2046 Florida 19 - Fast Food FOR SALE


Tavares, FL 32778
$4,476,000 USD
631-903-7137
2046 Florida 19, Tavares, FL for Sale
$4,476,000 USD
Fast Food - FOR SALE
1/10
null | 5.25% Cap Rate

2046 Florida 19
Tavares, FL 32778


HIGHLIGHTS

  • Newly constructed Starbucks featuring a modern prototype and drive-thru format, designed to support high throughput and long-term operational success
  • Starbucks is one of the world’s most recognizable & dominant coffee retailers, operating more than 35K locations globally & backed by strong credit
  • New Construction w/ Roof Warranty | 2025 Construction with drive-thru and 20-year transferable roof warranty
  • Strategically positioned along a high-growth corridor near new retail developments, daily-needs drivers & 1,200±homes under construction
  • Excellent visibility, direct access, and strong surrounding demographics support continued consumer demand and long-term residual value

OVERVIEW

CBRE is pleased to present the exclusive net-lease offering for a newly constructed Starbucks Drive-thru Coffee containing approx. 2,500±rentable SF of building space on a 1.04±AC parcel, located at 2046 US SR 19 in Tavares, Florida, a top Florida growth market benefiting from it’s close proximity to Orlando’s economy. The property is strategically situated as an outparcel to a new Publix-anchored shopping center and benefits from direct frontage to State Road 19, a major throughfare servicing the community, providing excellent visibility to over 42,000±VPD. This Starbucks Coffee is secured by an original 15-year Double-Net Plus (NN+) lease, with four (4) options to renew of 5-years each. The rent commenced and location opened for business on July 1, 2025. The annual rent is $234,990, with scheduled increases of ten percent (10%) every five (5) years throughout the initial term and in each renewal option.

FOR SALE DETAILS

PRICE

$4,476,000 USD

PRICE/SF

$1,961 USD /SF

CAP RATE

5.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Freestanding, Restaurant, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

29

LAND DETAILS

LAND ACRES

1.05 AC

LAND SF

45,738 SF

ZONING

C-2

APN/PARCEL ID

06-20-26-1000-000-00600

ASK ABOUT THIS PROPERTY

631-903-7137

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631-903-7137

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