Listed by Bang Realty, Net Lease Realty Partners
$2,475,000
Starbucks
Details
Property Type Retail
Sub Type QSR/Fast Food
Square Footage 2,400
Cap Rate 5.25%
NOI $130,000
Occupancy 100%
Tenancy Single
Brand/Tenant Starbucks
Lease Type NN+
Lease Term 15.1
Lease Expiration 10/31/2038
Remaining Term 12.4
Rent Bumps Yes
Price per SqFt $1,031
Acreage 1.880
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 10/11/2023
Starbucks Located in an incredible retail area with High Traffic Counts
Marketing description
Introducing an exceptional investment opportunity with Starbucks in Jackson, Tennessee! This single-tenant net lease property boasts a 5% cap rate, offering a reliable income of $130,000 per year with approximately 12.9 years remaining on the lease. The Starbucks store features a drive-thru and is strategically located near Union University in a bustling retail area with high traffic flow.
The property has been fully customized as a Starbucks store, demonstrating the tenant's commitment to the location. With a corporate credit tenant and no termination clause, this investment ensures a hassle-free income stream for passive owners. Situated in a prominent retail center anchored by major brands, the property benefits from excellent visibility and access, making it an attractive addition to any investor's portfolio.
Don't miss out on this prime investment opportunity at 12 Stonebridge Blvd, Jackson, Tennessee! Contact us today to learn more about this attractive net lease property.
Investment highlights
Major Retail Area w/ Busy Traffic
Corporate Credit Tenant
Listing Contacts
Listed by Bang Realty, Net Lease Realty Partners
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Loan Amount
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Annual Debt Service
$--
$--
Annual Cash Flow
$130,000.00
$10,833.33/mo
Valuation Metrics
0
DSCR
5.25%
Cap Rate
5.25%
ROI
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