2031 Oliver Lancaster Boulevard blvd - Retail FOR SALE


Malvern, AR 72104
$2,620,000 USD
949-506-2007
2031 Oliver Lancaster Boulevard blvd, Malvern, AR for Sale
$2,620,000 USD
Retail - FOR SALE
1/9
null | 6.5% Cap Rate

2031 Oliver Lancaster Boulevard blvd
Malvern, AR 72104


HIGHLIGHTS

  • 9 Years Remaining | 2024 Construction | Drive-Thru Equipped
  • NN | Fee Simple Ownership | Limited Landlord Responsibilities
  • Primary Walmart-Anchored Retail Corridor | I-30 (44,000 VPD)
  • Strong Demographics In 5-Mile Trade Area | Direct Consumer Base

OVERVIEW

SRS Real Estate Partners, LLC is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in a new construction, corporate guaranteed (NASDAQ: SBUX), investment grade (S&P: BBB+), Starbucks investment property located in Malvern, Arkansas. The tenant, Starbucks Corp., has approximately 9 years remaining on its lease with 4 (5-year) options to extend, demonstrating their commitment to the site. The lease features 7.5% rental increases every 5 years throughout the initial term and at the beginning of each option period, growing NOI and hedging against inflation. The lease is NN with limited landlord responsibilities making it an ideal, low-management investment opportunity for a passive investor. Starbucks is among the most recognizable brands in the world, with over 40,000 locations globally, serving as a best-in-class QSR brand known for strong customer loyalty and a broad market presence.

FOR SALE DETAILS

PRICE

$2,620,000 USD

PRICE/SF

$1,031 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Starbucks

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Fast Food, Freestanding, Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

35

LAND DETAILS

LAND ACRES

0.93 AC

LAND SF

40,511 SF

ZONING

C2

APN/PARCEL ID

810-01024-002

ASK ABOUT THIS PROPERTY

Cortland LioiSRS National Net LeaseMore Info
949-506-2007

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Cortland LioiSRS National Net LeaseMore Info
949-506-2007

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