9661 SAN JOSE BLVD Jacksonville FL 32257-5433

Starbucks (NASDAQ: SBUX) is the premier roaster, marketer and retailer of specialty coffee in the world, operating in 69 countries.​ Formed in 1985, the company purchases and roasts high-quality coffees that they sell, along with handcrafted coffee, tea and other beverages and a variety of fresh food items, through company-operated stores.​

Jacksonville is the most-populous city in Florida and is the county seat of Duval County.​ The Jacksonville metro is in the northeastern corner of Florida, just south of the Georgia border.​ It is composed of five counties, with the Atlantic Ocean providing its eastern border.​

• ​5+ Years Remaining on Corporate Lease with Starbucks (NASDAQ: SBUX)
• ​8% Rental Increases Every 5 Years with Multiple Renewal Options
• ​Longstanding Location - Tenant has Operated at the Location for 25 Years, Showing Commitment to the Site
• ​Growing Jacksonville Trade Area - ±153,000 Residents within a 5-Mile Radius
• ​Average Household Income Exceeds $104,000 in the Immediate Area
• ​Signalized Hard Corner Location at the Corner of Old St. Augustine Road and San Jose Boulevard, Accessible by ±68,500 Cars per Day
• ​Across From The Home Depot and Surrounded by National Tenants: CVS, Dunkin’, Zaxby’s, Outback Steakhouse, and More
• ​Centrally Located within Roughly 10 Miles of Downtown Jacksonville, Jacksonville Naval Air Station, and University of North Florida

CBRE is pleased to present an exclusive listing for the Starbucks located at 9661 San Jose Boulevard in Jacksonville, Florida. The site consists of 1,687 total square feet of building space and sits on 0.40± acres of land. The current base rent is $147,841. The lease calls for 8.0% rental escalations every five years, including throughout the four (4) five-year renewal option periods extending the total possible lease term to 30 years.

The subject property is situated along a thriving retail corridor between Interstate-295 and Interstate-95, surrounded by both national and local businesses.

• Hard-Corner Lighted Intersection location with multiple points of ingress and egress

• Heavy Traffic Counts in excess of 44,500 VPD in front of the subject site

• Dense Residential Corridors with Major Arteries feeding the commercial corridor

• Major Growth Corridor of Jacksonville providing long-term stability

• Continuous retail growth promoting immediate market drivers

• Stable Long-Term Asset with historical success and performance

• Located in an income tax free state