Listed by SVN Second Story Real Estate Management- Atlanta
$2,848,000
New Starbucks | 10-Yr Net Lease
Details
Property Type Retail
Sub Type QSR/Fast Food
Square Footage 2,443
Cap Rate 6.25%
NOI $178,000
Occupancy 100%
Tenancy Single
Brand/Tenant Starbucks
Lease Type NN
Lease Term 10
Lease Expiration 02/21/2036
Remaining Term 9.6
Rent Bumps Yes
Lease Options Four, 5-Year Options
Price per SqFt $1,166
Class A
Year Built 2026
Acreage 0.890
Investment Type Net Lease
Lease Commencement 02/22/2026
Occupancy Date 02/22/2026
Ground Lease No
Retail | 6.25% CAP | 2,443 SqFt
Investment highlights
INVESTMENT GRADE TENANT:
- Corporate lease guaranteed by Starbucks (S&P: BBB+)
- More than 35,000 locations worldwide
- $30.3B in annual revenue
BRAND NEW 10-YEAR NET LEASE
- Corporate guarantee from Starbucks
- 8% rental increases every five years, including options
- Four, 5-year renewal options
- Minimal landlord responsibilities
NEW CONSTRUCTION DRIVE-THRU LOCATION
- Build-to-suit Starbucks opened February 23, 2026
- Designed to capture commuter traffic
- Transferable construction warranties help limit near-term capital expenditures
STRONG VISIBILITY & REGIONAL CONNECTIVITY
- Located on U.S. Route 231 (21,200 VPD) near U.S. Route 41A (23,000 VPD)
- Direct connectivity to surrounding communities and regional employment centers
- Within an hour of Nashville International Airport
PROXIMITY TO MAJOR GROWTH MARKETS
- 25 miles south of Murfreesboro, one of the fastest-growing cities in the U.S.
- 50 miles south of Nashville, one of the Southeast’s strongest economic markets
STARBUCKS EXPANDING IN NASHVILLE
- Starbucks recently announced plans to open a Southeast corporate operations office in Nashville, reinforcing the company’s growing presence in the region
Listing Contacts
Listed by SVN Second Story Real Estate Management- Atlanta
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Loan Amount
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Annual Debt Service
$--
$--
Annual Cash Flow
$178,000.00
$14,833.33/mo
Valuation Metrics
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DSCR
6.25%
Cap Rate
6.25%
ROI
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