Property Details

Starbucks/Aspen Dental

Bartow (Tampa), FL
Property ID: 9439

Financial Summary

Asking Price $4,030,000
Cap Rate 6.00%
Net Operating Income (NOI) $241,775
Lease Type NN
Lease Term Remaining 10 Years
The Offering Memorandum for this property is no longer available.

Contact

Patrick R. Nutt
Managing Partner
703.787.4714
Connor Barton
Investment Sales Associate
703.787.4714

Share Property

Highlights

  • Brand new construction – 2 tenants with drive-thru Starbucks
  • Corporate 10-year leases with 10% rent increases every 5 years
  • Great visibility along heavily trafficked corridor (44,000 VPD on N Broadway Ave)
  • Bartow is 45 miles east of Tampa, FL
  • The only Starbucks within 15 mile radius
  • 20-year transferable roof warranty
  • Tenants are responsible for HVAC

Location

1590 N Broadway Ave
Bartow (Tampa), FL

Traci BidingerStarbucks/Aspen Dental