2195 Highway 71 - Retail FOR SALE


Marianna, FL 32448
$3,192,000 USD
239-770-2940
2195 Highway 71, Marianna, FL for Sale
$3,192,000 USD
Retail - FOR SALE
1/5
null | Request Cap Rate

2195 Highway 71
Marianna, FL 32448


HIGHLIGHTS

  • Corporate Guarantee: Lease Is Guaranteed by Starbucks Corporation, Eliminating Franchisee Credit Risk
  • Built 2025: New Construction Asset with Virtually No Near-Term Capital Expenditure Requirements
  • Structured Rent Growth: 10% Rental Increases Every Five Years in Option Periods Provide a Hedge Against Inflation
  • Long-Term Renewal Runway: Six 5-Year Renewal Options Extending Landlord Optionality Well Beyond the Primary Term
  • NN Lease Structure: Reduced Landlord Obligation with Tenant Responsible for the Majority of Operating Expenses

OVERVIEW

CBRE is pleased to present for sale a corporate-guaranteed Starbucks coffee shop located in Marianna, Jackson County, Florida, roughly 56 miles east of the State Capital, Tallahassee. Situated on Highway 71 directly off I-10 at Exit 142 in Marianna, this Starbucks occupies one of the most strategically positioned retail pads in the Florida Panhandle. Exit 142 has evolved into one of the hottest interchanges along I-10, drawing a dense concentration of national retailers including Walmart Supercenter, Lowe's, Chick-fil-A, McDonald's, Burger King, Dunkin', and multiple hotel flags, creating a proven consumer cluster that generates both local and transient demand around the clock. Travelers moving east-west on I-10 between Pensacola and Tallahassee use this exit as the primary stop for fuel, food, and coffee; this is the only Starbucks within 114 miles on I-10. The property is a 2025-constructed, purpose-built Starbucks with drive-thru lane, operating on a NN+ lease with approximately 11+ years of term remaining, and six (6) five-year options to renew. The lease is backed by Starbucks Corporation, a publicly traded, investment-grade tenant (NASDAQ: SBUX) with over 36,000 locations globally.

FOR SALE DETAILS

PRICE

$3,192,000 USD

PRICE/SF

$1,182 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Starbucks - Marianna, FL

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

30

LAND DETAILS

LAND ACRES

1.4 AC

LAND SF

60,984 SF

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

239-770-2940

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239-770-2940

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