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Starbucks

Retail | 5.75% CAP | 4,358 SF

Listing Contacts

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Active

Asking Price: $3,043,000
Listing Broker NameBrian Brockman
Address 

200 Mohawk Trail, Greenfield, MA 01301

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Date Added
Jan 9, 2025
Days on Market
66 days
Time Since Last Update
66 days

Details

Property TypeRetail
SubtypeQSR/Fast Food
Investment TypeNet Lease
Investment Sub TypeRestaurant - Quick Service
Lease TypeNN
Tenant CreditCorporate Guarantee
TenancySingle
Brand/TenantStarbucks
Lease Term10 years
Lease Commencement02/01/2025
Lease Expiration01/31/2035
Remaining Term9.9 years
Square Footage4,358
Price/Sq Ft$698.26
Cap Rate5.75%
NOI$175,000
Year Built2025
Lot Size (acres)1.45
OwnershipFee Simple

Marketing Description

NNN Pro is pleased to present the exclusive listing for a Starbucks located at 200 Mohawk Trail, Greenfield, MA 01301.​ The site consists of roughly 4,358 rentable square feet of building space with a drive-thru on an estimated 1.45-acre parcel of land.​ This Starbucks is subject to a 10-year Double Net (NN) lease, which commences 2/1/2025.​ The current annual rent is $175,000 and has scheduled increases of 10.00% every 5 years.​

Investment Highlights

  • Brand New 10-Year Lease for Newly Constructed Starbucks | Starbucks has signed a double-net lease at this Greenfield location, which is currently under construction and expected to be completed by early 2025. Under the lease, the landlord is only responsible for the roof and structure.

  • 10% Rental Increases Every 5 Years | The lease is subject to 10% rental increases which occur every 5 years and will continue into the 4, 5-year option periods.

  • Conveniently Located Starbucks with Drive-Thru | This Starbucks property features a drive-thru and is strategically located just off the highway, providing drivers with quick and easy access. Its prime location ensures high visibility to passing traffic, making it an ideal destination for fast, convenient service.

Valuation Calculator

Valuation Calculator

Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$175,000.00
$14,583.33/mo

Valuation Metrics

0
DSCR
5.75%
Cap Rate
5.75%
ROI

Due Diligence

Due diligence information will be provided.
Please reach out to the listing contacts for details.

Contact

Listing Contacts

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Broker Name
Brian Brockman
Broker License
1000169
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