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Starbucks & Taco Bell, Franklin Square 2 Retail Properties Offered at $11,176,471 in Franklin Square, NY
INVESTMENT HIGHLIGHTS
- New Construction: Brand-new, dual drive-thru properties featuring strong rental increases throughout the term. Both tenants have opened
- Investment Grade Tenants: Starbucks (NASDAQ: SBUX, S&P: BBB+) and Taco Bell/Yum Brands! (NYSE: YUM, S&P: BB+)
- High Barrier to Entry: Complex and time-consuming entitlement and approval processes limit new tenant relocation opportunities.
- Starbucks opened in September 2025, and Taco Bell opened in October 2025.
- Starbucks Relocation: Tenant is relocating from a high-performing café-only location ranked in the top 94th percentile nationally.
- Affluent Market: $144,000 average household income within a 5-mile radius. Dense infill-market: Over 816,000 residents within a 5-mile radius.
EXECUTIVE SUMMARY
Marcus & Millichap is pleased to present 596 Franklin Avenue, a net-lease property in Franklin Square, NY. The property features a Taco Bell Drive-thru & Starbucks Drive-thru on a 2.33-acre parcel. Taco Bell is operating under a 20-year NNN lease with four (5) year options, and Starbucks is under a 10-year NN lease with three (5) year options.
PROPERTY FACTS
| Price | $11,176,471 | Number of Properties | 2 |
| Price / SF | $2,302 / SF | Individually For Sale | 0 |
| Sale Type | Investment | Total Building Size | 4,856 SF |
| Status | Active | Total Land Area | 2.23 AC |
| Price | $11,176,471 |
| Price / SF | $2,302 / SF |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 4,856 SF |
| Total Land Area | 2.23 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| 596 Franklin Ave, Franklin Square, NY 11010 | Retail | 2,520 SF | 2025 | - |
| 596 Franklin Ave, Franklin Square, NY 11010 | Retail | 2,336 SF | 2025 | - |
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Starbucks & Taco Bell, Franklin Square
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