Listed by SRS Real Estate Partners Newport Beach
$2,156,000
Starbucks
Details
APN M-31-4-3-1
Property Type Retail
Sub Type Restaurant, Storefront
Square Footage 2,230
Cap Rate 6.4%
NOI $138,000
Occupancy 100%
Tenancy Single
Brand/Tenant Starbucks
Lease Type NN
Lease Term 10
Price per SqFt $967
Year Built 2024
Buildings 1
Stories 1
Acreage 0.740
Zoning General Commercial
Parking Spaces 25 spaces
Parking per 1,000 SqFt 11.21
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Ground Lease No
Ownership Fee Simple
New 10-Year Corporate-Backed Lease | Scheduled Rental Increases | Adjacent to ALDI and Hobby Lobby
Investment highlights
New 10-Year Lease | Scheduled Rental Increases | Corporate Signed Lease | Well-Known & Established Brand
Outparcel to Kroger & Lowe’s Home Improvement | Strong Tenant Presence | Baptist Health Deaconess Hospital
NN Leased | Fee Simple Ownership | Limited Landlord Responsibilities
Located Along Island Ford Road | Centralized Location | Brand New Construction | Drive-Thru Equipped | Excellent Visibility
Direct Residential Consumer Base |Demographics in 5-Mile Trade Area
Listing Contacts
Listed by SRS Real Estate Partners Newport Beach
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$138,000.00
$11,500.00/mo
Valuation Metrics
0
DSCR
6.4%
Cap Rate
6.4%
ROI
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Property History
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