Starbucks | Lexington, NC
Retail | 6.50% CAP | 2,288 SqFt
Investment highlights
ATTRACTIVE LEASE FUNDAMENTALS
Corporate Guarantee from Credit Rated Tenant
10% rental increases every 5 years including options
Six (6) - five (5) year options
Minimal LL responsibilities
CORPORATE GUARANTEE FROM CREDIT TENANT
Starbucks has a S&P credit rating of BBB+
Over 35,000 locations worldwide
$30.3B Total Revenue
NEARBY MARKET DRIVERS
North Davidson High School with over 1,000 students is located under a mile from the site
Less than 1 mile from the site is Atrium Windows and Doors which employs more than 10,000 people at their factory 375K SF factory in Lexington, NC
LARGE INDUSTRIAL PRESENSE
Within a 1-mile radius of the site is more than 1.3M SF of industrial space
Nearby industrial employers include: Atrium Windows and Doors, ASCO Power Technologies, BMK Americas, Greif Welcome, and more
HIGH TRAFFIC, INTERSTATE LOCATION FOR BUILT-IN CUSTOMERS
New build-to-suit Starbucks
Directly off of I-285 (58.5K VPD) on Old US Hwy 52 (15.5K VPD) with cross access to a lighted intersection
Warranties will be assigned to the new owner
Ability to advertise on nearby interstate billboard, with Starbucks reimbursing
HIGH GROWTH TRIAD AREA
Over 1.7M people live in Triad
The region has over 900K jobs with a 2.3% job growth since 2022
Toyota is investing over $13.9B in their electric vehicle battery manufacturing facility that will bring over 3K jobs to the region
Listing Contacts
Valuation Calculator
Valuation Metrics
Map
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Is there information that looks off?












