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Starbucks 620 N 21st Ave 2,539 SF Retail Building Caldwell, ID 83605 $3,271,028 ($1,288.31/SF) 5.35% Cap Rate



INVESTMENT HIGHLIGHTS
- Brand new construction
- Prominent street presence w/ various access points on a major thoroughfare (21st St) in Caldwell, Idaho
- Long-term Lease
EXECUTIVE SUMMARY
Fully Leased Starbucks | New 10-Year NNN Lease |
Outstanding opportunity to acquire a brand-new, single-tenant Starbucks investment located in a high-growth corridor. This corporate-guaranteed lease features a full 10-year NNN term, providing durable cash flow and passive income. The asset is positioned on a major corridor with strong traffic counts and excellent visibility, surrounded by national retailers.
Outstanding opportunity to acquire a brand-new, single-tenant Starbucks investment located in a high-growth corridor. This corporate-guaranteed lease features a full 10-year NNN term, providing durable cash flow and passive income. The asset is positioned on a major corridor with strong traffic counts and excellent visibility, surrounded by national retailers.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Building Size
2,539 SF
Year Built
2024
Price
$3,271,028
Price Per SF
$1,288.31
Cap Rate
5.35%
NOI
$175,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
0.93 AC
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Starbucks
- Retailer
-
99,999 SF
- -
-
Lorem Ipsum
-
Jan 0000
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Starbucks | Retailer | 99,999 SF | - | Lorem Ipsum | Jan 0000 |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | R353731010 | Improvements Assessment | $2,073,190 |
| Land Assessment | $423,410 | Total Assessment | $2,496,600 |
PROPERTY TAXES
Parcel Number
R353731010
Land Assessment
$423,410
Improvements Assessment
$2,073,190
Total Assessment
$2,496,600
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Starbucks | 620 N 21st Ave
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