638 Boll Weevil Cir - Retail FOR SALE


Enterprise, AL 36330
$3,228,000 USD
949-688-1280
638 Boll Weevil Cir, Enterprise, AL for Sale
$3,228,000 USD
Retail - FOR SALE
1/4
null | 6.15% Cap Rate

638 Boll Weevil Cir
Enterprise, AL 36330


HIGHLIGHTS

  • Brand-New Construction
  • Out-Parcel to Enterprise Shopping Center
  • Adjacent to Chick-Fil-A

OVERVIEW

• Single-Tenant Starbucks: ° Corporate Lease from world’s leading coffee chain [Starbucks Corp] ° NN+ Lease with minimal landlord responsibilities, ideal for a passive investor ° 10-year primary term, with six (6), 5-year options ° 10% rental increases every 5-years, including options • About Starbucks: ° Starbucks Corp. (NASDAQ: SBUX) ° 40,000+ stores worldwide ° Fortune 500 company | 380,000+ employees ° Investment Grade Tenant (BBB+ S&P, Baa1 Moody’s) ° $96.4 billion reported market cap (Q1 2025) ° $36.2 billion in reported revenue for 2024 ° 53-years of proven Operating History

FOR SALE DETAILS

PRICE

$3,228,000 USD

PRICE/SF

$1,291 USD /SF

CAP RATE

6.15%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Starbucks

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Fast Food, Freestanding, Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.6 AC

LAND SF

26,136 SF

ZONING

-

APN/PARCEL ID

1605154000001001

ASK ABOUT THIS PROPERTY

Jonathan SchifferRealSource GroupMore Info
949-688-1280

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Jonathan SchifferRealSource GroupMore Info
949-688-1280

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