Tag: Starbucks

How Starbucks Keeps A Competitive Edge

GlobeSt.com

Starbucks is one of the world’s most recognizable brands and has continued to stay ahead of its competitors. Recently, the company announced a major expansion strategy which will grow number of Starbucks locations by over 50%. In the net lease world, their cap rates have not only compressed over the past few years but are trading lower than the national average STNL cap rates.

Starbucks-tbill-comparision-chart

The coffee giant plans to open 12,000 stores globally, especially in key U.S. markets and China by 2021, bringing a total of 37,000 stores worldwide. They also plan to introduce two new store concepts, a high-end

Traci BidingerHow Starbucks Keeps A Competitive Edge

Calkain’s Advisory Services Leads to Successful Starbucks Lease Negotiations

University of South Florida Location Retrofitted For Starbucks

Tampa, FL – Calkain Companies, America’s Net Lease Company®, was hired by the landlord of 13210 Bruce B Downs in Tampa, FL to provide strategic advice in how to reuse the former medical office building across from USF.

David Sobelman, Calkain’s Executive Vice President…

Mike VangsnessCalkain’s Advisory Services Leads to Successful Starbucks Lease Negotiations

Tenant Profile – Starbucks

Founded in 1971, Starbucks is a global brand in the quick service retail sector, specializing in the sale of high-margin specialty coffee. The company operates 22,519 stores around the world, often the ubiquitous meeting lounge for socializing amongst friends or office for entrepreneurs.  For the fiscal year ending 2014, Starbucks generated revenue of $16.44 billion and net income of $2.07 billion, with an extremely impressive gross margin of 58.54% and pre-tax operating margin of 18.7%. As of September 2015, its stock had appreciated 48% on a year-over-year basis.

JD VangsnessTenant Profile – Starbucks