Listed by Cushman & Wakefield - Sacramento, California
$3,140,000
Starbucks & T-Mobile
Details
Property Type Retail
Sub Type QSR/Fast Food, Storefront
Square Footage 6,165
Cap Rate 6.50%
NOI $204,095
Tenancy Multi
Brand/Tenant Starbucks, T-Mobile
Lease Type NN+
Lease Term 7.5
Lease Expiration 11/17/2033
Rent Bumps Yes
Broker Co-Op Yes
Year Built 2023
Acreage 1.400
Parking Spaces 67 spaces
Parking per 1,000 SqFt 10.87
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Rent Commencement 11/18/2023
Ground Lease No
Sale Condition 1031 exchange
Close to Fort Knox Military Base | Strong Two-Tenant Site
Marketing description
Located on a hard signalized corner in a dense retail corridor with a combined traffic count of 43,000+ vehicles per day in front of the site. and immediately in front of Radcliff Square (150,000 SF retail center)
10-year corporate net leases with Investment grade tenants
1.5 miles from Fort Knox (22,000+ employees and 13,000+ indirect jobs) with an economic impact of $5B
Close proximity to the new $5.8B Ford Electric Battery Plant, which will create more than 5,000 jobs
Strong five-mile average household income of $82,070 (expected to grow 15% by 2029)
Investment highlights
New Publicly-traded Corporate 10-year Leases to Starbucks & T-mobile
- Starbucks Corporation is the world's premier coffee company, with over 38,000 locations worldwide and $36B in annual revenue
- T-Mobile is one of the United States premier wireless carriers, boasting total revenue in excess of $78.58 in 2023
- HIGH TRAFFIC LOCATION ON PROMINENT SIGNALIZED HARD CORNER
- Located in the most densely developed portion of the surrounding retail corridor, Dixie Highway Corridor
- Maximum visibility and large pylon sigriage with dual points of full access
Surrounded by Several Strong Traffic Drivers Including Fort Knox
- Starbucks is a unique military tribute store honoring service members due to proximity to Fort Knox - see interior photos on page 2
- Surrounding national tenants include Walmart Supercenter, Aldi, Ollie's Bargain Barn, Walgreens, McDonald's, Arby's, Planet Fitness, and others
- Eight schools within a three-mile radius of the site, providing further traffic drivers
- Hardin County is the fastest-growing county in Kentucky
2023 Construction With Dedicated Drive-thru
- Upgraded 2023 stone construction with dedicated drive-thru
- Large 1.4-acre site with ample parking
Listing Contacts
Listed by Cushman & Wakefield - Sacramento, California
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Loan Amount
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Annual Debt Service
$--
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Annual Cash Flow
$204,095.00
$17,007.92/mo
Valuation Metrics
0
DSCR
6.5%
Cap Rate
6.5%
ROI
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Zoning
C CommercialGeneral CommercialCommercial
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View all 24 uses Last updated Apr 2, 2026 For deeper zoning details, reports are available at Zoneomics
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