622 Hugh Adams Rd | Defuniak Springs, FL 32435
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
622 Hugh Adams Rd
Defuniak Springs, FL 32435
Starbucks | DeFuniak Springs · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 10-year corporate net lease to Starbucks Corporation
- 10% fixed rental increases every five years, providing a hedge against inflation
- New 2022 construction with dedicated double drive-thru and patio seating for added customer convenience
- Below market rent for new build-to-suit Starbucks in Florida
- Investment grade tenant, rated “BBB+” by Standard & Poor’s
- Located in an income tax-free state
PROPERTY FACTS
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,500 SF
Building Class
B
Year Built
2022
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
0.62 AC
Zoning
C-2 - Commercial
Parking
79 Spaces (30.76 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Drive Thru
PROPERTY TAXES
| Parcel Number | 02-2N-19-18000-046-0010 | Improvements Assessment | $1,651,254 |
| Land Assessment | $324,084 | Total Assessment | $1,975,338 |
PROPERTY TAXES
Parcel Number
02-2N-19-18000-046-0010
Land Assessment
$324,084
Improvements Assessment
$1,651,254
Total Assessment
$1,975,338
1 of 1
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
