Starbucks | Long-Term NNN Tenant Investment
Starbucks | 5.25% CAP | 2,316 SqFt
Marketing description
AiCRE Partners, as exclusive investment sales advisor to Seller, is pleased to offer the opportunity to acquire the fee simple interest in the Starbucks in Blackfoot, Idaho. Built in 2026, the 2,316 SF freestanding restaurant sits on a 0.99-acre parcel with drive-thru and is operated under a 10-year NNN lease. The lease features rental increases every 5 years of the primary term as well as in each of four (4) five-year renewal options.
The property is strategically positioned along Parkway Drive (±19,500+ VPD) within Blackfoot’s primary retail corridor and directly adjacent to the dominant Walmart Supercenter, the city’s leading daily-needs anchor and highest-traffic retail driver. As an outparcel within the region’s core shopping node, the site benefits from strong visibility, convenient access, and consistent cross-shopping traffic generated by grocery, discount retail, and service-oriented tenants.
Investment highlights
High daily traffic generator.
Strategically positioned along Parkway Drive (±19,500+ VPD) within Blackfoot’s primary retail corridor and directly adjacent to the dominant Walmart Supercenter.
Limited Competition/Strong Brand Dominance.
Stable employment: Anchors Driving Household Formation Major regional employers in agriculture processing, packaging, distribution, and healthcare continue to support job growth and residential absorption.
Long-term lease structure with passive income, minimal landlord responsibilities, and a globally recognized credit tenant.
Zoning, entitlement, and construction constraints limit new drive-thru supply, enhancing store performance and real estate value.
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