321-340-5670
803 N State Road 434, Altamonte Springs, FL for Sale
Fast Food - FOR SALE
1/20
null | Request Cap Rate

803 N State Road 434
Altamonte Springs, FL 32714
Wekiva


HIGHLIGHTS

  • Brand-new Starbucks (2026) provides investors with a rare 15-year corporate-guaranteed lease backed by one of the world's most recognized brands.
  • Annual rent of $279,000 is supported by a self-maintained NN lease, with Starbucks responsible for taxes, insurance, maintenance, and repairs.
  • Long-term income security is enhanced by four five-year extension options and 10% rent escalations every five years, creating built-in revenue growth.
  • Starbucks' network of roughly 16,854 US locations underscores the company's proven track record, industry leadership, and long-term credit quality.
  • Within the rapidly expanding Altamonte Springs, just north of Orlando, positions the property in Central Florida's most desirable growth market.
  • Predictable monthly cash flow offers the secure, worry-free "mailbox money" income stream sought by 1031 exchange and passive investment buyers.

OVERVIEW

Acquire a newly constructed Starbucks located at 803 N State Road 434 in Altamonte Springs, Florida, offering investors a rare opportunity to purchase a premium, corporate-backed asset in a rapidly growing Orlando submarket. Delivered in March 2026, the 2,700-square-foot property is secured by a rare 15-year corporate-guaranteed lease with four five-year extension options and 10% rent escalations every five years, providing investors with long-term income growth and stability. Investors benefit from $279,000 in annual rental income secured by a favorable self-maintained NN (double-net) lease structure, under which Starbucks is responsible for real estate taxes, insurance, maintenance, and repairs. Limited landlord responsibilities, contractual rent increases, and a corporate guarantee create an attractive passive investment opportunity for private investors and 1031 exchange buyers. Strategically positioned along N State Road 434, a major north-south commercial corridor, the property benefits from exposure to more than 40,000 vehicles per day (VPD). Situated just west of Interstate 4 and north of its intersection with State Road 436, the asset is within a dense, growing trade area surrounded by established residential communities and major employment centers. Demographic fundamentals support long-term tenant performance, with the population within a 3-mile radius projected to exceed 107,500 residents by 2030, representing approximately 6.1% growth from 2025 levels. More than 42,000 daytime employees drive consistent demand throughout the day from commuters, professionals, and area residents. Average household incomes of approximately $105,000 and annual consumer spending exceeding $1.3 billion highlight the area's strong purchasing power. Starbucks Corporation, headquartered in Seattle, Washington, is the world's largest coffeehouse chain, operating approximately 41,129 locations across 89 markets worldwide and generating roughly $9 billion in annual revenue. Ranked No. 126 on the 2026 Fortune 500, Starbucks remains one of the most recognized and established retail brands globally. Altamonte Springs is one of Central Florida's most desirable and rapidly growing suburban communities. Located approximately 15 minutes north of Downtown Orlando, 30 minutes from Walt Disney World, and less than an hour from Daytona Beach, the city offers exceptional access to the region's major employment centers, attractions, and transportation networks. Corporate credit, brand-new construction, a long-term lease, built-in rent growth, and minimal management responsibilities make this Starbucks an ideal vehicle for investors seeking dependable monthly cash flow and a secure long-term hold. Strong suitability for a 1031 exchange further enhances the appeal of this premier net lease opportunity. For pricing, financial information, and due diligence materials, contact Mark Allen, CCIM, with Commercial Real Estate Professionals, Inc. today.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Brand-New 15-Year Corp. Guaranteed Starbucks

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Freestanding, Restaurant, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2026

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.38 AC

LAND SF

60,113 SF

ZONING

Restaurant - Retail

APN/PARCEL ID

09-21-29-519-0000-0010

ASK ABOUT THIS PROPERTY

Mark AllenCommercial Real Estate Professionals, IncMore Info
321-340-5670

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Mark AllenCommercial Real Estate Professionals, IncMore Info
321-340-5670

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