Starbucks NNN Property For Sale — Cedar Rapids, IA
Cedar Rapids, IA, Cedar Rapids, IA
This Starbucks NNN (triple net lease) property, located in Cedar Rapids, IA, presents an outstanding investment opportunity. Boasting 2437 square feet of modern construction from 2024, the property offers stable income potential with a 6.0% cap rate. The attractive asking price of $2,513,500 makes it an ideal option for investors seeking quality commercial properties, especially those involved in 1031 exchanges. Starbucks properties are recognized for providing predictable cash flow with minimal landlord responsibilities due to the triple net lease structure where the tenant handles property taxes, insurance, and maintenance. The nationally recognized brand ensures strong tenant quality. Cedar Rapids offers strong demographics and market fundamentals, ensuring excellent visibility and acc…
- Address: Cedar Rapids, IA, Cedar Rapids, IA
- Asking price $2.51M
- 6.00% cap rate
- NOI $150,810
- 9 years remaining
- NNN lease
- Year built: 2024
- Building size: 2,437 SF
- Lot size: 0.62 acres
- Guarantor: Corporate
Location
This Starbucks property is at Cedar Rapids, IA in Cedar Rapids, Iowa.
Asset type: Retail/QSR/Fast Food