Log In/Sign Up
Your email has been sent.
Starbucks - Greenville, SC MSA 4498 SC-81 2,500 SF Retail Building Anderson, SC 29621 $2,967,000 ($1,186.80/SF) 6% Cap Rate
Investment Highlights
- CORPORATE GUARANTEE FROM CREDIT WORTHY TENANT
- POSITIONED NEXT TO MARKET DRIVERS
- NEW CONSTRUCTION ON MAJOR INTERSTATE EXIT
Executive Summary
BRAND NEW 10-YEAR LEASE
- Corporate Guarantee from Credit Rated Tenant
- 10% rental increases every 5 years including options
- Four (4) - five (5) year options
- Minimal LL responsibilities
CORPORATE GUARANTEE FROM CREDIT WORTHY TENANT
- Starbucks has a S&P credit rating of BBB+
- Over 35,000 locations worldwide
- $30.3B Total Revenue
LOCATED IN AFFLUENT AND HIGH GROWTH TRADE AREA
- Average Household Income exceeds $130K in 1 and 3 mile radius providing high disposal income for consumers in area
- Adjacent to Anderson Reservoir Development, a 1,250 acre master planned mixeduse community providing 1,000 new homes in the immediate area
TOP-TIER SUNBELT MSA
- Greenville-Anderson-Mauldin MSA anchored by ~945,301 residents with 1.49% YoY growth
- Median household income of roughly $71,230 with that metric improving to $87,280 within a 1-mile radius of the site
- GSP international 12.3% YoY passenger growth
- Continued population migration from the Northeast and Midwest fuel infrastructure and investment
NEW CONSTRUCTION ON MAJOR INTERSTATE EXIT
- New build-to-suit Starbucks with drive through to service commuters off of I-85 (75,000 VPD)
- Transferable warranties in place, mitigating near-term capital expenditure for next owner
POSITIONED NEXT TO MARKET DRIVERS
- Daily demand from nearby Clemson University (29,565 total enrollment 2025)
- Over 3MSF of industrial space located in a 1-mile radius acting as major employment hubs and driving consumer demand in the trade area
- Nearby employer Prisma Health reports 32,000+ team members and 1.6M+ patients served annually
- BMWs plant in Spartanburg reported exports of ~225,000 vehicles in 2024 with an export value $10B
- Corporate Guarantee from Credit Rated Tenant
- 10% rental increases every 5 years including options
- Four (4) - five (5) year options
- Minimal LL responsibilities
CORPORATE GUARANTEE FROM CREDIT WORTHY TENANT
- Starbucks has a S&P credit rating of BBB+
- Over 35,000 locations worldwide
- $30.3B Total Revenue
LOCATED IN AFFLUENT AND HIGH GROWTH TRADE AREA
- Average Household Income exceeds $130K in 1 and 3 mile radius providing high disposal income for consumers in area
- Adjacent to Anderson Reservoir Development, a 1,250 acre master planned mixeduse community providing 1,000 new homes in the immediate area
TOP-TIER SUNBELT MSA
- Greenville-Anderson-Mauldin MSA anchored by ~945,301 residents with 1.49% YoY growth
- Median household income of roughly $71,230 with that metric improving to $87,280 within a 1-mile radius of the site
- GSP international 12.3% YoY passenger growth
- Continued population migration from the Northeast and Midwest fuel infrastructure and investment
NEW CONSTRUCTION ON MAJOR INTERSTATE EXIT
- New build-to-suit Starbucks with drive through to service commuters off of I-85 (75,000 VPD)
- Transferable warranties in place, mitigating near-term capital expenditure for next owner
POSITIONED NEXT TO MARKET DRIVERS
- Daily demand from nearby Clemson University (29,565 total enrollment 2025)
- Over 3MSF of industrial space located in a 1-mile radius acting as major employment hubs and driving consumer demand in the trade area
- Nearby employer Prisma Health reports 32,000+ team members and 1.6M+ patients served annually
- BMWs plant in Spartanburg reported exports of ~225,000 vehicles in 2024 with an export value $10B
Property Facts
Sale Type
Investment
Property Type
Building Size
2,500 SF
Year Built
2026
Price
$2,967,000
Price Per SF
$1,186.80
Cap Rate
6%
NOI
$178,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
1.08 AC
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Starbucks
- Retailer
- 2,500 SF
- -
- Double Net
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Starbucks | Retailer | 2,500 SF | - | Double Net | - |
Property Taxes
| Parcel Number | 169-00-13-042 | Improvements Assessment | $0 |
| Land Assessment | $25,500 | Total Assessment | $25,500 |
Property Taxes
Parcel Number
169-00-13-042
Land Assessment
$25,500
Improvements Assessment
$0
Total Assessment
$25,500
Contacts
-
Mike Lucier -
David Hoppe -
Eric Suffoletto -
Ben Olmstead -
Ben McCarter -
Connor Kuchman -
Atlantic Capital Partners
1 of 6
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
Starbucks - Greenville, SC MSA | 4498 SC-81
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.