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Starbucks | New 10yr Corp NN | 2026 Constrc 329 Booth St 1,662 SF 4-Star Retail Building Reno, NV 89509 $3,621,000 ($2,178.70/SF) 4.75% Cap Rate
Investment Highlights
- Investment Grade Tenant (S&P: BBB+) | New 10-Year Lease | 10% Increases Every 5 Years | Brand New Construction
- Signalized, Hard Corner Intersection | Dense Retail Corridor
- NN Lease | Fee Simple Ownership | Limited Landlord Responsibilities
- Strong Demographics in 5-Mile Trade Area | Affluent Incomes
Executive Summary
• The site features brand new 2026 construction and the lease is signed by Starbucks Corporation (S&P: BBB+)
• The tenant recently signed a brand new 10-year lease with 4 (5-year) options to extend, demonstrating their long-term commitment to the site
• The lease features 10% increases every 5 years and at beginning of each option period, providing an investor with a hedge against inflation
• Starbucks has more than 40,000 stores worldwide, the company is the premier roaster and retailer of specialty coffee in the world
• The tenant recently signed a brand new 10-year lease with 4 (5-year) options to extend, demonstrating their long-term commitment to the site
• The lease features 10% increases every 5 years and at beginning of each option period, providing an investor with a hedge against inflation
• Starbucks has more than 40,000 stores worldwide, the company is the premier roaster and retailer of specialty coffee in the world
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
1,662 SF
Building Class
B
LoopNet Rating
4 Star
Year Built
2026
Price
$3,621,000
Price Per SF
$2,178.70
Cap Rate
4.75%
NOI
$172,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
0.48 AC
Zoning
NC - Neighborhood Commercial
Amenities
- Corner Lot
- Dedicated Turn Lane
- Restaurant
- Signage
- Signalized Intersection
- Drive Thru
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Starbucks
- Accommodation and Food Services
-
99,999 SF
- -
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Lorem Ipsum
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Jan 0000
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Starbucks | Accommodation and Food Services | 99,999 SF | - | Lorem Ipsum | Jan 0000 |
Walk Score®
Very Walkable (81)
Nearby Major Retailers
1 of 8
Videos
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Photos
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Presented by
Starbucks | New 10yr Corp NN | 2026 Constrc | 329 Booth St
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