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31541011
31541010

12645 Beach Blvd, Jacksonville, FL 32246

BP
TX TX 538293
DUWEST
WW
TX TX 596941
DUWEST
GT
TX TX 836901
DUWEST
JT
TX 792098
DUWEST
AS
TX 700062
DUWEST
MB
TX 711586
DUWEST
Listed by DUWEST
$4,095,000
103 days on market
Updated 9 days ago

Starbucks - Jacksonville, Florida

Details
Property Type Retail
Sub Type QSR/Fast Food
Square Footage 2,827
Cap Rate 5.25%
NOI $215,000
Occupancy 100%
Tenancy Single
Brand/Tenant Starbucks
Lease Type NN
Lease Term 10
Lease Expiration 04/30/2036
Remaining Term 9.9
Rent Bumps Yes
Lease Options Six, Five-Year Options @ 110% of Prior Base Rent
Price per SqFt $1,449
Year Built 2026
Acreage 1.000
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 04/27/2026
Occupancy Date 04/27/2026

52,500 VPD - Grocer Anchored - New Construction

Marketing description

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 April 27, 2026. The Property benefits from a prime location with

frontage along Beach Boulevard, providing visibility and access to 52,500 vehicles per

day.

Starbucks is a popular, multinational operator of coffee house and roastery reserves

headquartered in Seattle, Washington. The company currently has 40,990 locations

around the world, making Starbucks the definitive global leader of the consumer coffee

industry. Since going public in 1992, Starbucks' stock, (NYSE:SBUX), has climbed to

$96.80 per share with a market cap of $110.34 billion. In 2025, Starbucks reported over

$37.18 billion in annual revenue.

The Property is located just east of the intersection of Kernan Boulevard South (13,700

VPD) and Beach Boulevard (52,500 VPD), with access and frontage along the latter.

Beach Boulevard serves as one of Jacksonville's main east-west thoroughfares from the

city to the beach, ideally situating the Property to benefit from high volume commuter

& recreational traffic. Additionally, the Property draws from a dense & wealthy

demographic, with a population of 183,358 and average household income of nearly

$118,256 in a five-mile radius.

The acquisition of this Starbucks offers investors an outstanding 10-year corporate lease,

10% income increases every 5 years, and a highly visible, easily accessible location along

one of Jacksonville's most heavily trafficked corridors. With minimal landlord

responsibilities and the backing of one of the world's strongest retail brands, this

property represents an exceptional opportunity for investors seeking stable, long-term

income with upside potential.

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

Listing Contacts

BP
TX TX 538293
DUWEST
WW
TX TX 596941
DUWEST
GT
TX TX 836901
DUWEST
JT
TX 792098
DUWEST
AS
TX 700062
DUWEST
MB
TX 711586
DUWEST
Listed by DUWEST

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$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$215,000.00
$17,916.67/mo

Valuation Metrics

0
DSCR
5.25%
Cap Rate
5.25%
ROI

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