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Investment Highlights

  • Corporate Guarantee: Lease Is Guaranteed by Starbucks Corporation, Eliminating Franchisee Credit Risk
  • Structured Rent Growth: 10% Rental Increases Every Five Years in Option Periods Provide a Hedge Against Inflation
  • NN Lease Structure: Reduced Landlord Obligation with Tenant Responsible for the Majority of Operating Expenses
  • Built 2025: New Construction Asset with Virtually No Near-Term Capital Expenditure Requirements
  • Long-Term Renewal Runway: Six 5-Year Renewal Options Extending Landlord Optionality Well Beyond the Primary Term

Executive Summary

CBRE is pleased to present for sale a corporate-guaranteed Starbucks coffee shop located in Marianna, Jackson County, Florida, roughly 56 miles east of the State Capital, Tallahassee. Situated on Highway 71 directly off I-10 at Exit 142 in Marianna, this Starbucks occupies one of the most strategically positioned retail pads in the Florida Panhandle. Exit 142 has evolved into one of the hottest interchanges along I-10, drawing a dense concentration of national retailers including Walmart Supercenter, Lowe's, Chick-fil-A, McDonald's, Burger King, Dunkin', and multiple hotel flags, creating a proven consumer cluster that generates both local and transient demand around the clock. Travelers moving east-west on I-10 between Pensacola and Tallahassee use this exit as the primary stop for fuel, food, and coffee; this is the only Starbucks within 114 miles on I-10.
The property is a 2025-constructed, purpose-built Starbucks with drive-thru lane, operating on a NN+ lease with approximately 11+ years of term remaining, and six (6) five-year options to renew. The lease is backed by Starbucks Corporation, a publicly traded, investment-grade tenant (NASDAQ: SBUX) with over 36,000 locations globally.

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Property Facts

Sale Type
Investment
Property Type
Retail
Building Size
2,700 SF
Year Built
2025
Price
$3,192,000
Price Per SF
$1,182.22
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
1.40 AC
Parking
30 Spaces (11.11 Spaces per 1,000 SF Leased)
Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100

Nearby Major Retailers

Ruby Tuesday
Waffle House
Truist
Country Pride Restaurant
Sonny"s Real Pit Bar B-Q
Beef 'O' Brady's
  • Listing ID: 41461813

  • Date on Market: 7/28/2026

  • Last Updated:

  • Address: 2195 Highway 71, Marianna, FL 32448

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