Log In/Sign Up
Your email has been sent.
Starbucks 1907 W Pinhook Rd 2,003 SF Retail Building Lafayette, LA 70508 $1,690,000 ($843.73/SF) 6% Cap Rate
Investment Highlights
- Recently Extended Term | Options To Extend | Corporate Signed Lease | Established Brand
- University of Lousiana Lafayette | Lafayette Regional Airport |Retail Corridor | Near Signalized Hard Corner Intersection
- NN Lease | Fee Simple Ownership | Minimal Landlord Responsibilities
- Strong Demographics In 5-Mile Trade Area
Executive Summary
• Starbucks corporate signed lease
• Recently signed an extension with four (5-year) options, demonstrating their long-term commitment to the site
• Starbucks, one of the world’s largest coffee brands with over 40,200 locations globally, carries an investment-grade credit rating of BBB+ (S&P)
• Recently signed an extension with four (5-year) options, demonstrating their long-term commitment to the site
• Starbucks, one of the world’s largest coffee brands with over 40,200 locations globally, carries an investment-grade credit rating of BBB+ (S&P)
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
2,003 SF
Building Class
B
Year Built
2009
Price
$1,690,000
Price Per SF
$843.73
Cap Rate
6%
NOI
$101,400
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
0.54 AC
Zoning
C1 - Commercial
Parking
20 Spaces (9.99 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Pylon Sign
- Restaurant
- Drive Thru
Nearby Major Retailers
Property Taxes
| Parcel Number | 6010069 | Improvements Assessment | $45,068 |
| Land Assessment | $19,445 | Total Assessment | $64,513 |
Property Taxes
Parcel Number
6010069
Land Assessment
$19,445
Improvements Assessment
$45,068
Total Assessment
$64,513
1 of 6
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
Starbucks | 1907 W Pinhook Rd
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.