Marcus & Millichap is pleased to present the opportunity to acquire a prime NN leased asset - A Starbucks located 7680 103rd St in Jacksonville, Florida. Starbucks has signed a brand-new 10-year lease with six additional 5-year extension options, reflecting a strong long-term commitment to this location. The property is newly constructed in 2025, utilizing premium materials and finishes, and is backed by general contractor warranties.
Strategically located on 103rd Street—one of Jacksonville’s most heavily trafficked corridors with over 49,000 vehicles per day—the site offers convenient ingress and egress via 103rd Street and through the adjacent Publix shopping center. The lease is corporately guaranteed by Starbucks (Nasdaq: SBUX), which carries a BBB+ credit rating from S&P.
Positioned as an outparcel to Publix, this site ranks in the top 40% of Florida locations according to Placer.ai. Starbucks is fully responsible for property maintenance, significantly reducing the landlord’s responsibilities (contact agent for full lease terms). The Jacksonville Downtown West submarket boasts a residential population of over 16,000 within a 1-mile radius.