410 Myrtle St - Retail FOR SALE


Longwood, FL 32750- Northeast Orlando
$3,120,000 USD
561-427-6699
410 Myrtle St, Longwood, FL for Sale
$3,120,000 USD
Retail - FOR SALE
1/5
null | 6.25% Cap Rate

410 Myrtle St
Longwood, FL 32750
Northeast Orlando


HIGHLIGHTS

  • Rare opportunity to own a hyper secure, newly constructed 10-YR Starbucks in Orlando, FL
  • Orlando ranked #1 nationally in employment growth in 2024 and #8 nationally in new housing starts
  • High-profile location surrounded by traffic generators Wawa, Walgreens, Sonic, Taco Bell and CVS
  • Starbucks has an investment grade credit rating and is the largest coffee provider in the World with over 35,700 stores
  • Fixed 10% increases every 5 years provide a hedge against inflation and consistent rent growth
  • Fee simple ownership of the building allows for depreciation boosting after tax returns

OVERVIEW

Atlantic Capital Partners has been exclusively engaged to solicit offers for the sale of this newly renovated Starbucks featuring a 10 Year Net Lease with 10% rental increases every 5 years. Starbucks has been open for business since January 2025

FOR SALE DETAILS

PRICE

$3,120,000 USD

PRICE/SF

$2,229 USD /SF

CAP RATE

6.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Starbucks | 6.25% CAP | New 10-YR Lease

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2008

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.77 AC

LAND SF

33,541 SF

ZONING

GC

APN/PARCEL ID

32-20-30-521-0000-0030

ASK ABOUT THIS PROPERTY

Patrick WagorAtlantic Capital PartnersMore Info
561-427-6699

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Patrick WagorAtlantic Capital PartnersMore Info
561-427-6699

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