New Starbucks/Across from Publix/10 Yr Lease 1928 Alafaya Trail 2,500 SF Retail Building Orlando, FL 32828 $3,635,000 ($1,454/SF) 5.20% Cap Rate

FLORIDA BROKER OF RECORD... SCOTT AYRES DeYOUNG ...FL BK 3421401
Faris Lee Investments is pleased to offer a STNL freestanding, Starbucks on a triple net lease in Orlando, Florida. The newly constructed property, which opened in February 2025, is secured by a long-term 10-year lease with six, 5-year renewal options, offering potential total lease term of 40 years. The lease stipulates 10% rental increases every five years, ensuring a growing income stream and a robust hedge against inflation. This passive investment also features a drive thru which generates approximately 50% more revenue than non-drive-thru locations.
The lease is secured by Starbucks Corporation (NSDQ: SBUX), the world’s largest coffee retailer and best-in-class coffee brand. As of May 2025, Starbucks boasts a market capitalization over $94 billion and generated over $36 billion in revenue in Fiscal Year 2024. With over 18,000 restaurants in the United States and over 40,000 locations worldwide, Starbucks continues to demonstrate aggressive growth and financial strength, providing exceptional credit for a passive investment.
The Starbucks property benefits from a highly desirable street frontage pad location along the heavily trafficked S. Alafaya Trail (29,000 vehicles per day), ensuring significant visibility and accessibility. Additionally, the property benefits from its proximity to a high-volume Publix Supermarket situated across the street. The surrounding area possesses strong demographics, including over 177,000 residents and more than 41,000 daytime employees within a 5-mile radius, with an average household income exceeding $92,000. Located in Orlando, Florida, the property is situated in a business and tax-friendly state and an excellent investor market. Orlando is recognized as the second fastest-growing region in the U.S. and the fastest-growing MSA in Florida, providing a strong demographic backdrop for retail success.