Property Details

Starbucks Coffee

Port St. Lucie, FL
Property ID: 7693

Financial Summary

Asking Price $2,710,000
Cap Rate 4.65%
Net Operating Income (NOI) $126,000
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

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Highlights

  • Traffic signalized corner location near Walmart, The Home Depot and Target with immediate access to and from Interstate 95
  • Corporate lease guaranty by Starbucks Corporation (S&P: A-)
  • RARE - 8% increase after year 3 and 7 of the primary term
  • Brand new construction - roof has 15 year warranty
  • Tenant responsible for routine maintenance (including pot hole repair & re-striping of parking lot)

Location

2209 SW Gatlin Blvd
Port St. Lucie, FL

Traci BidingerStarbucks Coffee