Starbucks
Retail | 5.50% CAP | 2,500 SqFt
Marketing description
Anzco Real Estate Services is pleased to exclusively offer for sale a brand new 2025 prototypical Starbucks Coffee shop located at 7111 Red Bug Lake Road in Oviedo, Florida. This property features a 10-year NN lease with corporate guarantee backed by Starbucks (NSDQ: SBUX), with 10 percent rental increases every five years and multiple renewal options. The 2,500± SF building sits on .89± acres with 44 total parking spaces including 24 on-site and 20 adjacent spaces.
The property is strategically positioned on Red Bug Lake Road with over 42,000 ADT at a traffic light controlled intersection, approximately 1 mile west of the Florida 417 Interchange. The location benefits from a dense trade area in the Orlando MSA with more than 227,000+ residents within 5 miles and strong demographics including an average household income of $112,569 within 1 mile.
Investment highlights
- Corporate guarantee backed by Starbucks (NSDQ: SBUX) with nearly 42,000 locations worldwide and $37B in revenue for 2025
- 2025 construction prototypical Starbucks design
- 10 Year NN Lease with corporate guaranty
- 10 percent rental increase every five (5) years with multiple renewal options
- Dense trade area in the Orlando MSA – total population of more than 227,000+ residents within 5 miles
- Located on Red Bug Lake Road with over 40,000 ADT at a traffic light controlled intersection
- 1 mile west of the Florida 417 Interchange a major north/south highway on the east side of Orlando
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