2916 Eaglecrest Dr - Restaurant FOR SALE
Emporia, KS 66801 |
2916 Eaglecrest Dr
Emporia, KS 66801
HIGHLIGHTS
- Investment Grade Credit Tenant - Starbucks Corporation (S&P: BBB+ | NASDAQ: SBUX)
- Recent Lease Extension and Site Renovations: Both the interior and exterior of the building were renovated this year & brand new 10 year lease signed
- The lease features below average rents compared to other Starbucks nationwide and compared to other national QSR brands within the local market
- For the third time, Starbucks has extended their lease term to remain in place for a full 10 years, rather than the scheduled 5 years
- National Retailer Corridor: The site is located within Emporia’s main retail & hospitality corridors, featuring various national tenants
- Convenient Interstate Access | Limited Competition: Sits directly off exit of Interstate 35 (±22,000 VPD) and is the only standalone Starbucks in town
FOR SALE DETAILS
PRICE
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CAP RATE
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% LEASED
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TENANCY
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BUILDING DETAILS
PROPERTY NAME
Starbucks - Emporia, KS
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Restaurant
ADD'L SUBTYPES
Fast Food, Freestanding, Storefront
TOTAL BUILDING SIZE
1600
STORIES
1
YEAR BUILT
2004
SPRINKLERS
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PARKING SPACES
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LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
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APN/PARCEL ID
193-05-0-30-02-011.01-0
