Log In/Sign Up
Your email has been sent.
Starbucks Drive-Thru - I-70 Near Columbus 655 Zane St 2,182 SF Retail Building Zanesville, OH 43701 $2,040,000 ($934.92/SF) 6.10% Cap Rate



Investment Highlights
- High Performing Store - More than 2x the national sales average
- Columbus Growth Market - Located just 50 miles east of Columbus, one of the fastest-growing metros in the Midwest, home to five Fortune 500 companies
- Investment-Grade Credit - Backed by a corporate guaranty from Starbucks (S&P: BBB+)
- Prime I-70 Location - Excellent visibility and access along a major interstate connecting Columbus to key Midwest and East Coast markets
- High-Traffic Retail Corridor - Adjacent to Texas Roadhouse and Chipotle, with strong national co-tenancy
- New 2023 Construction - Features Starbucks’ latest prototype with a high-volume drive-thru
Executive Summary
Pegasus Investments Real Estate Advisory Inc., in conjunction with ParaSell Inc., is pleased to present the opportunity to acquire the fee simple interest in a newly constructed, high-performing, single-tenant Starbucks drive-thru in Zanesville, Ohio. Positioned just east of Columbus along the I-70 corridor, this strategic interstate-adjacent location has demonstrated exceptional performance, generating sales at more than twice the national average. The Property is secured by a new 10-year corporate net lease with Starbucks Corporation (NASDAQ: SBUX), the world’s largest coffeehouse chain. Featuring minimal landlord responsibilities, long-term passive income, and strong underlying real estate, this offering represents an ideal opportunity for investors seeking stability, brand security, and long-term cash flow.
Built in 2023, the Property reflects Starbucks’ latest drive-thru prototype and is strategically positioned to serve both local commuters and regional travelers along one of the most heavily traveled interstates in the country. The lease includes 10% rental increases every five years, including throughout the four (4) five-year renewal options, offering reliable income growth and strong residual value. With its corporate guaranty, investment-grade credit (S&P: BBB+), and national brand recognition, Starbucks brings institutional-grade tenancy and a recession-resilient business model to this location.
The site enjoys exceptional visibility and access from Interstate 70 and sits in a high-traffic retail corridor anchored by national tenants such as Chipotle and Texas Roadhouse. The immediate trade area also includes a Pepsi Bottling plant and five nationally branded hotels, all within a one-block radius, contributing to consistent foot traffic from travelers, business professionals, and hotel guests. Zanesville itself is a well-located micropolitan market that benefits from its proximity to Columbus, low cost of living, and growing investment in downtown revitalization.
As one of the fastest-growing metros in the Midwest, Columbus offers a compelling backdrop for long-term investment. The city is home to five Fortune 500 companies, a diverse economy anchored by healthcare, logistics, tech, and education, and is experiencing sustained demographic growth that outpaces national trends. The combination of Starbucks’ global brand, a long-term corporate lease, and a high-visibility location along a major interstate positions this asset as a durable, cash-flowing investment in one of Central Ohio’s most strategically located commuter corridors.
Built in 2023, the Property reflects Starbucks’ latest drive-thru prototype and is strategically positioned to serve both local commuters and regional travelers along one of the most heavily traveled interstates in the country. The lease includes 10% rental increases every five years, including throughout the four (4) five-year renewal options, offering reliable income growth and strong residual value. With its corporate guaranty, investment-grade credit (S&P: BBB+), and national brand recognition, Starbucks brings institutional-grade tenancy and a recession-resilient business model to this location.
The site enjoys exceptional visibility and access from Interstate 70 and sits in a high-traffic retail corridor anchored by national tenants such as Chipotle and Texas Roadhouse. The immediate trade area also includes a Pepsi Bottling plant and five nationally branded hotels, all within a one-block radius, contributing to consistent foot traffic from travelers, business professionals, and hotel guests. Zanesville itself is a well-located micropolitan market that benefits from its proximity to Columbus, low cost of living, and growing investment in downtown revitalization.
As one of the fastest-growing metros in the Midwest, Columbus offers a compelling backdrop for long-term investment. The city is home to five Fortune 500 companies, a diverse economy anchored by healthcare, logistics, tech, and education, and is experiencing sustained demographic growth that outpaces national trends. The combination of Starbucks’ global brand, a long-term corporate lease, and a high-visibility location along a major interstate positions this asset as a durable, cash-flowing investment in one of Central Ohio’s most strategically located commuter corridors.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,182 SF
Building Class
B
Year Built
2023
Price
$2,040,000
Price Per SF
$934.92
Cap Rate
6.10%
NOI
$124,500
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
0.73 AC
Zoning
C-4
Parking
12 Spaces (5.5 Spaces per 1,000 SF Leased)
Frontage
50’ on Zane St
Amenities
- 24 Hour Access
- Dedicated Turn Lane
- Pylon Sign
- Signage
- Drive Thru
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Accommodation and Food Services
-
99,999 SF
- -
-
Lorem Ipsum
-
Jan 0000
Starbucks Corporation began in 1971 as a coffee bean retailer in Seattle's Pike Place Market. The company transformed into a coffeehouse under Howard Schultz's leadership in the 1980s. Starbucks expanded internationally in the 1990s, establishing a worldwide presence with company-operated stores and licensed locations. The business serves coffee beverages, teas, and various food items while operating through multiple segments including retail operations and product licensing. Starbucks maintains a significant global footprint in the coffee retail industry.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
Accommodation and Food Services | 99,999 SF | - | Lorem Ipsum | Jan 0000 |
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
20/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 84-59-01-02-000 | Improvements Assessment | $327,775 |
| Land Assessment | $97,440 | Total Assessment | $425,215 |
Property Taxes
Parcel Number
84-59-01-02-000
Land Assessment
$97,440
Improvements Assessment
$327,775
Total Assessment
$425,215
1 of 9
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
Starbucks Drive-Thru - I-70 Near Columbus | 655 Zane St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.

