Property History
Property Type
Property Type
Property Subtype
Investment Highlights
- New 10-year corporate lease (NASDAQ: SBUX) | Minimal landlord responsibilities for roof and structure | 20-year, transferable roof warranty
- 2021 construction | free-standing café with drive-thru and patio seating
- Fixed, 10% increases in year 6 of the base term and in each option period
- Industry-leader with investment-grade credit (BBB+/Baa1) | 32,000 locations worldwide
- Ideal tenant synergy | Walmart, Lowe’s, Sam’s Club all within walking distance of the site
- Only freestanding Starbucks within a 3.6-mile radius | Ample designated parking spaces and drive-thru stacking
- Access and visibility to Shorter Avenue and just off corner from the intersection of Shorter & Redmond Circle | 41,800 cars per day
- About 2 miles from Redmond Regional Medical Center | Fortune/IBM Watson Health 100 Top Hospitals | 230 beds
- Less than 3 miles from Berry College | 2,000+ total students
- On the go-to-work side of the street and directly across from West End Elementary School (850+ students)
- 28,832 residents within a 3-mile radius | $66,000 average household income
- Located within a main retail corridor with major, national tenants such as Walmart Supercenter, Sam’s Club, Lowe’s, Planet Fitness, Big Lots, Harbor Freight Tools, Wells Fargo, SunTrust Bank, Dollar Tree, Family Dollar, McDonald’s, Taco Bell, Del Taco, Zaxby’s, Sonic, Little Caesars, Wendy’s, Jack’s, among others
Loan History
Financial History
****** Data
Net Operating Income
Reporting Date
Tax History
Contact Information
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Ownership Information
Zoning
C-C CommercialNeighborhood CommercialCommunity Commercial
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View all 296 uses
View all 296 uses Last updated Jun 2, 2026 For deeper zoning details, reports are available at Zoneomics
Property Details
Contacts
Listing removed on
BY:
Calvin Short PRO
•••.•••.2009
••••••.•hort@•••••.com
Listing removed on
BY:
Aron Cline PRO
•••.•••.0233
••••.•line@•••••.com
Listing removed on
BY:
Gary Chou PRO
•••.•••.2012
••••.chou@•••••.com
Map
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