329 Booth St - Fast Food FOR SALE


Reno, NV 89509- Outer Old Southwest Reno
$3,621,000 USD
480-221-4221
329 Booth St, Reno, NV for Sale
$3,621,000 USD
Fast Food - FOR SALE
1/7
null | 4.75% Cap Rate


HIGHLIGHTS

  • Investment Grade Tenant (S&P: BBB+) | New 10-Year Lease | 10% Increases Every 5 Years | Brand New Construction
  • NN Lease | Fee Simple Ownership | Limited Landlord Responsibilities
  • Signalized, Hard Corner Intersection | Dense Retail Corridor
  • Strong Demographics in 5-Mile Trade Area | Affluent Incomes

OVERVIEW

• The site features brand new 2026 construction and the lease is signed by Starbucks Corporation (S&P: BBB+) • The tenant recently signed a brand new 10-year lease with 4 (5-year) options to extend, demonstrating their long-term commitment to the site • The lease features 10% increases every 5 years and at beginning of each option period, providing an investor with a hedge against inflation • Starbucks has more than 40,000 stores worldwide, the company is the premier roaster and retailer of specialty coffee in the world

FOR SALE DETAILS

PRICE

$3,621,000 USD

PRICE/SF

$2,179 USD /SF

CAP RATE

4.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Starbucks | New 10yr Corp NN | 2026 Constrc

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Fast Food, Freestanding, Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2026

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.48 AC

LAND SF

20,806 SF

ZONING

NC

APN/PARCEL ID

011-132-04

ASK ABOUT THIS PROPERTY

Patrick LutherSRS National Net LeaseMore Info
480-221-4221

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Patrick LutherSRS National Net LeaseMore Info
480-221-4221

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