1928 Alafaya Trail - Fast Food FOR SALE


Orlando, FL 32828- East Orlando
$3,635,000 USD
949-412-1616
1928 Alafaya Trail, Orlando, FL for Sale
$3,635,000 USD
Fast Food - FOR SALE
1/6
null | 5.2% Cap Rate

1928 Alafaya Trail
Orlando, FL 32828
East Orlando


HIGHLIGHTS

  • Credit income stream backed by Starbucks (NSDQ: SBUX), the world’s top coffee brand with 40,000+ locations and $36B+ in 2024 revenue
  • Long-term 10-year lease with rare 10% rent increases every 5 years, offering inflation protection and strong value growth
  • Newly built, prototypical drive-thru Starbucks location designed for high performance, generating up to 50% more revenue than non-drive-thru sites
  • Prime street-front pad location with drive-thru on S. Alafaya Trail (29,000+ VPD), directly across from a high-traffic Publix supermarket
  • Single-tenant NNN lease offering passive investors a secure income stream, minimal landlord responsibilities, & no maintenance due to new construction
  • Fee simple investment with land and building ownership, tax benefits, and strong cash flow in rapidly growing, business-friendly Orlando.

OVERVIEW

FLORIDA BROKER OF RECORD... SCOTT AYRES DeYOUNG ...FL BK 3421401 Faris Lee Investments is pleased to offer a STNL freestanding, Starbucks on a triple net lease in Orlando, Florida. The newly constructed property, which opened in February 2025, is secured by a long-term 10-year lease with six, 5-year renewal options, offering potential total lease term of 40 years. The lease stipulates 10% rental increases every five years, ensuring a growing income stream and a robust hedge against inflation. This passive investment also features a drive thru which generates approximately 50% more revenue than non-drive-thru locations. The lease is secured by Starbucks Corporation (NSDQ: SBUX), the world’s largest coffee retailer and best-in-class coffee brand. As of May 2025, Starbucks boasts a market capitalization over $94 billion and generated over $36 billion in revenue in Fiscal Year 2024. With over 18,000 restaurants in the United States and over 40,000 locations worldwide, Starbucks continues to demonstrate aggressive growth and financial strength, providing exceptional credit for a passive investment. The Starbucks property benefits from a highly desirable street frontage pad location along the heavily trafficked S. Alafaya Trail (29,000 vehicles per day), ensuring significant visibility and accessibility. Additionally, the property benefits from its proximity to a high-volume Publix Supermarket situated across the street. The surrounding area possesses strong demographics, including over 177,000 residents and more than 41,000 daytime employees within a 5-mile radius, with an average household income exceeding $92,000. Located in Orlando, Florida, the property is situated in a business and tax-friendly state and an excellent investor market. Orlando is recognized as the second fastest-growing region in the U.S. and the fastest-growing MSA in Florida, providing a strong demographic backdrop for retail success.

FOR SALE DETAILS

PRICE

$3,635,000 USD

PRICE/SF

$1,454 USD /SF

CAP RATE

5.2%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

New Starbucks/Across from Publix/10 Yr Lease

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Convenience Store, Freestanding, Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

28

LAND DETAILS

LAND ACRES

0.92 AC

LAND SF

40,075 SF

ZONING

-

APN/PARCEL ID

02-23-31-1995-01-002

ASK ABOUT THIS PROPERTY

Jeff ConoverFaris Lee InvestmentsMore Info
949-412-1616

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Jeff ConoverFaris Lee InvestmentsMore Info
949-412-1616

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