258 | 14,949 | 30,232 |
| 2025 Pop Age 25+: Bachelor's Degree : | 734 | 5,433 | 9,514 |
| 2025 Average Home Value : | $ 223,173 | $ 219,788 | $ 217,928 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| Orchard Avenue | Sterling St | 2021 | 4,656 | 0.07 mi |
| W Plank Rd | Goods Ln | 2017 | 24,448 | 0.15 mi |
| Good Lane | Good Ln | 2022 | 3,850 | 0.15 mi |
| Good Lane | Goods Ln | 2022 | 3,850 | 0.15 mi |
| W Plank Rd | 2021 | 4,613 | 0.21 mi | |
| Aberdeen St | 2022 | 141 | 0.25 mi | |
| Aberdeen St | 2021 | 25,461 | 0.26 mi | |
| Arlaryd Street | Orchard Ave | 2021 | 4,656 | 0.26 mi |
| W Plank Rd | 2021 | 4,235 | 0.27 mi | |
| Sunset Dr | 2022 | 19 | 0.28 mi |
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
