Orchard Mesa Starbucks
Free standing building with Starbucks leasing as Tenant.
Marketing description
Excellent investment opportunity. Brand new single-tenant building built in 2024 on 1.14 acres. Great visibility off of US-50 and located in a heavily traveled area composed of restaurants, parks, and commercial businesses. Fully leased to a well-established and reliable tenant (Starbucks) with a 10-year term, NNN leases, and multiple 5-year options to extend. Nicely landscaped with drive-through access, paved and lit parking lot, 1,500 gallon grease trap, and new HVAC systems.
Investment highlights
Single-tenant drive thru 100% master leased to Starbucks with 10-year term and corporate guarantee.
Offered at a 5% cap rate with an average cap rate of 5.5% over the primary term
Brand new construction built in 2024.
Well-established and reliable tenant with investment grade credit
High visibility, nicely landscaped, drive through access, paved parking
2,200 sf building on 1.14 acres
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