23250-US Highway 27 | Lake Wales, FL 33859
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23250-US Highway 27
Lake Wales, FL 33859
Starbucks | Rare 15-YR Lease | Self-Maintain · Retail Property For Sale
Investment Highlights
- Rare opportunity to own a hyper secure, newly constructed 15-YR Starbucks in Central Florida
- Starbucks Corporation guarantees the lease and is responsible for maintaining the parcel which provides passive ownership and long-term stable cash fl
- Fixed 10% increases every 5 years provide a hedge against inflation and consistent rent growth
- Lake County's population has surged by more than 17% since 2020 making it one of the fastest growing counties in Florida
- Brand new construction with drive-thru and 20-year transferable roof warranty
- Fee simple ownership of the building allows for depreciation boosting after tax returns
Property Facts
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,500 SF
Building Class
B
Year Built
2025
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
1.16 AC
Zoning
C-3 - Commercial
Frontage
248’ on US Highway 27
Amenities
- Drive Thru
- Air Conditioning
Property Taxes
| Parcel Number | 27-29-21-866002-000010 | Improvements Assessment | $0 |
| Land Assessment | $582,620 | Total Assessment | $582,620 |
Property Taxes
Parcel Number
27-29-21-866002-000010
Land Assessment
$582,620
Improvements Assessment
$0
Total Assessment
$582,620
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