Starbucks - Port Charlotte, FL
ABSOLUTE TROPHY STARBUCKS | Newer Construction | Combined 68,200 ADT
Marketing description
CBRE is pleased to present the exclusive offering of a corporate-guaranteed Starbucks coffee shop located on Tamiami Trail and Murdock Circle in Port Charlotte, Florida, one of Charlotte County's primary retail corridors. The property is located within the Punta Gorda MSA, one of the fastest-growing metro areas in the U.S. and a top, high-migration area - evidenced by Charlotte County's rapid population growth over the last few years (nearly 17% from 2023-2025).
The property is a 2024-constructed, purpose-built Starbucks featuring a rare double drive-thru configuration, representing one of the brand's most current and sought-after prototype formats. The tenant operates on a NN lease with approximately 7.8 years of term remaining, backed by Starbucks Corporation, a publicly traded, investment-grade tenant (NASDAQ: SBUX) with over 36,000 locations globally.
This offering represents a rare opportunity to acquire a newer, investment-grade quick-service retail asset with built-in rent growth and a globally recognized brand in a high-growth Southwest Florida market.
Investment highlights
- Corporate Guarantee: Lease Is Guaranteed by Starbucks Corporation, Eliminating Franchisee Credit Risk
- Double Drive-Thru: High-Velocity Format Purpose-Built for Throughput, Reflecting the Brand's Current Development Standard for High Traffic Locations
- Built 2024: New Construction Asset with Minimal Near-Term Capital Expenditure Requirements
- Structured Rent Growth: 10% Rental Increases Every Five Years in Option Periods Provide a Hedge Against Inflation
- Long-Term Renewal Runway: Six 5-Year Renewal Options Extending Landlord Optionality Well Beyond the Primary Term
- NN Lease Structure: Reduced Landlord Obligation with Tenant Responsible for the Majority of Operating Expenses
- Port Charlotte Growth Market: Charlotte County Ranks Among Florida's Fastest-Growing Counties Driven by In-Migration, Affordability, and Expanding Retail Demand
- Charlotte County's Absolute #1 Location: The Crossroads Where the County's Most Active Retail Node Meets its Fastest-Growing Residential Base
- A+ Location Grade: Irreplaceable, Multi-Generational, Legacy Real Estate
- Enormous 68,200 Daily Average Traffic Count
- US 41 – The County's Highest Traveled Business & Commuter Thoroughfare Connecting Tampa to Miami
- Excellent Sightline, Visibility, Exposure & Signage
- Ideal Building Shape, Linear to US 41
- Only Starbucks Location in 5 Mile Area
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