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1005 N Baldwin Ave
Marion, IN 46952
New Starbucks on a 12-Year NN Lease · Retail Property For Sale
Investment Highlights
- Brand-new 12-year lease to Starbucks Corporation with an attractive 7.50% rental escalations during the initial lease term.
- Brand-new, build-to-suit construction for Starbucks’ newest prototype with an impressive 19-car stack in the drive-thru.
- 2024 demographics confirm a total 5-mile population of 37,735 and a 1-mile average household income of $71,896.
- Starbucks Corporation: NASDAQ: SBUX | S&P BBB+ Investment Grade Credit Rating | Moody’s Baa1 Rating.
- Situated on a large ±0.97-acre lot with excellent drive-by visibility/access on N Baldwin Avenue with traffic counts of 23,874 cars per day.
Property Facts
Property Type
Retail
Property Subtype
Building Size
2,481 SF
Building Class
B
Year Built
2025
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
0.97 AC
Zoning
C - Commercial
Frontage
572’ on North Baldwin Avenue
Amenities
- Restaurant
- Signage
- Drive Thru
Property Taxes
| Parcel Number | 27-03-36-404-020.000-023 | Improvements Assessment | $249,800 |
| Land Assessment | $119,200 | Total Assessment | $369,000 |
Property Taxes
Parcel Number
27-03-36-404-020.000-023
Land Assessment
$119,200
Improvements Assessment
$249,800
Total Assessment
$369,000
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