Starbucks | New 10-Year Corporately Guaranteed Lease

The subject property is a newly constructed Starbucks drive-thru located in Abbeville, LA.​ The brand-new 10-year lease is corporately guaranteed by Starbucks and includes structured rental increases every 5 years in the primary term and in the (4) five-year option periods.​

This brand-new Starbucks is located in a vibrant area benefiting from excellent visibility and access along Veterans Memorial Drive, with traffic counts exceeding 21,500 vehicles per day.​ The property is surrounded by a growing population, with 188,000 residents within 15 miles and an average household income exceeding $95,000 annually.​ The site’s location in a high-traffic corridor ensures steady foot and vehicle traffic, making it an ideal investment opportunity.​ This investment offers a stable, long-term income stream backed by one of the most reputable global coffee brands.​ The NNN lease structure ensures minimal landlord responsibility while providing consistent rental growth every 5 years.​

National retailers in the immediate vicinity include AutoZone, Walgreens, Wendy’s, O’Reilly Auto Parts, Fresenius, Dollar General, Capital One, Subway, Domino’s, Walmart, Verizon, Dollar Tree, AT&T, Chili’s, Lowe’s, Goodwill, and many more.​

New 2024 High-Quality Construction with Drive-Thru

New 10-Year Lease Corporately Guaranteed by Starbucks (NASDAQ: SBUX) - Rated BBB+ by S&P

Located on Veterans Memorial Drive with Traffic Counts Exceeding 21,500 Vehicles Per Day

Structured Rental Increases Every 5-Years and in All (4) 5-Year Options

Surrounded by a Growing Population with 188,000 Residents in 15-Miles & Average Household Income Exceeding $95,000 Annually