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STNL Starbucks 6700 Roosevelt Ave 1,649 SF Retail Building Middletown, OH 45005 $2,458,000 ($1,490.60/SF) 6.25% Cap Rate

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Investment Highlights

NNN Corporate Guaranteed Lease
10-Year Initial Term with Four 5-Year Renewal Options
Immediate Access to I-75 (93,130 VPD), the Primary North/South Thoroughfare Connecting Dayton and Cincinnati

Brand New 2025 Construction with Drive-Thru
Situated at a Hard Corner Signalized Intersection with 35,000 VPD
Located within a Highly Trafficked Corridor, Drawing Over 4.1MM Visits in the Last 6 Months (Placer.ai)

Executive Summary

This Starbucks features a 10-year NNN corporate guaranteed lease with four 5-year renewal options. The property includes new 2025 construction with a drive-thru and is situated on ±0.48 acres. Positioned on a hard corner signalized intersection with 35,000 VPD, the site offers immediate access to I-75 (93,210 VPD), the primary North/South thoroughfare connecting Dayton and Cincinnati. It also benefits from frontage along Roosevelt Blvd (Ohio SR-122), a major East/West local and regional artery and the key connector to I-75. The location sits within a highly trafficked retail corridor, drawing over 4.1MM visits in the last 6 months (Placer.ai) and is surrounded by national retailers including Lowe’s, ALDI, Planet Fitness, Kroger, and Walmart.
The broader Middletown area is undergoing significant growth, modernization, and industrial stability. Major developments include Renaissance Pointe, a $200MM, 50-acre mixed-use district, and the 32-acre Towne Mall Galleria redevelopment, located directly adjacent to the property. Industrial expansion is also underway, led by Cleveland-Cliffs’ Middletown Works. The trade area is supported by a population of +92,600 and an Avg HHI of +$84,900 within a 5 mile radius.
Watch Property Video: https://vimeo.com/1195557154

OM_Starbucks (Middletown, OH)

Property Facts

Sale Type

Investment NNN

Property Type

Retail

Property Subtype

Fast Food

Building Size

1,649 SF

Building Class

Year Built

2025

Price

$2,458,000

Price Per SF

$1,490.60

Cap Rate

6.25%

NOI

$153,635

Tenancy

Single

Building Height

1 Story

Building FAR

0.08

Lot Size

0.48 AC

Frontage

211’ on Roosevelt Avenue

Drive Thru

Accommodation and Food Services
99,999 SF
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Starbucks began in 1971 in Seattle's Pike Place Market as a seller of fresh-roasted whole bean coffee, and the business became a coffeehouse in 1987. The company now serves a global footprint of coffeehouses and roastery reserves, with a business built around specialty coffee, coffee drinks, food, cups, and merchandise. Starbucks also has a growing presence in consumer-packaged goods and foodservice, extending the brand beyond cafés while keeping coffee sourcing and roasting at the center of the model. Community support, sustainability, and responsible sourcing remain part of the company's broader operating approach.