Listed by Atlantic Capital Partners
$3,120,000
Starbucks | 6.25% CAP | Metro Orlando
Details
Property Type Retail
Sub Type QSR/Fast Food, Restaurant
Square Footage 1,400
Cap Rate 6.25%
NOI $195,000
Occupancy 100%
Tenancy Single
Brand/Tenant CVS Pharmacy, 7-Eleven
Lease Type NN
Lease Term 10
Lease Expiration 01/31/2035
Remaining Term 8.7
Rent Bumps Yes
Lease Options 6 X 5 Years
Year Built 2008
Year Renovated 2025
Acreage 0.770
Investment Type Net Lease
Tenant Credit Credit Rated, Corporate Guarantee
Lease Commencement 01/15/2025
Ground Lease No
2025 Remodel
Marketing description
Atlantic Capital Partners has been exclusively engaged to solicit offers for the sale of this newly renovated Starbucks featuring a 10 Year Net Lease with 10% rental increases every 5 years. Starbucks has been open for business since January.
Investment highlights
- Rare opportunity to own a hyper secure, newly constructed 10-YR Starbucks in Orlando, FL
- Orlando ranked #1 nationally in employment growth in 2024 and #8 nationally in new housing starts
- High-profile location surrounded by traffic generators Wawa, Walgreens, Sonic, Taco Bell and CVS
- Clear visibility and full access to over 36,000 VPD at the intersection of 434 and Ronald Reagan Blvd
- Starbucks has an investment grade credit rating and is the largest coffee provider in the World with over 35,700 stores
- Starbucks executives have stated that drive-thru only stores deliver superior unit level economics
- Fixed 10% increases every 5 years provide a hedge against inflation and consistent rent growth
- Fee simple ownership of the building allows for depreciation boosting after tax returns
Listing Contacts
Listed by Atlantic Capital Partners
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$195,000.00
$16,250.00/mo
Valuation Metrics
0
DSCR
6.25%
Cap Rate
6.25%
ROI
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