417 N Pine St - Freestanding FOR SALE


Deridder, LA 70634
$2,344,274 USD
619-218-6427
417 N Pine St, Deridder, LA for Sale
$2,344,274 USD
Freestanding - FOR SALE
1/3
null | 6.35% Cap Rate

417 N Pine St
Deridder, LA 70634


HIGHLIGHTS

  • New 2025 Starbucks with drive-thru service.
  • Corporate lease guarantee from Starbucks Corporation.
  • Ten-year initial lease term with six renewal options.
  • Contractual 10% rent increases every five years.
  • Positioned along N Pine Street with traffic counts exceeding 22,000 vehicles daily.
  • Surrounded by national retailers and quick-service restaurant operators.

OVERVIEW

The subject property is a newly constructed Starbucks drive-thru located in DeRidder, LA. The brand-new 10-year lease is corporately guaranteed by Starbucks and includes 10% rental increases every 5 years in the primary term and in the (6) 5-Year option periods. This brand-new Starbucks is strategically situated in a vibrant, high-traffic area, offering excellent visibility and easy access along N Pine Street. The location benefits from daily traffic counts exceeding 22,000 vehicles per day (VPD), ensuring high exposure and a steady stream of customers. With its central placement, it is poised to attract both locals and commuters, making it an ideal spot for a bustling coffee shop. This investment offers a stable, long-term income stream backed by one of the most reputable global coffee brands. The property is located in an affluent market with average household income exceeding $92,000 within a 5-mile radius. The site is strategically located between McDonald’s, Popeyes, and Taco Bell with many other national retailers in the immediate vicinity including Chase, Whataburger, Advance Auto Parts, Sherwin Williams, Wendy’s, Walgreens, Tractor Supply, Dollar Tree, Walmart, Harbor Freight, Goodwill, Burger King, O’Reilly Auto Parts, and many more.

FOR SALE DETAILS

PRICE

$2,344,274 USD

PRICE/SF

$938 USD /SF

CAP RATE

6.35%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Starbucks

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Storefront, undefined

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1 AC

LAND SF

43,560 SF

ZONING

-

APN/PARCEL ID

0336000499A

ASK ABOUT THIS PROPERTY

John WertzWertz Real Estate Investment ServicesMore Info
619-218-6427

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

John WertzWertz Real Estate Investment ServicesMore Info
619-218-6427

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