5867 Dogwood dr - Fast Food FOR SALE
Milton, FL 32570 |
$2,920,500 USD
561-427-6699
5867 Dogwood dr
Milton, FL 32570
HIGHLIGHTS
- Rare opportunity to own a hyper secure, newly constructed 10-YR Starbucks across from Publix
- Starbucks maintains the parcel including landscaping, lighting and parking lot
- Starbucks has an investment grade credit rating and is the largest coffee provider in the World with over 35,700 stores
- Brand new construction with drive-thru and 20-year transferable roof warranty
- Fee simple ownership of the building allows for depreciation boosting after tax returns
- Fixed 10% increases every 5 years provide a hedge against inflation and consistent rent growth
FOR SALE DETAILS
PRICE
$2,920,500 USD
PRICE/SF
$1,168 USD /SF
CAP RATE
5.65%
% LEASED
-
TENANCY
-
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Starbucks | Rare Self-Maintain Lease
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Fast Food
ADD'L SUBTYPES
Fast Food, Freestanding
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2025
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.84 AC
LAND SF
36,590 SF
ZONING
C1
APN/PARCEL ID
28-2N-28-0000-03246-0000
ASK ABOUT THIS PROPERTY
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561-427-6699
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561-427-6699
By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.
