Starbucks For Sale Nationwide

---

 Asking Price:$1,760,000 

Property Type Retail Sub Type Fast Food Investment Type Net Lease Lease Type NN
Tenant Credit Corporate Guarantee Tenancy Single
Lease Term 10 years Rent Commencement 06/01/2019 Lease Expiration 05/31/2029
Remaining Term 9.6 years Square Footage 2,200 Price/Sq Ft $800 Cap Rate 5.00%Occupancy 100% NOI $88,000 Year Built 2019 Buildings 1
Rent Bumps 10% Every Five Years Lease Options 6, 5-Year Options Ownership Fee Simple

Lee Group is pleased to offer the  opportunity to purchase a brand-new, corporate leased Starbucks investment property located at 3791 Route 31 in Clay, New York (the “Property”). The Starbucks Café is part of the new North End Commons, a multi-pad retail center located immediately adjacent to Lowe’s Home Improvement along the Route 31 retail corridor. The Starbucks Café is currently under construction and will feature a dedicated drive-thru lane and outdoor patio. Rent is expected to commence in June 2019. 

• NEW CONSTRUCTION: The new Starbucks Café is expected to be completed and the lease term is anticipated to commence in June 2019. The Property will feature Starbucks’ best-in-class drive-thru experience and outdoor patio space, both designed to enhance the customer experience and drive sales.
• CORPORATE GUARANTY: Starbucks Corp. (NASDAQ: SBUX) boasts an investment grade credit rating of BBB+ (S&P) and Baa1 (Moody’s). Starbucks has a market cap of $94.8 billion and reported FY 2018 revenues of $24.7 billion and net income of $3.9 billion.
• LEASE TERM: The initial Starbucks lease term is for 10 years with six, 5-year renewal options.
• ATTRACTIVE RENT INCREASES: The Lease calls for a 10% rent increase every 5 years and at the start of each option period, providing the investor with an attractive increase in revenue and hedge against inflation.
• STRATEGIC RETAIL LOCATION: The Starbucks is strategically located along a heavily travelled shopping, dining and entertainment corridor on Route 30 at Route 481 that features a Lowe’s Home Improvement, Home Depot, Target, Walmart Supercenter, Wegmans, TJ Maxx, Regal Cinemas and Great Northern Mall.
• STRONG DEMOGRAPHICS:Over 71,000 people live w/ a 5-mile radius of the property with an average household income of over $87,000.
• TRADE AREA: Additional retailers, restaurants and attractions drawing people to retail corridor include Lowe’s, Home Depot, Wegmans, Price Chopper, Aldi, Walmart Supercenter, Target, TJ Maxx, Kohl’s, PetSmart, Hobby Lobby, Barnes & Noble, Burlington, Pier 1, Dick’s Sporting Goods, Joann Fabrics & Crafts, Raymour & Flanagan Furniture, McDonald’s, Panera Bread, Friendly’s, Red Lobster, Longhorn Steakhouse, Smokey Bones, Burger King, Applebee’s, Great Northern Mall, Regal Cinemas, and the adjacent, soon to be completed, Texas Roadhouse and WellNow Urgent Care (both also available for individual sale). Courtesy of  Horvath & Tremblay 

Asking Price: $2,016,000 

Property Type Retail Lease Type NN Tenant Credit Corporate Guarantee Tenancy Single Lease Term 10.1 years

Lease Commencement 07/11/2019 Lease Expiration 07/30/2029 Remaining Term 9.7 years Square Footage 2,100

Price/Sq Ft $960 Cap Rate 5.00% NOI $100,800 Year Built 2019 Zoning Commercial Lot Size (acres) 0.19

Parking (spaces) 23 APN 414089 229.4-4-8 Lease Options 4 (5-Year) Ownership Fee Simple

 Lee Group is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in a NN leased, investment grade (S&P:BBB+), corporate guaranteed, drive-thru equipped, Starbucks investment property located in Malta, NY. The tenant, Starbucks Corporation,  recently signed a brand new 10-year lease with 4 (5-year) options to extend. The lease features 10% rental increases every 5 years throughout the initial term and at the beginning of each option period, steadily growing NOI and hedging against inflation. The lease is NN with landlord responsibilities limited to roof, structure, parking lot, landscaping, and utility systems (including HVAC systems). The building, which opened July 2019, features state-of-the-art construction with modern amenities and design. Courtesy of  SRS National Net Lease Group 

Asking Price: $2,800,000 

Property Type Retail Lease Type NN Tenancy Single Square Footage 2,000 Price/Sq Ft $1,400 Cap Rate 5.00% Occupancy 100%

