loader
Join

Current Status *

Current Status Required

Ownership

Lease Type

State

Region

State

City / Metro

Property Type

  • Tenant Type

Tenant Name

Total # Tenants

Lease Guarantor

PROPERTY/LOT
IMMEDIATE LOCATION
AREA LOCATION
TENANT ATTRIBUTES
INVESTMENT/GUARANTOR
DOM: 46 Updated: 09.17.25 Posted: 09.17.25 Status: Active     09.17.25

Summary

Price $3,635,000
Built/Renov 2025
Tenant Starbucks
Cap Rate 5.20%
Lease Type Double NN
Guarantor Corp T and Rated
Size/SF 2,500
Lease Start 02-03-2025
#Units 38,038
Price/SF $1,454.00
Expiration 02-28-2035
Tenant Type Fast Food/QSR
NOI $189,000
R. Term 9.50
Ownership Fee Simple
Rent/SF $75.60
Increases 10.0%/6/yrs
Pop 5Mi 177,172
Lot/AC 0.93
Options 6/5yrs/10%
AHHI 5Mi $98,043

Highlights

  • Newly constructed fee simple ownership 2,500 SF Starbucks with drive-thru on a 0.929-acre parcel in Orlando, Florida
  • Brand new 10-year favorable NN lease commenced February 2025 with six 5-year renewal options
  • Lease guaranteed by Starbucks Corporation (NASDAQ: SBUX, S&P: BBB+) with over 40,000 global locations
  • Rental income of $189,000 annually with 10% rent increases every five years
  • Situated along S. Alafaya Trail with traffic counts of approximately 29,457 vehicles daily
  • Five-mile trade area includes 177,172 residents with an average household income of $98,043

Location Description

Starbucks at 1928 S. Alafaya Trail is strategically located along S. Alafaya Trail in Orlando, Florida, with access to a daily traffic count of approximately 29,457 vehicles. The site is surrounded by major national retailers including Publix, Kohl’s, and the Waterford Lakes Town Center, driving consistent consumer traffic to the area. The property is located near several schools, residential...

...

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...


...

Demographics

  1 Miles 3 Miles 5 Miles
2030 Total Population : 8,693 84,256 188,796
2025 Total Population : 7,979 83,203 184,050
2025 Employed Civilian Pop : 4,261 48,153 98,060
2025 Total Businesses : 165 2,106 4,314
2025 Average Household Income : $ 125,342 $ 115,112 $ 105,232
2025 Total Consumer Spending : $ 296 M $ 2860 M $ 5471 M
2025 Median Age : 39 35 33
2025 Total Households : 2,790 28,950 60,174
2025 Pop Age 25+: Bachelor's Degree : 1,985 18,319 33,269
2025 Average Home Value : $ 515,240 $ 468,654 $ 438,258
*ESRI data is presented for informational purposes only

Traffic

Collection Street Cross Street Year Traffic Vol Distance
S Alafaya Trl Cypress Springs Cir 2012 38,000 0.19 mi
Golfway Blvd Jewelstone Way 2012 7,086 0.29 mi
Golfway Boulevard Fairway Pointe D 2022 9,000 0.32 mi
Woodbury Road Falcon Ridge Dr 2022 18,200 0.91 mi
Alafaya Trail Townsend Dr 2022 29,500 0.96 mi
S R 434 Townsend Dr 2009 19,203 1.16 mi
Curry Ford Rd Heritage Estates Ave 2009 29,152 1.20 mi
Curry Ford Road Summerspring Lak 2022 28,000 1.29 mi
S R 434 River Delta Dr 2019 42,000 1.31 mi
Cypress Springs Pkwy Amaryllis Cir 2012 3,300 1.36 mi

Listing Broker

Loading...
Disclaimer & Confidentiality
All information, content, data, and other materials on this Platform (“Content”) is made available to you on an “AS IS” basis without warranties of any kind, express or implied. All such Content is made available for informational purposes only and should not be relied on by you for any purpose. Content may contain errors, may be inaccurate or incomplete and/or, due to changing circumstances or other causes, may change or ultimately prove to be inaccurate or incomplete. Other than as set forth in our Terms of Service we do not have any control over your use of our Services or any Content. You should not use any such Services or any Content without validating the results through independent research, obtaining up-to-date information, and considering all relevant facts and circumstances, including your specific situation (financial or otherwise). We do not recommend, guarantee, or represent that the Services or any Content will predict the future performance of real estate assets or other assets of any kind. Moreover, we do not warrant the performance or results that may be obtained by using any of the foregoing. WE ARE NOT ENGAGED IN RENDERING TAX, LEGAL, INVESTMENT, FINANCIAL OR RISK MANAGEMENT ADVICE, AND THE RESULTS OF USE OF OUR SERVICES AND ANY CONTENT MUST NOT BE REGARDED OR REPRESENTED AS CONSTITUTING SUCH ADVICE. WE DO NOT MAKE ANY REPRESENTATIONS OR WARRANTIES REGARDING THE ACCURACY OF ANY CONTENT AND/OR PROJECTIONS GENERATED BY THE SERVICES OR ANY CONTENT

GET IN TOUCH

Get NNN Listings, News
& Insights in Your Inbox