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Starbucks | Rare 12-YR NNN Lease 2195 FL-71 2,700 SF Retail Building Marianna, FL 32448 $3,363,000 ($1,245.56/SF) 5.65% Cap Rate
Investment Highlights
- Rare opportunity to own a hyper secure, newly constructed 12-YR Starbucks in FL's Panhandle
- Starbucks has an investment grade credit rating and is the largest coffee provider in the World with over 35,700 stores
- Fee simple ownership of the building allows for depreciation boosting after tax returns
- 1.40 Acre signalized corner lot provides long-term upside potential and security
- Located immediately off I-10 interchange next to Walmart & Lowe's
- Fixed 10% increases every 5 years provide a hedge against inflation and consistent rent growth
Executive Summary
Property Facts
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- Accommodation and Food Services
- -
- -
- -
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 End | ||
|
|
Accommodation and Food Services | - | - | - |
Nearby Major Retailers
Property Taxes
| Parcel Number | 25-4N-10-0000-0130-0022 | Improvements Assessment | $88,241 |
| Land Assessment | $205,736 | Total Assessment | $293,977 |
Property Taxes
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Starbucks | Rare 12-YR NNN Lease | 2195 FL-71
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