2031 Oliver Lancaster Blvd - Freestanding FOR SALE


Rockport, AR 72104
$2,523,000 USD
562-230-5606
2031 Oliver Lancaster Blvd, Rockport, AR for Sale
$2,523,000 USD
Freestanding - FOR SALE
1/4
null | 6.75% Cap Rate

2031 Oliver Lancaster Blvd
Rockport, AR 72104


HIGHLIGHTS

  • 8+ years remain on a corporate net lease with 7.50% increases every five years of base term and options
  • 2024 build-to-suit construction with drive-thru
  • Corporate lease backed by investment grade tenant with (NASDAQ: SBUX, S&P: BBB+)
  • Starbucks is the largest coffee retailer in the world with 40,000+ locations globally across 80+ countries
  • FY 2025 net revenues of $37.2 billion, representing 3% year-over-year growth
  • Strategically located along Interstate 30, providing direct connectivity between Little Rock and Texarkana

OVERVIEW

This corporate Starbucks lease features 7.50% rent increases every five years throughout the base term, as well as at the commencement of each of the four (5-year) option periods. The property is strategically positioned just off I-30 which has traffic counts exceeding 55,000 vehicles per day, in close proximity to a Walmart Supercenter, McDonald’s, and other national retailers.

FOR SALE DETAILS

PRICE

$2,523,000 USD

PRICE/SF

$993 USD /SF

CAP RATE

6.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Starbucks

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

35

LAND DETAILS

LAND ACRES

0.93 AC

LAND SF

40,645 SF

ZONING

C2

APN/PARCEL ID

810-01024-002

ASK ABOUT THIS PROPERTY

Ryan SchultenCP Partners CREMore Info
562-230-5606

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Ryan SchultenCP Partners CREMore Info
562-230-5606

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