10350 SE US Highway 441 - Fast Food FOR SALE


Belleview, FL 34420
$3,829,000 USD
954-302-7365
10350 SE US Highway 441, Belleview, FL for Sale
$3,829,000 USD
Fast Food - FOR SALE
1/11
null | 5.75% Cap Rate

10350 SE US Highway 441
Belleview, FL 34420


HIGHLIGHTS

  • Brand New 10-Year Lease | 2025 Construction | Options To Extend | Corporate Signed | Scheduled Rental Increases
  • NN Leased | Fee Simple Ownership | No State Income Tax |Limited Landlord Responsibilities
  • Fronting US-441 | Part of Larger Retail Development | Belleview Regional Center | Surrounding New Retail Development
  • Local Demographics in 5-Mile Trade Area

OVERVIEW

• Starbucks recently signed a brand new 10-year lease with 6 (5-year) options to extend, demonstrating their long-term commitment to the site • 2025 construction which features high-quality materials, high-level finishes, and distinct Starbucks design elements • The lease is corporate signed by Starbucks, an investment grade (S&P: BBB+), nationally recognized, and established firm with over 40,200 stores • The lease features 10% rental increases every 5 years and at the beginning of each option

FOR SALE DETAILS

PRICE

$3,829,000 USD

PRICE/SF

$1,532 USD /SF

CAP RATE

5.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Starbucks - Belleview FL

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Freestanding, Restaurant, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

42

LAND DETAILS

LAND ACRES

6.15 AC

LAND SF

267,714 SF

ZONING

B-4

APN/PARCEL ID

37209-000-00

ASK ABOUT THIS PROPERTY

Patrick NuttSRS Real Estate PartnersMore Info
954-302-7365

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Patrick NuttSRS Real Estate PartnersMore Info
954-302-7365

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.