6700 Roosevelt Ave - Fast Food FOR SALE


Middletown, OH 45005
$2,498,130 USD
619-218-6427
6700 Roosevelt Ave, Middletown, OH for Sale
$2,498,130 USD
Fast Food - FOR SALE
1/5
null | 6.15% Cap Rate

6700 Roosevelt Ave
Middletown, OH 45005


HIGHLIGHTS

  • New 2025 High-Quality Construction with Drive-Thru
  • New 10-Year Lease Corporately Guaranteed by Starbucks (NASDAQ: SBUX)
  • Signalized Intersection w/ Traffic Counts Exceeding 44,000 VPD
  • Located Immediately off Interstate-75 w/ 119,000 VPD
  • Dense Retail Trade Area with Over 90,000 Residents in 5-Miles
  • 30-Minutes From Dayton & Cincinnati, with a Combined MSA Population of Over 3 Million People, the 18th Largest in the Country

OVERVIEW

The subject property is a newly constructed Starbucks drive-thru located in Columbus (Atlanta), GA. The brand new 10-year lease is corporately guaranteed by Starbucks (NYSE: SBUX) and includes 10% rental increases every 5-years in the (4) five-year option periods starting in year 11. Starbucks signed the lease without any early termination rights showing their long-term commitment to the site. This location is positioned in a high-traffic corridor along Roosevelt Ave, with direct access to I-75. It is strategically located at a signalized Intersection with traffic counts exceeding 44,000 vehicles per day. The site benefits from its excellent visibility and access along I-75, which boasts 119,000 vehicles per day. The property is 30-Minutes from Dayton and Cincinnati, with a combined MSA population of over 3 million people, the 18th largest in the country. With over 90,000 residents in 5-Miles, this investment offers a stable, long-term income stream backed by one of the most reputable global coffee brands in the world. National retailers in the immediate vicinity include McDonald’s, Applebee’s, Olive Garden, Mattress Firm, Aldi, Planet Fitness, Chipotle, GNC, Aspen Dental, KFC, Enterprise, Jersey Mike’s, Bob Evan’s, Davita, Kohl’s, Subway and many more.

FOR SALE DETAILS

PRICE

$2,498,130 USD

PRICE/SF

$1,515 USD /SF

CAP RATE

6.15%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Starbucks | New 10-Year Lease

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Freestanding, Restaurant, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.27 AC

LAND SF

55,332 SF

ZONING

-

APN/PARCEL ID

Q6542-107-000-027

ASK ABOUT THIS PROPERTY

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

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

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