Starbucks | New Construction
Retail | 6.25% CAP | 2,297 SqFt
Marketing description
9+ Years Remaining on Brand New 2025 Construction with Drive-Thru | Corporately Guaranteed NN+ Lease | Four, Five-Year Options with 7.5% Rental Increase Every Five Years During the Initial Term and Options | No Kickout Clause
Located at Signalized Hard Corner with Visibility to Lima Road (27,000+ VPD) | One of the Most Affluent Submarkets in Fort Wayne (Average Household Incomes of $135,448 and $125,409 within Three & Five Miles
Starbucks is an Investment-Grade Tenant with $37.2 Billion in Annual Revenue | Starbucks is the Largest Coffeehouse Chain Globally with Over 41K Stores | S&P Rating is BBB+
Located One Mile North of Planned Kroger Marketplace – 100,000+ Square Foot Kroger, Fuel Center, and Commercial Outlots | Located One Mile South of Huntertown Crossing, a 34-Acre, $76M Mixed-Use Development Anchored by a New Parkview Health Clinic
Outparcel to Shops at Copper Creek Development on 43 Acres – Including a Subdivision with 600+ Single Family Homes, a 15,000 SF Multi-Tenant Strip Center, The Learning Experience Daycare, Just 4 Kids Dentistry, and a 322-Unit Apartment Complex
Located Five Miles from Parkview Regional Medical Center – the Largest Hospital in Fort Wayne (738 Beds) | Parkview Health is the Largest Employer in the Fort Wayne MSA
Starbucks Benefits from Booming Residential Growth – Sonora Subdivision (320+ Lots), Copper Creek Subdivision (600+ Homes), Hunter’s Reserve Subdivision, Shadow Creek Neighborhood, Silverstone Estates, Broad Acres Subdivision (700+ Lots) & Twin Eagles (Master Planned Luxury Community with 346 Homes)
Located in the Fastest-Growing Zip Code in Fort Wayne – the Population Expanded by 5,317 Residents in the Last Five Years | 8,500 New Homes are Being Developed within Three Miles
Investment highlights
- 9+ Years Remaining on Brand New 2025 Construction with Drive-Thru | Corporately Guaranteed NN+ Lease | Four, Five-Year Options with 7.5% Rental Increase Every Five Years During the Initial Term and Options | No Kickout Clause
- Located at Signalized Hard Corner with Visibility to Lima Road (27,000+ VPD) | One of the Most Affluent Submarkets in Fort Wayne (Average Household Incomes of $135,448 and $125,409 within Three & Five Miles
- Starbucks is an Investment-Grade Tenant with $37.2 Billion in Annual Revenue | Starbucks is the Largest Coffeehouse Chain Globally with Over 41K Stores | S&P Rating is BBB+
- Located One Mile North of Planned Kroger Marketplace - 100,000+ Square Foot Kroger, Fuel Center, and Commercial Outlots | Located One Mile South of Huntertown Crossing, a 34-Acre, $76M Mixed-Use Development Anchored by a New Parkview Health Clinic
- Outparcel to Shops at Copper Creek Development on 43 Acres - Including a Subdivision with 600+ Single Family Homes, a 15,000 SF Multi-Tenant Strip Center, The Learning Experience Daycare, Just 4 Kids Dentistry, and a 322-Unit Apartment Complex
- Located Five Miles from Parkview Regional Medical Center - the Largest Hospital in Fort Wayne (738 Beds) | Parkview Health is the Largest Employer in the Fort Wayne MSA
- Starbucks Benefits from Booming Residential Growth - Sonora Subdivision (320+ Lots), Copper Creek Subdivision (600+ Homes), Hunter's Reserve Subdivision, Shadow Creek Neighborhood, Silverstone Estates, Broad Acres Subdivision (700+ Lots) & Twin Eagles (Master Planned Luxury Community with 346 Homes)
- Located in the Fastest-Growing Zip Code in Fort Wayne - the Population Expanded by 5,317 Residents in the Last Five Years | 8,500 New Homes are Being Developed within Three Miles
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