113 S Ten Mile Rd | Meridian, ID 83642
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- LoopNet Team
113 S Ten Mile Rd
Meridian, ID 83642
Starbucks · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 10-year corporate net lease to Starbucks Corporation
- Investment grade tenant, rated “BBB+” by Standard & Poor’s
- New high-quality 2023 construction built to latest Starbucks prototype
- 10% fixed rental increases every five years, offering projected growth over a long-term investment
- Starbucks Corporation (NASDAQ: “SBUX”) is the world’s premier coffee company, with over 33,833 locations and $29.1 billion in annual revenue
- Site features a dual-lane drive-thru and patio seating for added customer convenience
PROPERTY FACTS
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,300 SF
Building Class
B
Year Built
2023
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
0.85 AC
Zoning
C-C
Parking
17 Spaces (7.39 Spaces per 1,000 SF Leased)
PROPERTY TAXES
| Parcel Number | R6733720160 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $2,830,900 |
PROPERTY TAXES
Parcel Number
R6733720160
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$2,830,900
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