Listed by SRS Real Estate Partners - Global Company, SRS Real Estate Partners Newport Beach
$3,440,000
Starbucks | Reno, NV
Details
Property Type Retail
Sub Type QSR/Fast Food, Restaurant
Square Footage 1,662
Cap Rate 5%
NOI $172,000
Occupancy 100%
Tenancy Single
Brand/Tenant Starbucks
Lease Type Absolute NNN
Lease Term 10
Lease Expiration 05/01/2036
Remaining Term 9.8
Rent Bumps Yes
Lease Options 4 (5-year)
Price per SqFt $2,070
Year Built 2026
Acreage 0.470
Zoning NC- Neighborhood Commercial
Tenant Credit Corporate Guarantee
Lease Commencement 05/01/2026
Ground Lease No
Ownership Fee Simple (Land & Building Ownership)
Retail | 5.00% CAP | 1,662 SqFt
Investment highlights
Investment Grade Tenant (S&P: BBB+) | New 10-Year Lease | 10% Increases Every 5 Years | Brand New Construction
NN Lease | Fee Simple Ownership | Limited Landlord Responsibilities
Signalized, Hard Corner Intersection | Dense Retail Corridor
Strong Demographics in 5-Mile Trade Area | Affluent Incomes
Listing Contacts
Listed by SRS Real Estate Partners - Global Company, SRS Real Estate Partners Newport Beach
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$172,000.00
$14,333.33/mo
Valuation Metrics
0
DSCR
5%
Cap Rate
5%
ROI
Map
Zoning
PF SpecialPublic Facilities
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View all 152 uses Last updated Jun 22, 2026 For deeper zoning details, reports are available at Zoneomics
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