Starbucks - Jacksonville, Florida
52,500 VPD - Grocer Anchored - New Construction
Marketing description
DuWest Realty Investment Services is proud to offer an exceptional opportunity to acquire a brand new Starbucks situated in Jacksonville, Florida. This prime commercial property is anchored by a corporately backed net lease, granting investors peace of mind with a solid ten-year primary term and six extended five-year options. The proactive landlord responsibilities for the roof and structure further enhance the investment's appeal, ensuring minimal oversight and maintenance costs. Anticipated rent commencement is set for March 16, 2026, providing investors a unique window to secure a highly desirable asset before cash flow begins.
Strategically located along the bustling Beach Boulevard, the Starbucks benefits from impressive visibility and direct access to a daily traffic count of approximately 52,500 vehicles. This high foot traffic area not only caters to the existing customer base but also ensures sustained patronage from the increasing population in Jacksonville, which has shown robust economic growth. Investing in this property not only positions buyers at the forefront of a thriving market but also provides a stable, long-term revenue stream in a sought-after location. With the enduring popularity of the Starbucks brand and the advantageous terms of the lease, this offering represents a compelling opportunity for investors seeking a secure and lucrative addition to their portfolios.
Investment highlights
- Lease secured by a Starbucks corporate guaranty
- 10% rent increases every 5 years
- Six, five-year renewal options @ 110% of prior base rent
- Directly adjacent to a future McDonald’s location
- Brand new construction
- Strong visibility & access along Beach Boulevard (52,500 VPD)
- Demographics that support discretionary spending in the Property’s immediate neighborhood
- Anchored by a Sprouts grocer and across the street from a Publix
- DuWest Realty Investment Services is pleased to present the opportunity to acquire Starbucks in Jacksonville, Florida (“the Property”). The Property is a corporately backed NN lease, landlord responsible for roof and structure, with a 10-year primary term and six, five-year options. The building recently finalized construction and rent will commence on March 16, 2026. The Property benefits from a prime location with frontage along Beach Boulevard, providing visibility and access to 52,500 vehicles per
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