www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
34301715
34301904

2693 US Hwy 441 S, Okeechobee, FL 34974 For Sale

GL
FL BK607172
greg lyon
Listed by greg lyon
$4,091,000
8 days on market
Updated 8 days ago

Starbucks (Brand New 2026 NN Drive Thru)- Okeechobee, FL

Details
Property Type Retail
Sub Type QSR/Fast Food, Restaurant
Square Footage 2,500
Cap Rate 5.50%
NOI $225,000
Tenancy Single
Lease Type NN
Lease Term 15
Lease Expiration 11/21/2040
Rent Bumps Yes
Year Built 2026
Acreage 1.140
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 12/22/2025
Ground Lease No

Starbucks (Brand New 2026 NN Drive-Thru)- Okeechobee, FL

Marketing description

Index Companies is exclusively marketing the sale of a Starbucks in Okeechobee, FL. The Asset is well positioned in a high retail corridor, benefiting from strong synergy with surrounding national anchors like Walmart, Home Depot, and Publix.

This brand-new 2026 construction features a long-term 15-year lease backed by a strong Starbucks corporate guarantee and regular rental increases. The digital-forward prototype is engineered for maximum drive-thru volume and features Starbucks’ proprietary "Siren System" infrastructure, which reduces beverage production times by 30%. Located on a newly split parcel along US Hwy 441, the asset benefits from dominant AM-to-PM traffic synergy directly adjacent to a brand-new Chipotle prototype.

Investment highlights

LOCATION:

  • Prime US-441 Location: This property has direct ingress/egress access along US Hwy 441; median cut ensuring maximum exposure to heavy daily traffic
  • Retail Synergy: Positioned directly within Okeechobee's main commercial hub and surrounded by corporate retail giants including Walmart Supercenter, Home Depot, Publix, Chipotle, Dunkin Donuts, and Aspen Dental

OPPORTUNITY:

  • New Construction- 2,500 SF newly constructed STARBUCKS offering an ideal investment from an industry-leading, global brand
  • High-Volume Digital & Drive-Thru Layout: Optimized explicitly for Starbucks' newest high-volume prototype, featuring expanded vehicle stacking and streamlined staging to maximize mobile order and drive-thru capacity
  • Proprietary "Siren System" Infrastructure: Equipped with Starbucks' latest internal counter architecture, reducing beverage production times by roughly 30% to significantly accelerate peak-hour transaction volume
  • Dominant QSR Synergy with Adjacent Chipotle: Positions Starbucks next to a next-generation Chipotle prototype on the split parcel, creating a premier AM-to-PM daily-needs retail hub with continuous traffic

CORPORATE GUARANTY:

  • Starbucks (NASDAQ: SBUX)) -market cap is approximately $118.84 billion
  • 41,100+ locations across nearly 90 countries—including major markets in the United States, China, Japan, South Korea, Canada, and the United Kingdom
  • Strong brand recognition and consistent sales growth

STRONG LEASE FUNDAMENTALS:

  • 15-year NN lease with zero landlord responsibilities
  • Six (6) five-year renewal options
  • Long-term passive income backed by an investment grade tenant

PROPERTY FEATURES:

  • 2,500 SF drive-thru restaurant/QSR
  • Excellent visibility and frontage on US Highway 441
  • Across the street from Home Depot and Wal-Mart
  • Adjacent to Chipotle
  • Median Cut direct access on US 441

Listing Contacts

GL
FL BK607172
greg lyon
Listed by greg lyon

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$225,000.00
$18,750.00/mo

Valuation Metrics

0
DSCR
5.5%
Cap Rate
5.5%
ROI

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Similar Properties

View All

Additional Information

Name
greg lyon
License
BK607172
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591