Details

Property Type Retail Sub Type QSR/Fast Food, Restaurant
Square Footage 1,662 Cap Rate 5.25%
NOI $172,000 Occupancy 100%
Tenancy Single Brand/Tenant Starbucks
Lease Type Absolute NNN Lease Term 10
Lease Expiration 05/01/2036 Remaining Term 9.7
Rent Bumps Yes Lease Options 4 (5-year)
Price per SqFt $1,971 Year Built 2026
Acreage 0.470 Zoning NC- Neighborhood Commercial
Tenant Credit Corporate Guarantee Lease Commencement 05/01/2026
Ground Lease No Ownership Fee Simple (Land & Building Ownership)

SINGLE TENANT NN DRIVE-THRU QSR

Investment highlights

  • Investment Grade Tenant (S&P: BBB+) | New 10-Year Lease | 10% Increases Every 5 Years | Brand New Construction
  • NN Lease | Fee Simple Ownership | Limited Landlord Responsibilities
  • Signalized, Hard Corner Intersection | Dense Retail Corridor
  • Strong Demographics in 5-Mile Trade Area | Affluent Incomes

Valuation Metrics

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Third-Party Listings Disclaimer

All commercial and investment properties shown are sourced from Crexi and are listed by third-party brokers, as indicated by the Broker Reciprocity logo. Lillian Wong provides buyer representation for these and similar commercial properties. Contact Lillian to schedule showings, request offering memoranda, or discuss investment strategy.

Information is supplied by listing brokers and other third parties and has not been verified. All pricing, property details, and availability are subject to change without notice. Interested buyers should contact Lillian directly to verify current status and arrange due diligence.

Source: Crexi. All listings represented by third-party brokers. Lillian Wong represents buyers in commercial transactions.

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