Starbucks NNN Properties for Sale
34 live Starbucks listings as of October 7, 2026.
Starbucks cap rates by band
| Cap rate band | Listings | Average asking price |
|---|---|---|
| Under 5.00% | 6 | $4.15M |
| 5.00% – 5.99% | 16 | $2.76M |
| 6.00% – 6.99% | 10 | $2.56M |
| 7.00% – 7.99% | 2 | $4.30M |
Starbucks listings by state
| State | Listings | Average cap rate |
|---|---|---|
| California | 5 | 4.95% |
| Indiana | 4 | 5.69% |
| Arizona | 3 | 5.22% |
| Texas | 3 | 6.40% |
| Florida | 2 | 4.72% |
| Illinois | 2 | 6.63% |
| Nevada | 2 | 5.00% |
| Washington | 2 | 4.80% |
| Georgia | 1 | 5.48% |
| Iowa | 1 | 6.00% |
| Minnesota | 1 | 5.50% |
| Missouri | 1 | 7.00% |
| New Jersey | 1 | 5.25% |
| New Mexico | 1 | 6.10% |
| North Carolina | 1 | 5.80% |
| Oklahoma | 1 | 6.00% |
| Pennsylvania | 1 | 6.15% |
Starbucks remaining lease term
| Remaining term | Listings | Average cap rate |
|---|---|---|
| Under 5 years | 2 | 5.25% |
| 5 – 9.9 years | 15 | 5.66% |
| 10 – 14.9 years | 11 | 5.68% |
| 15+ years | 6 | 5.13% |
Buying Starbucks in a 1031 exchange
In a 1031 exchange, replacement property must be identified within 45 days of selling the relinquished property and the purchase must close within 180 days. A qualified intermediary holds the sale proceeds in between. Speak with your own tax adviser about your situation.
17 of the 34 live Starbucks listings have 10 or more years of primary lease term remaining (as of October 7, 2026).
Starbucks due-diligence checklist
- Read the full lease: confirm the firm term, renewal options, rent schedule and every landlord responsibility.
- Confirm who guarantees the lease (corporate, franchisee or personal) and review the guarantor’s financial statements where available.
- Order tenant estoppel and SNDA documents before closing.
- Review the title commitment, survey and zoning report for the parcel.
- Commission a Phase I environmental site assessment.
- Inspect the roof, structure, parking lot and HVAC, and confirm any warranties.
- Verify property tax, insurance and CAM reimbursements against the lease.
- Review store-level sales or rent-to-sales data if the tenant reports it.
Starbucks net lease FAQ
How many Starbucks net lease properties are for sale?
Net Lease World shows 34 live Starbucks listings as of October 7, 2026.
What cap rates are Starbucks properties listed at?
Live Starbucks listings with a published cap rate range from 4.25% to 7.50%, with a median of 5.50% (as of October 7, 2026). These are asking cap rates, not closed sales.
What is the typical asking price for a Starbucks property?
The median asking price across live Starbucks listings with a published price is $2.77M (as of October 7, 2026).
Which states have the most Starbucks listings?
California (5), Indiana (4), Arizona (3). Listings appear in 17 states in total (as of October 7, 2026).
How much lease term is left on Starbucks listings?
The median remaining primary lease term is 9.8 years; 17 listings have 10 or more years remaining (as of October 7, 2026).
Live Starbucks listings
- Starbucks — Monee, IL · Asking $2.08M · 6.50% cap rate
- Starbucks — Durant, OK · Asking $2.65M · 6.00% cap rate
- Starbucks — Calabasas, CA · Asking $6.65M · 4.50% cap rate
- Starbucks — Kingsburg, CA · Asking $2.34M · 6.00% cap rate
- Starbucks — Phoenix, AZ · Asking $2.89M · 5.75% cap rate
- Starbucks — Dallas, TX · Asking $7.25M · 7.50% cap rate
- Starbucks — Alafaya, FL · Asking $3.63M · 5.20% cap rate
- Starbucks — Centralia, WA · Asking $3.04M · 4.60% cap rate
- Starbucks — Mount Vernon, TX · Asking $2.61M · 6.00% cap rate
- Starbucks — Cerritos, CA · Asking $5.69M · 4.75% cap rate
- Starbucks — LaGrange, GA · Asking $3.47M · 5.48% cap rate
- Starbucks — Corona, CA · Asking $2.87M · 4.52% cap rate
- Starbucks — Portage, IN · Asking $2.98M · 6.20% cap rate
- Starbucks — Fort Wayne, IN · Asking $2.40M · 5.57% cap rate
- Starbucks · Asking $2.25M · 5.24% cap rate
- Starbucks — Pendleton, IN · Asking $2.38M · 6.00% cap rate
- Starbucks — Midland, TX · Asking $2.82M · 5.71% cap rate
- Starbucks · Asking $3.00M · 5.50% cap rate
- Starbucks — Lacey, WA · Asking $1.86M · 5.00% cap rate
- Starbucks — Bloomington, IL · Asking $2.49M · 6.75% cap rate
- Starbucks — Springfield, MO · Asking $1.35M · 7.00% cap rate
- Starbucks — Las Vegas, NV · Asking $2.76M · 5.00% cap rate
- Starbucks — Albuquerque, NM · Asking $2.85M · 6.10% cap rate
- Starbucks — High Point, NC · Asking $2.82M · 5.80% cap rate