Listed by Echo West Capital Advisors
$3,750,000
Starbucks
Details
Property Type Retail
Sub Type QSR/Fast Food
Square Footage 2,313
Net Rentable (SqFt) 2,313
Units 1
Cap Rate 5.55%
NOI $208,000
Occupancy 100%
Tenancy Single
Brand/Tenant Starbucks
Lease Type NN
Lease Expiration 09/30/2035
Remaining Term 9.3
Rent Bumps Yes
Price per SqFt $1,621
Year Built 2025
Buildings 1
Stories 1
Acreage 0.690
Investment Type Net Lease
Lease Commencement 09/26/2026
Ground Lease No
Ownership Fee Simple
Brand New 2025 Construction | 5.55% CAP
Investment highlights
- Brand New 2025 Construction - Completed in 2025, this newly built Starbucks features modern design, high-end finishes, and a drive-thru built to current brand standards. The asset offers full depreciation potential and minimal near-term capital requirements.
- Global Brand – Starbucks Corporation - Starbucks (NASDAQ: SBUX) is one of the world’s most recognized consumer brands, with over 38,000 stores globally. The company’s strong credit profile and market leadership provide investors with dependable income backed by a premier tenant.
- Strategic Colorado Springs Location - Situated in the booming Interquest corridor, the property benefits from high traffic volumes, nearby national retailers, and close proximity to the U.S. Air Force Academy. This is one of the city’s most sought-after growth zones for retail and residential development.
- Drive-Thru Equipped – Sales Optimized Layout - Featuring a modern drive-thru, this location is optimized for high customer throughput and convenience —two key factors driving Starbucks’ strong unit-level performance across suburban markets.
- Limited Landlord Responsibilities - The lease structure requires only minimal landlord obligations, typically limited to roof and structure. This offering provides a balance of passive income and tenant security in a prime, high-growth market
- Affluent Demographics & Strong Daytime Population - The surrounding area boasts strong household incomes and a robust daytime population driven by nearby employers, retail, and the U.S. Air Force Academy. These favorable demographics support consistent foot traffic, strong store performance, and long-term tenant success.
- Immediate Freeway Access to Powers Blvd Extension (Est. Completion 2030) - The subject site will benefit from direct freeway access from the Powers Blvd extension project, which will connect major arteries Powers Blvd (SH-21) and I-25. The overpass at Old Northgate Road will only have access at Voyager Parkway, where the subject site is located. The extension project is actively under construction and expected to be fully open in 2030.
Listing Contacts
Listed by Echo West Capital Advisors
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$208,000.00
$17,333.33/mo
Valuation Metrics
0
DSCR
5.55%
Cap Rate
5.55%
ROI
Map
Zoning
PDZ PlannedPlanned Development Zone District
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Last updated May 8, 2026 For deeper zoning details, reports are available at Zoneomics
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