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Starbucks 7901 Watson Rd 2,236 SF Retail Building Saint Louis, MO 63119 $3,216,000 ($1,438.28/SF) 6.15% Cap Rate
INVESTMENT HIGHLIGHTS
- Rare 15-year NNN lease with 10% rent increases every 5 years
- 2025 construction with drive-thru and modern prototype design
- Surrounded by 307,985 residents and $120,062 average household income
- Corporate-guaranteed lease by Starbucks (NASDAQ: SBUX)
- Located at a high-traffic signalized intersection with 35,932 VPD
- Adjacent to Walmart Supercenter and minutes from major universities
PROPERTY FACTS
Sale Type
Investment NNN
Sale Condition
Build to Suit
Property Type
Retail
Property Subtype
Building Size
2,236 SF
Building Class
B
Year Built
2025
Construction Status
Under Construction
Price
$3,216,000
Price Per SF
$1,438.28
Cap Rate
6.15%
NOI
$197,774
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
1.22 AC
Parking
25 Spaces (11.18 Spaces per 1,000 SF Leased)
Frontage
168’ on Old Rte 66
AMENITIES
- Drive Thru
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 24K-31-0695 | Improvements Assessment | $0 |
| Land Assessment | $187,200 | Total Assessment | $187,200 |
PROPERTY TAXES
Parcel Number
24K-31-0695
Land Assessment
$187,200
Improvements Assessment
$0
Total Assessment
$187,200
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Starbucks | 7901 Watson Rd
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