Starbucks - Gainesville FL
Single Tenant NN w/ Drive-Thru
Marketing description
SRS Real Estate Partners is pleased to exclusively market for sale a single-tenant Starbucks property located in Gainesville, Florida. This investment opportunity features a corporate-signed NN lease with over 8 years remaining on the initial term and 3 (5-year) options to extend. The lease includes 10% rental increases at the beginning of each option period, demonstrating Starbucks' long-term commitment to this high-performing location.
The property is strategically positioned at the signalized four-way intersection of SW 43rd Street and SW Archer Road (51,500 VPD), just west of Interstate 75 (104,500 VPD). The site benefits from exceptional co-tenancy, located next door to the #1 Wawa location in Florida (98th percentile nationwide) and adjacent to the #1 Texas Roadhouse in Florida (98th percentile nationwide). The property is also positioned near the newly constructed HCA Florida Gainesville 55-acre Hospital and Medical Campus opening in May 2026, and is half a mile from Butler Plaza which attracts 10.5M+ visitors annually.
Located just 1.8 miles from the University of Florida, the fifth largest public university in the United States with over 62,000 students and 20,000 employees, this Starbucks benefits from consistent traffic throughout the year. The 5-mile trade area boasts strong demographics with more than 151,000 residents, 93,000 employees, and an average household income of $91,788.
Investment highlights
- 8+ Years Remaining | Options To Extend | Corporate Signed | Scheduled Rental Increases
- NN Leased | Fee Simple Ownership | No State Income Tax | Limited Landlord Responsibilities
- Gainesville, FL | Strong Demographics In 5-Mile Trade Area
- Signalized, Four-Way Intersection | Off I-75 (104,500 VPD) | Next to #1 Wawa and Texas Roadhouse Locations in FL | UF (62,000 Students)
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