Thursday, May 3, 2012

Net Leased Starbucks For Sale


NNN Leased Investment 


(NN)  Net Leased Starbucks Florida


                                    

                                    Price $2,000,000 | CAP Rate 6.93%
Starbucks Plant City,FL



LEASE SUMMARY

Net Operating Income                 $138,601
Credit Rating                               S&P: BBB+
Property Type Freestanding with drive-thru
Lease Type                                 NN 
Landlord Responsibilities              Roof & Structure
Lease Expiration                           Feb 28, 2018
Increases                                      10% each option
Options                                        Three (3), Five (5) year



HIGHLIGHTS

Interstate Location – OPEN 24 HOURS!! (Starbucks pays for interstate billboard advertising for this location)
Adjacent to Publix anchored shopping center, with cross access
120 ft. tall pylon sign – tallest Starbucks sign in the U.S.
Plant City is a suburb along the eastern edge of Tampa, directly on Interstate 4


LOCATION OVERVIEW

Michael Zimmerman
Vice President
(954) 790-6611

For More information Contact:

Patrick Nutt
Managing Director
(954) 302-7365

1 comment:

  1. The Boulder Group is pleased to exclusively market for sale a single tenant net leased Starbucks property located in Peoria,. Illinois. opening a gold ira account

    ReplyDelete