1261 Graham Rd
Florissant, MO 63031
Starbucks (STL MSA | New 10 Year Lease) · Retail Property For Sale

The Edwards | Ethington Team of Pinnacle Real Estate Advisors is pleased to exclusively market for sale a single tenant net lease Starbucks property located within the St. Louis MSA. This Starbucks property has a proven and successful operating history (since 2007). The property is strategically located along a primary north-south thoroughfare just north of Interstate 270. Starbucks recently signed a 10-year lease extension evidencing the strength of this location and the tenant’s commitment. As part of the lease extension, Starbucks plans to extensively renovate the building and the Landlord will provide a new roof, the cost of which will be credited at closing. There are approximately ten years remaining on the Starbucks lease which expires on September 30, 2027. The net lease features a 5.55% rental escalation in 2022 and 8% rental escalations every five years in the renewal option periods. There are two 10-year renewal options which is a rarity for a Starbucks property. The property features an extremely low price per square foot of $511.