Language and Region
Currency

Email*

Please enter a valid email address.

To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

Message

950 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Starbucks 3412 Boulder Hwy 900 SF Retail Building Las Vegas, NV 89121 $3,300,000 ($3,666.67/SF) 5% Cap Rate

.mosaic-column{display:inline-block!important;height:100%!important;width:auto!important}.mosaic-tile i{display:none!important}.mosaic-tile img{height:100%!important;width:auto!important}

Investment Highlights

CORPORATE STARBUCKS LEASE GURANTY – INVESTMENT GRADE CREDIT - BRAND NEW 10-YEAR LEASE
HIGH POPULATION DENSITY – STRONG DAYTIME WORKFORCE – DAYTIME POPULATION OF 429,600 WITHIN 3-MILE RADIUS
NATIONAL RETAIL SYNERGY – LOCATED NEAR MANY LAS VEGAS ATTRACTIONS & DESTINATIONS

HIGH TRAFFIC INTERSECTION AT BOULDER HWY & E SAHARA AVE – PROXIMITY TO I-11 (140,000 VPD) 3-MILES TO LAS VEGAS STRIP
STRATEGIC MARKET LOCATION – LIMITED DIRECT COMPETITION

Executive Summary

This brand new 2025 construction features a single-tenant, drive-thru only Starbucks on a new ten (10) year corporate lease with 10% rent increases every five years, and four (4) additional five (5) year extension options. The lease is backed by a corporate guaranty and includes minimal landlord responsibilities, with new construction warranties providing added security.
The property is well-positioned on Boulder Highway, which sees over 72,000 vehicles per day, offering strong visibility and accessibility. Located just three miles south of Historic Downtown Las Vegas and six miles from the Las Vegas Strip, this Starbucks is ideally situated to capture both local and tourist traffic.

Starbucks - Las Vegas, NV

Property Facts

Sale Type

Investment NNN

Sale Conditions

1031 Exchange

Property Type

Retail

Building Size

900 SF

Building Class

Year Built

2025

Price

$3,300,000

Price Per SF

$3,666.67

Cap Rate

NOI

$165,000

Tenancy

Single

Building Height

1 Story

Building FAR

0.04

Lot Size

0.55 AC

Zoning

H2 - Commercial General (CG)

Frontage

228’ on Boulder Highway

Major Tenants

Accommodation and Food Services
-
-
Triple Net
Jul 2035

Starbucks is a publicly traded coffeehouse and beverage company focused on the sourcing, roasting, and retailing of coffee and related products. Founded in 1971 in Seattle, Washington, the company began as a retailer of whole bean coffee and coffee equipment before evolving into a café-based model in the late 1980s. Starbucks operates company-owned and licensed locations across the Americas, Europe, the Middle East, Africa, and the Asia-Pacific region, supported by regional offices and corporate functions. The company’s operations include retail stores, roasting facilities, and supply chain infrastructure that supports both in-store and packaged goods channels. Starbucks has expanded its portfolio over time to include tea-based beverages, food offerings, and ready-to-drink products distributed through grocery and foodservice partners. The company has also developed premium concepts, including Starbucks Reserve, which emphasizes small-batch coffee and experiential retail formats. Starbucks is listed on the Nasdaq under the ticker symbol SBUX. Its corporate headquarters, known as the Starbucks Center, is located in Seattle and houses executive leadership, global operations, and administrative functions.