NOI $140,000 Year Built 2017 Buildings 1 Lot Size (acres) 1.18 Ownership Fee Simple We're pleased to offer for sale to qualified investors the opportunity to purchase the 100% fee simple interest in this Starbucks property located at 871 Washington St, Middletown, Connecticut (the "Property"). The Property features +/- 2,000 square feet of rentable building area located on a +/- 1.18 acre lot.  Courtesy of Stan Johnson Company

 Asking Price: $4,593,182  Under Construction

Property Type Retail Investment Type Net Lease Lease Type NN Tenancy Multi Number of Tenants 2

Lease Term 10.1 years Lease Commencement 12/01/2019 Lease Expiration 01/01/2030 Remaining Term 10.1 years

Square Footage 6,525 Price/Sq Ft $703.94 Cap Rate 5.50% Occupancy 100% NOI $252,625 Units 2 Year Built 2019

Stories 1 Lot Size (acres) 1.02 Rent Bumps10% in Year 6, Every Option Courtesy of Landmark Real Estate Company

 The Property is located at 7825 SW Highway 200 in Ocala, FL roughly in between Gainesville and Orlando. The Starbucks & Heartland Dental center is located on an outparcel to the local Walmart Neighborhood Market, also with co-tenancy with Burger King, Taco Bell, and Walgreens. Connected by shared cross access parking, the neighborhood market is situated just behind the center and they are both at corner of SW 80th Ave and SW Highway 200. Together, the freestanding Starbucks & Heartland Dental center and the Walmart Neighborhood Market occupy one highly visible corner, with contiguous frontage along both roads. The entire center is optimally surrounded by dense residential developments.The subject property is supported by robust demographics. The estimated population within a 3-mile radius of the subject property is 42,866 and 105,148 within a 5-mile. Additionally, within a 3 mile radius of the subject property, there are 20,342 households with an average household income of $51,361. Some of the surrounding retailers in the immediate area include Publix, Chase, Wells Fargo, Dunkin Donuts, Quick Care Med, Renasant Bank, Lowes, Aldi and many more.

 Asking Price: $4,095,000 

Property Type Retail Sub Type Strip Center Investment Type Net Lease Lease Type NNN Tenant Credit Credit Rated Tenancy Multi

Number of Tenants 4 Square Footage 5,550 Price/Sq Ft $737.84 Pro-Forma Cap Rate 5.35% Pro-Forma NOI $219,221 Units 4 Year Built 2005 Stories 1

Zoning CG Lot Size (acres) 0.71 APN 221-200-62 Ownership Fee Simple Courtesy of Metthews

• Starbucks lease secured by an Industry-leading, Investment grade credit tenant with an A rating by Standard & Poor’s (NASDAQ: SBUX) 
• Starbucks has over 27,000 locations worldwide, a $2.88 billion net worth and saw revenues of over $22.4 billion in 2017
• Sprint Communications, Inc. is one of the telecommunication providers with over 38,000 employees. Sprint ended the 2017 fiscal year with revenue in excess of $33 billion.
• Jamba, Inc. (Nasdaq: JMBA) is a healthful, active lifestyle brand with a robust global business driven by a portfolio of franchised and company-owned Jamba Juice® stores. Jamba boast ±900 locations with ±1,300 employees and approx. $175 million in annual revenue.
•  Leading franchisee Vitaligent operates over 100 stores across the United States. 
• Jamba Inc, recently announced a growth agreement with Vitaligent committing them to a 12-store development for the Seattle market to be completed over the next 4 years. 
• Wireless Lifestyle operates more than 200 Sprint locations nationwide. 
• Freeway Visibility - 83,000 ADT (17,000 exit ADT)
• Located along Yosemite Ave with +30,000 VPD
• Strong Retail Synergy – Nearby Tenants include In-N-Out, McDonald’s, Chipotle, Panda Express, Carl’s Jr, Wingstop, Del Taco, KFC, Applebee’s & Jack in Box
• Regional Retail Location – National Tenants including Target, The Home Depot, T.J. Maxx, PetSmart, Pier 1 Imports, AT&T, Bank of the West, GameStop, T-Mobile
• 24-Hour Starbucks with a Drive-Thru

 Asking Price: $3,000,000 

 Property Type Retail Sub Type NNN Drive Thru Portfolio Investment Type Net Lease Lease Type NNN

Investment Sub Type Starbucks and Jack in the Box Drive Thru Tenancy Multi Occupancy 100% NOI $137,903.40

 Two (2) Single Tenant Properties Now Available for Separate Purchase 

+ Ease of management: Jack in the Box is a true NNN Lease, and Starbucks pays all NNN direct except for Insurance and Accounting which is reimbursed by the Tenant  + Zero Landlord Responsibilities on the Jack in the Box Lease, and Landlord is only responsible for structure and roof replacement on the Starbucks Lease. Tenant is responsible for all else.  + Strong Retail Corridor + Free standing buildings with Drive-thrus

+ Both long term Tenants, Starbucks is currently in its first option period Courtesy of CBRE