2080 W Highway 44 - Fast Food FOR SALE
Inverness, FL 34453 |
2080 W Highway 44
Inverness, FL 34453
HIGHLIGHTS
- New 10-year corporate net lease to Starbucks Corporation (NASDAQ: “SBUX”)
- Investment-grade tenant, rated “BBB+” by Standard & Poor’s
- 10% rental increases every five (5) years
- Starbucks is the world’s premier coffee company, with over 35,711 locations and $32.3 billion in annual revenue
- Per Statista, customers go to Starbucks six times per week on average
- Approximately 60 million Starbucks customers are served every week, while approximately four million coffee-based beverages are sold daily
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
STATUS
Demolished
BUILDING DETAILS
PROPERTY NAME
Starbucks | Inverness, FL
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Fast Food
ADD'L SUBTYPES
Fast Food, Restaurant, Storefront
TOTAL BUILDING SIZE
2500
STORIES
1
YEAR BUILT
2024
SPRINKLERS
-
PARKING SPACES
37
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
19E-19S-13-0020-00000-0361
