Property Details

Starbucks Coffee

Bradenton, FL
Property ID: 2178

    Financial Summary

    Asking Price $3,050,000
    Cap Rate 5.25%
    Net Operating Income (NOI) $160,322
    Lease Type NN
    Lease Term Remaining 11 Years
    Increases 10% Every 5 Years
    The Offering Memorandum for this property is no longer available.

    Contact

    Patrick R. Nutt
    Managing Partner
    703.787.4714
    Andrew Fallon
    Executive Managing Director
    703.787.4733

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    Highlights

    • Early lease renewal with 10 year extension
    • 10% increase every 5 years
    • Investment grade tenant, S&P: A-, Moody's: A2
    • Lowe's anchored Creekwood Crossing Shopping Center with other national retailers including Bealls, BP , Chick-fil-A, Bob Evans, LA Fitness Center, PNC Bank and more
    • Interstate-75 location
    • Florida has no state income tax

    Net Lease Advisor

    For more information on this tenant, including averages, overview and credit ratings, visit NetLeaseAdvisor.com.

    Location

    7386 52nd Place East
    Bradenton, FL

    Traci BidingerStarbucks Coffee