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Starbucks | 8+yrs Remain Corp NNN 7331 US-24 Hwy 2,425 SF 100% Leased Retail Building Colorado Springs, CO 80915 $2,684,000 ($1,106.80/SF) 5.50% Cap Rate



Investment Highlights
- Peterson Space Force Base | Multi-Billion Dollar Economic Engine |$837M Annual Payroll | 16,676 Jobs Supported
- Crossroads Development | Positioned for Future Growth
- Adjacent to One of Colorado’s Largest Employment Hubs | Strategic Military Installation | $2.62 Billion Annual Economic Impact
Executive Summary
SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in a newly constructed Starbucks investment property located in Colorado Springs, Colorado. The tenant, Starbucks Corporation, executed an 10-year lease expiring March, 2035 with 4 (5-year) options to extend, demonstrating its long-term commitment to the site. The lease features attractive 10% rental increases every 5 years throughout the initial term and option periods, providing steady NOI growth and a hedge against inflation. The property is leased on a NNN basis with limited landlord responsibilities, creating an attractive investment opportunity with durable income backed by one of the world’s most recognized retail brands.
Property Facts
Sale Type
Investment NNN
Property Type
Building Size
2,425 SF
Year Built
2024
Price
$2,684,000
Price Per SF
$1,106.80
Cap Rate
5.50%
NOI
$147,619
Percent Leased
100%
Building Height
1 Story
Building FAR
0.07
Lot Size
0.79 AC
Zoning
CR - Commercial Regional
Parking
25 Spaces (10.31 Spaces per 1,000 SF Leased)
Amenities
- Restaurant
- Signage
- Drive Thru
Somewhat walkable
20/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 54083-05-007 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $245,720 |
Property Taxes
Parcel Number
54083-05-007
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$245,720
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Starbucks | 8+yrs Remain Corp NNN | 7331 US-24 Hwy
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