STARBUCKS
Small price point net lease Starbucks property with under market rent
Investment highlights
Investment Grade Credit Tenant
The tenant is Starbucks Corporation (S&P: BBB+ | NASDAQ: SBUX), an investment-grade tenant and one of the largest QSR operators in the world.
Proven Commitment to Site
Starbucks has previously extended their lease terms early to remain in place for 10 years, rather than the scheduled 5 years at the time.
Baton Rouge MSA
Denham Springs is located just outside of Baton Rouge, Louisiana’s second largest city and home to more than 220,000 residents, Louisiana State University,
and the State Capital.The site is located within a dense retail corridor, featuring national tenants such as McDonald’s, Raising Cane’s, Burger King, Taco Bell, Sonic Drive-In, Exxon, Circle K, Dollar General, and numerous regional and local retail brands.
Convenient Interstate Access | Limited Competition
The sites sit directly on Louisiana Highway 16 (±23,000 VPD), the primary thoroughfare leading north from Denham Springs.
The site is one of two stand alone Starbucks locations in Denham Springs, and sees ±15,000 monthly visitors on average.
The site features pylon signage, easily visible from the highway and surrounding streets.
Drive-Thru Location
The site features a drive-thru, offering extra access points for consumers and increasing re-tenanting capabilities.
NN Lease Structure
The site operates on a NN lease structure, offering an investment opportunity with minimal landlord responsibilities.
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