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18551 Murdock Cir
Port Charlotte, FL 33948
Starbucks - Port Charlotte, FL · Retail Property For Sale
Investment Highlights
- Corporate guarantee by Starbucks; no franchisee credit risk
- Built 2024; new construction with minimal capex
- Six 5-year renewal options extend long-term upside
- Double drive-thru, high-throughput prototype for busy locations
- 10% rent increases every 5 years (option periods)
- NN lease; prime location in fast-growing Port Charlotte market
Executive Summary
CBRE is pleased to present the exclusive offering of a corporate-guaranteed Starbucks coffee shop located on Tamiami Trail and Murdock Circle in Port Charlotte, Florida, one of Charlotte County's primary retail corridors. The property is located within the Punta Gorda MSA, one of the fastest-growing metro areas in the U.S. and a top, high-migration area - evidenced by Charlotte County's rapid population growth over the last few years (nearly 17% from 2023-2025).
The property is a 2024-constructed, purpose-built Starbucks featuring a rare double drive-thru configuration, representing one of the brand's most current and sought-after prototype formats. The tenant operates on a NN lease with approximately 7.8 years of term remaining, backed by Starbucks Corporation, a publicly traded, investment-grade tenant (NASDAQ: SBUX) with over 36,000 locations globally.
This offering represents a rare opportunity to acquire a newer, investment-grade quick-service retail asset with built-in rent growth and a globally recognized brand in a high-growth Southwest Florida market.
The property is a 2024-constructed, purpose-built Starbucks featuring a rare double drive-thru configuration, representing one of the brand's most current and sought-after prototype formats. The tenant operates on a NN lease with approximately 7.8 years of term remaining, backed by Starbucks Corporation, a publicly traded, investment-grade tenant (NASDAQ: SBUX) with over 36,000 locations globally.
This offering represents a rare opportunity to acquire a newer, investment-grade quick-service retail asset with built-in rent growth and a globally recognized brand in a high-growth Southwest Florida market.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Retail
Building Size
2,500 SF
Building Class
B
Year Built
2023
Price
$4,118,000
Price Per SF
$1,647.20
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
1.15 AC
Zoning
CG - General Commercial
Parking
40 Spaces (16 Spaces per 1,000 SF Leased)
Property Taxes
| Parcel Number | 402207426004 | Improvements Assessment | $668,408 |
| Land Assessment | $1,024,100 | Total Assessment | $1,692,508 |
Property Taxes
Parcel Number
402207426004
Land Assessment
$1,024,100
Improvements Assessment
$668,408
Total Assessment
$1,692,508
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