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| Price $2,365,000 | Built/Renov 2023 | Tenant Starbucks |
| Cap Rate 5.20% | Lease Type
NN+ | Guarantor Corp T and Rated |
| Size/SF
2,286
| Lease Start
06-27-2023
| #Units
36,000
|
| Price/SF $1,034.56 | Expiration
06-30-2033
| Tenant Type Fast Food/QSR |
| NOI $123,000 | R. Term 8.1 | Ownership Fee Simple |
| Rent/SF
$53.81
| Increases 10.0%/5/yrs | Pop 5Mi 19,798 |
| Lot/AC 0.87 | Options 4/5yrs/8% | AHHI 5Mi $99,559 |
| | |
Starbucks is strategically located along I-35 with excellent access and visibility, averaging more than 86,000 vehicles passing by daily. The site is ideally situated adjacent to a newly constructed Go Wash Tunnel Car Cash and Access Health Urgent Care, in addition to numerous other national retailers including McDonald’s, Anytime Fitness, Shell, O’Reilly Auto Parts, and many more,...
...New construction
High traffic 50M+ VPD
Freeway visibility
Top 100 MSA
Income tax free state
Brand new lease
Accelerated depreciation
Favorable NN+ lease
Traded and rated company
Investment grade tenant
Starbucks Corporation is the leading roaster, retailer, and marketer of specialty coffee in the world. In addition to drinks and food, many stores carry Starbucks' official merchandise, such...
| 1 Miles | 3 Miles | 5 Miles | |
| 2028 Total Population : | 3,175 | 20,363 | 28,784 |
| 2023 Total Population : | 2,951 | 15,820 | 19,798 |
| 2023 Employed Civilian Pop : | 1,469 | 7,828 | 9,877 |
| 2023 Total Businesses : | 74 | 198 | 268 |
| 2023 Average Household Income : | $ 99,368 | $ 96,948 | $ 99,559 |
| 2023 Total Consumer Spending : | $ 79 M | $ 449 M | $ 581 M |
| 2023 Median Age : | 33 | 34 | 36 |
| 2023 Total Households : | 923 | 5,350 | 6,737 |
| 2023 Pop Age 25+: Bachelor's Degree : | 306 | 1,554 | 1,900 |
| 2023 Average Home Value : | $ 372,827 | $ 350,446 | $ 371,246 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| Interstate 35 Frontage Road | Pvt Rd 917 | 2021 | 2,610 | 0.04 mi |
| Co Rd 312 | 2021 | 86,008 | 0.07 mi | |
| Hugh Smith Ln | 2021 | 2,800 | 0.11 mi | |
| Co Rd 370 | I- 35 Svc Rd | 2011 | 159 | 0.12 mi |
| Co Rd 312 | Co Rd 313 E | 2010 | 540 | 0.17 mi |
| Co Rd 312 | Co Rd 313 | 2015 | 454 | 0.17 mi |
| Co Rd 306 | I- 35 Svc Rd | 2011 | 86 | 0.21 mi |
| TX 121 | Co Rd 306 | 2020 | 79,494 | 0.22 mi |
| Co Rd 313 | Co Rd 312 | 2011 | 133 | 0.31 mi |
| Co Rd 309 | Co Rd 306 | 2011 | 137 | 0.37 mi |
San Antonio, TX
Cap Rate 5.25%
Lease Abs NNN
R. Term 14.20 yrs
Size/SF 950
Davenport, FL
Cap Rate 4.50%
Lease Abs NNN
R. Term 14.10 yrs
Size/SF 950
Burlington, NJ
Cap Rate 5.10%
Lease Abs NNN
R. Term 18.10 yrs
Size/SF 2,518
Morristown, TN
Cap Rate 5.15%
Lease Abs NNN
R. Term 19.10 yrs
Size/SF 990
Strongsville, OH
Cap Rate 5.25%
Lease Abs NNN
R. Term 14.90 yrs
Size/SF 1,860
Snellville, GA
Cap Rate 5.85%
Lease Abs NNN
R. Term 14.10 yrs
Size/SF 4,481
Allen Park, MI
Cap Rate 5.25%
Lease Abs NNN
R. Term 3.11 yrs
Size/SF 4,488
Fort Worth, TX
Cap Rate 5.50%
Lease Abs NNN
R. Term 8.10 yrs
Size/SF 1,904
Austin, TX
Cap Rate 5.00%
Lease Abs NNN
R. Term 12.11 yrs
Size/SF 890
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 12.00 yrs
Size/SF 1,829
Berlin, WI
Cap Rate 6.00%
Lease Abs NNN
R. Term 19.10 yrs
Size/SF 2,400
Kansas City, MO
Cap Rate 5.30%
Lease Abs NNN
R. Term 14.80 yrs
Size/SF 950
Haines City, FL
Cap Rate 5.00%
Lease Abs NNN
R. Term 4.70 yrs
Size/SF 2,500
Abbeville, LA
Cap Rate 5.52%
Lease Abs NNN
R. Term 15.20 yrs
Size/SF 3,147
Jenison, MI
Cap Rate 5.50%
Lease Abs NNN
R. Term 14.90 yrs
Size/SF 2,357
Sevierville, TN
Cap Rate 5.15%
Lease Abs NNN
R. Term 18.40 yrs
Size/SF 959
North Richland Hills, TX
Cap Rate 5.00%
Lease Abs NNN
R. Term 13.10 yrs
Size/SF 2,800
Port Charlotte, FL
Cap Rate 5.00%
Lease Abs NNN
R. Term 19.40 yrs
Size/SF 2,370
Soledad, CA
Cap Rate 4.50%
Lease Abs NNN
R. Term 14.70 yrs
Size/SF 950
Lagrangeville, NY
Cap Rate 5.10%
Lease NN+
R. Term 29.11 yrs
Size/SF 3,000
Clermont, FL
Cap Rate 5.00%
Lease Abs NNN
R. Term 14.50 yrs
Size/SF 950
Beech Grove, IN
Cap Rate 5.75%
Lease Abs NNN
R. Term 15.20 yrs
Size/SF 2,100
North Richland Hills, TX
Cap Rate 6.00%
Lease Abs NNN
R. Term 15.00 yrs
Size/SF 2,142
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
