Starbucks NNN Property For Sale
An exceptional opportunity to invest in a Starbucks net lease property, a highly sought-after asset known for its strong corporate guarantee and robust credit rating. Starbucks, a global leader in the coffee quick-service restaurant sector with over 32,000 stores worldwide, carefully selects its sites based on factors such as median household income, proximity to employment districts and other businesses, multiple access points, morning commute side traffic, and dedicated parking. Properties typically feature a building size between 1,500 and 2,000 square feet on a lot of 0.50 to 1.00 acres. This investment offers a dependable income stream from a well-established tenant.
- Asking price $2.25M
- 5.24% cap rate
- NOI $117,900
- 10 years remaining
- NNN lease
- Year built: 2018019999
- Building size: 1,750 SF
- Lot size: 0.75 acres
- Rent increases: Year 5
- Guarantor: Corporate
Asset type: QSR