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34218333
34218334

7331 US-24, Colorado Springs, CO 80915

RT
CO IA. 100089126
SRS Real Estate Partners Newport Beach
Listed by SRS Real Estate Partners Newport Beach
$2,684,000
2 days on market
Updated 2 days ago

Starbucks

Details
APN 5408305007
Property Type Retail
Sub Type QSR/Fast Food
Square Footage 2,425
Cap Rate 5.5%
NOI $147,619
Tenancy Single
Brand/Tenant Starbucks
Lease Type NNN
Lease Term 10
Lease Expiration 03/31/2035
Remaining Term 8.7
Rent Bumps Yes
Lease Options 4 (5-year) options to extend with 10% increases at the beginning of each option
Year Built 2024
Acreage 0.790
Zoning Commercial Regional
Parking Spaces 25 spaces
Parking per 1,000 SqFt 10.31
Investment Type Net Lease
Lease Commencement 03/26/2025
Ground Lease No
Ownership Fee Simple (Land & Building Ownership)

Retail | 5.50% CAP | 2,425 SqFt

Marketing description

SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in a newly constructed Starbucks investment property located in Colorado Springs, Colorado. The tenant, Starbucks Corporation, executed an 10-year lease expiring March, 2035 with 4 (5-year) options to extend, demonstrating its long-term commitment to the site. The lease features attractive 10% rental increases every 5 years throughout the initial term and option periods, providing steady NOI growth and a hedge against inflation. The property is leased on a NNN basis with limited landlord responsibilities, creating an attractive investment opportunity with durable income backed by one of the world's most recognized retail brands.

Investment highlights

  • Corporate lease with Starbucks Corporation
  • 10-year initial term (expiring March, 2035) with 4 (5-year) option periods to extend
  • Attractive 10% rental increases every 5 years throughout the initial term and option periods, providing built-in NOI growth and inflation protection

Listing Contacts

RT
CO IA. 100089126
SRS Real Estate Partners Newport Beach
Listed by SRS Real Estate Partners Newport Beach

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$147,619.00
$12,301.58/mo

Valuation Metrics

0
DSCR
5.5%
Cap Rate
5.5%
ROI

Map

Zoning

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CR CommercialSpecial CommercialCommercial Regional
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Last updated Jun 30, 2026 For deeper zoning details, reports are available at Zoneomics

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