Listed by Silber Investment Properties Ltd
$1,751,000
Starbucks
Details
Property Type Retail
Sub Type QSR/Fast Food, Restaurant
Square Footage 2,377
Cap Rate 6.50%
NOI $113,837
Occupancy 100%
Tenancy Single
Lease Type NN
Lease Expiration 02/28/2030
Remaining Term 3.6
Rent Bumps Yes
Lease Options 4 @ 5Years
Year Built 2021
Acreage 0.650
Investment Type Net Lease
Tenant Credit Credit Rated
Retail | 6.50% CAP | 2,377 SqFt
Marketing description
This Starbucks property is located at 703 Pike St in Marietta, Ohio. The property features a 2,377 SF building on 0.65 acres with a corporate-guaranteed NN lease (Roof + Structure) through February 2030. The tenant is Starbucks, a BBB+ (S&P) credit-rated company with over 35,711 locations and $8.7 billion in revenue. The lease includes four 5-year options with 10% rent increases every 5 years, providing a strong 6.5% cap rate on the $1,751,000 asking price.
Investment highlights
- Prime corner location at a signalized interaction for maximum visibility and access.
- High traffic corridor - 30,363 vehicles per day on Pike St.
- Strategically positioned near multiple hotels and strong national retailers.
- Excellent accessibility just off Interstate 77.
- Modern Construction - Built in 2021.
- Nearby Retailers Include: ALDI, Walmart Supercenter, Dairy Queen, Texas Roadhouse, Denny's, etc.
Listing Contacts
Listed by Silber Investment Properties Ltd
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
$113,836.80
$9,486.40/mo
Valuation Metrics
0
DSCR
6.5%
Cap Rate
6.5%
ROI
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Is there information that looks off?
