Showing posts with label Starbucks. Show all posts
Showing posts with label Starbucks. Show all posts

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