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Starbucks | Rare Absolute NNN Ground Lease 1760 Briargate Blvd 380 SF Retail Building Colorado Springs, CO 80920 $1,236,363 ($3,253.59/SF) 5.50% Cap Rate



Investment Highlights
- Starbucks – Rare Absolute NNN Ground Lease – Corporate Guaranteed – Starbucks Corporation – (S&P Rated: “BBB+”) Investment Grade Credit
- Unique Low Price-Point Starbucks – Currently Operates 38,000+ Stores Worldwide – 400,000+ Employees
- 2nd Largest City in Colorado – Major Employers include US Air Force, Lockheed Martin, UCHealth, Amazon, FedEx, Northrop Gumman
- Excellent Credit Profile – Publicly Traded (NASDAQ: SBUX) – Over $110 Billion Market Cap – 9% Rental Escalation in 2029 – 10% Rental Increases Every
- Located on Briargate Blvd next to N Academy Blvd Intersection (State Highway 83) – 44,256 VPD – Outparcel to Chapel Hills Mall
- Nearby Top-Tier Retailers: Whole Foods, Trader Joe’s, Lowe’s, REI, and In-N-Out Burger – Next to Interstate-25 (133,000 VPD) – Premium Brand
Executive Summary
We are pleased to present a rare opportunity for qualified investors to acquire a rare, absolute NNN drive-thru Starbucks (NASDAQ: SBUX) in Colorado Springs, Colorado, with a long-term lease with and significant increases every 5 years as a hedge against inflation.
Strategically located in the highly affluent Briargate retail corridor as an outparcel to Chapel Hills Mall, this Starbucks benefits from strong co-tenancy, dense daily traffic, and exceptional visibility. The property is adjacent to I-25 (133,000 vehicles per day) and surrounded by top-tier national retailers including Whole Foods, Trader Joe’s, Lowe’s, REI, and In-N-Out Burger, in an area known for consistently appreciating real estate.
Colorado Springs—the second-largest city in Colorado—is experiencing rapid economic and population growth. With over 484,000 residents, the city is a major hub for military, aerospace, healthcare, and tech industries, boasting an educated workforce and a diversified employment base. The presence of major employers like Fort Carson, Amazon, UCHealth, and Lockheed Martin contributes to the city’s stable, recession-resistant economy.
This investment combines brand security (S&P rated “BBB+” Investment Grade), location strength, and income growth, making it a premier net lease opportunity in one of the most dynamic markets in the Western U.S.
Property Facts
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Accommodation and Food Services
- 380 SF
- $178.95
- Triple Net
- Jun 2034
Starbucks Coffee Company is a multinational coffeehouse operator headquartered in Seattle, Washington. The company was founded in 1971 by Jerry Baldwin, Zev Siegl, and Gordon Bowker, initially operating as a retailer of roasted coffee beans and equipment in Seattle’s Pike Place Market. Starbucks later expanded into a café-based model emphasizing handcrafted beverages and in-store customer experience, evolving into one of the most recognizable food and beverage brands worldwide. Starbucks operates through a mix of company-operated and licensed stores, selling coffee, tea, espresso-based beverages, and complementary food items.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
Accommodation and Food Services | 380 SF | $178.95 | Triple Net | Jun 2034 |
Nearby Major Retailers
Property Taxes
| Parcel Number | 63054-01-017 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $97,340 |
Property Taxes
Presented by
Starbucks | Rare Absolute NNN Ground Lease | 1760 Briargate Blvd
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