Starbucks - New 10-Year Corporate Lease 2207 Veterans Memorial Dr 2,016 SF Retail Building Abbeville, LA 70510 $2,051,328 ($1,017.52/SF) 6.25% Cap Rate

The subject property is a newly constructed Starbucks drive-thru located in Abbeville, Louisiana. The brand-new 10-year lease is corporately guaranteed by Starbucks and includes structured rental increases every five years in the primary term and in the four five-year option periods.
This brand-new Starbucks is located in a vibrant area benefiting from excellent visibility and access along Veterans Memorial Drive, with traffic counts exceeding 21,500 vehicles per day. The property is surrounded by a growing population, with 188,000 residents within 15 miles and an average household income exceeding $95,000 annually. The site’s location in a high-traffic corridor ensures steady foot and vehicle traffic, making it an ideal investment opportunity. This investment offers a stable, long-term income stream backed by one of the most reputable global coffee brands. The NNN lease structure ensures minimal landlord responsibility while providing consistent rental growth every five years.
National retailers in the immediate vicinity include AutoZone, Walgreens, Wendy’s, O’Reilly Auto Parts, Fresenius, Dollar General, Capital One, Subway, Domino’s, Walmart, Verizon, Dollar Tree, AT&T, Chili’s, Lowe’s, Goodwill, and many more.