This offering presents the opportunity to acquire a newly constructed, corporately guaranteed Starbucks in Jacksonville, Florida. The property is secured by a 10-year NN lease with minimal landlord responsibilities limited to roof and structure, providing investors with stable, long-term income. Scheduled rent commencement begins March 16, 2026, with 10% rental increases every five years and six additional five-year renewal options, ensuring predictable cash flow and future upside.
Positioned along Beach Boulevard, one of Jacksonville’s primary east-west corridors, the property benefits from exceptional visibility and access to 52,500 vehicles per day. The surrounding area features strong demographics, including a population of over 114,000 and an average household income of approximately $148,139 within a five-mile radius.
Starbucks, a global leader in the coffee industry with over 40,990 locations worldwide, provides a corporate guarantee that enhances investment security. With a market capitalization exceeding $110 billion and annual revenues surpassing $37 billion, Starbucks represents one of the most recognized and financially stable brands in retail. This asset combines a premier location, a strong tenant, and a long-term lease structure, making it an attractive investment for those seeking reliable income and long-term value.