Log In/Sign Up
Your email has been sent.
Starbucks 14147 Upward Crossing Dr 2,600 SF Retail Building Flat Rock, NC 28731 $2,250,000 ($865.38/SF) 6% Cap Rate
Investment Highlights
- Attractive Lease Fundamentals
- Nearby Major Industrial Employers
- Strategic Location - Directly off I-26
Executive Summary
Corporate Guarantee from Credit Worthy Tenant
- Starbucks has an S&P rating of BBB+
- Over 35,000 locations worldwide
- $30.3B in Total Revenue
Attractive Lease Fundamentals
- Corporate Guarantee from Credit Rated Tenant
- 10% rental increases every 5-years including options
- Six (6) - five (5) year options
- Minimal LL responsibilities
New Construction
- New build-to-suit Starbucks
- Warranties will be assigned to the new owner
Strategic Location
- Positioned on the morning side of I-26 (59K VPD) exit to Hendersonville
- Located in front of a Holiday Inn Express (85 key hotel) and a planned Tru by Hilton (90 key hotel)
- Direct access to The Summit at Hendersonville, a 50 unit apartment complex
Nearby Industrial Employers
- Less than 0.5 miles to Blue Ridge Commerce Center - a 648K SF Class A industrial park
- Less than half mile to Parts Unlimited 229K SF distribution facility
- Approximately 0.6 miles to Jabil Healthcare’s 160K SF distribution facility
- Starbucks has an S&P rating of BBB+
- Over 35,000 locations worldwide
- $30.3B in Total Revenue
Attractive Lease Fundamentals
- Corporate Guarantee from Credit Rated Tenant
- 10% rental increases every 5-years including options
- Six (6) - five (5) year options
- Minimal LL responsibilities
New Construction
- New build-to-suit Starbucks
- Warranties will be assigned to the new owner
Strategic Location
- Positioned on the morning side of I-26 (59K VPD) exit to Hendersonville
- Located in front of a Holiday Inn Express (85 key hotel) and a planned Tru by Hilton (90 key hotel)
- Direct access to The Summit at Hendersonville, a 50 unit apartment complex
Nearby Industrial Employers
- Less than 0.5 miles to Blue Ridge Commerce Center - a 648K SF Class A industrial park
- Less than half mile to Parts Unlimited 229K SF distribution facility
- Approximately 0.6 miles to Jabil Healthcare’s 160K SF distribution facility
Property Facts
Sale Type
Investment
Sale Conditions
Property Type
Retail
Property Subtype
Building Size
2,600 SF
Year Built
2023
Price
$2,250,000
Price Per SF
$865.38
Cap Rate
6%
NOI
$134,989
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
0.86 AC
Opportunity Zone
Yes
Zoning
1016837~PC
Nearby Major Retailers
Property Taxes
| Parcel Number | 1016837 | Improvements Assessment | $504,100 |
| Land Assessment | $612,500 | Total Assessment | $1,116,600 |
Property Taxes
Parcel Number
1016837
Land Assessment
$612,500
Improvements Assessment
$504,100
Total Assessment
$1,116,600
1 of 6
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
Starbucks | 14147 Upward Crossing Dr
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.