2605 US Highway 441 S - Restaurant FOR SALE


Okeechobee, FL 34974
$4,091,000 USD
954-608-8910
2605 US Highway 441 S, Okeechobee, FL for Sale
$4,091,000 USD
Restaurant - FOR SALE
1/5
null | 5.5% Cap Rate

2605 US Highway 441 S
Okeechobee, FL 34974


HIGHLIGHTS

  • ?2,500 SF drive-thru restaurant/QSR
  • ?Excellent visibility and frontage on US Highway 441
  • Across the street from Home Depot and Wal-Mart
  • ?Adjacent to Chipotle
  • ?Median Cut direct access on US 441

OVERVIEW

LOCATION: ?Prime US-441 Location: This property has direct ingress/egress access along US Hwy 441; median cut ensuring maximum exposure to heavy daily traffic ?Retail Synergy: Positioned directly within Okeechobee's main commercial hub and surrounded by corporate retail giants including Walmart Supercenter, Home Depot, Publix, Chipotle, Dunkin Donuts, and Aspen Dental OPPORTUNITY: ?New Construction- 2,500 SF newly constructed STARBUCKS offering an ideal investment from an industry-leading, global brand ?High-Volume Digital & Drive-Thru Layout: Optimized explicitly for Starbucks' newest high-volume prototype, featuring expanded vehicle stacking and streamlined staging to maximize mobile order and drive-thru capacity ?Proprietary "Siren System" Infrastructure: Equipped with Starbucks' latest internal counter architecture, reducing beverage production times by roughly 30% to significantly accelerate peak-hour transaction volume ?Dominant QSR Synergy with Adjacent Chipotle: Positions Starbucks next to a next-generation Chipotle prototype on the split parcel, creating a premier AM-to-PM daily-needs retail hub with continuous traffic CORPORATE GUARANTY: ?Starbucks (NASDAQ: SBUX)) -market cap is approximately $118.84 billion ?41,100+ locations across nearly 90 countries—including major markets in the United States, China, Japan, South Korea, Canada, and the United Kingdom ?Strong brand recognition and consistent sales growth STRONG LEASE FUNDAMENTALS: ?15-year NN lease with zero landlord responsibilities ?Six (6) five-year renewal options ?Long-term passive income backed by an investment grade tenant

FOR SALE DETAILS

PRICE

$4,091,000 USD

PRICE/SF

$1,636 USD /SF

CAP RATE

5.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Starbucks (Brand New 2026 NN Drive Thru)

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.14 AC

LAND SF

49,658 SF

ZONING

-

APN/PARCEL ID

1-28-37-35-0030-00070-0040

ASK ABOUT THIS PROPERTY

Greg LyonIndex Real Estate ServicesMore Info
954-608-8910

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Greg LyonIndex Real Estate ServicesMore Info
954-608-8910

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