Starbucks NNN Property For Sale — Alafaya, FL
1928 S Alafaya Trail, Alafaya, FL 32828
This investment opportunity features a newly constructed, single-tenant Starbucks—a credit tenant with over 40,000 global locations and strong financial performance. The property operates under a long-term NNN lease with rare 10% rent increases every five years, providing an excellent hedge against inflation and consistent income growth. This prototypical drive-thru location is strategically positioned on S. Alafaya Trail, directly across from a high-traffic Publix supermarket, ensuring significant visibility and customer access. The property benefits from its location in Orlando, Florida, a dynamic and rapidly growing market with strong demographics and a pro-business environment. This fee simple offering provides a secure, passive income stream with minimal landlord responsibilities.
- Address: 1928 S Alafaya Trail, Alafaya, FL 32828
- Asking price $3.63M
- 5.20% cap rate
- NOI $189,000
- 10 years remaining
- NNN lease
- Year built: 2025
- Building size: 2,500 SF
- Lot size: 0.93 acres
- Rent increases: 5 years: 10% increase; 10 years: 10% increase; 15 years: 10% increase; 20 years: 10% increase; …
- Guarantor: Corporate
Location
This Starbucks property is at 1928 S Alafaya Trail in Alafaya, Florida.
Asset type: Retail