Property ID #: 18292
Tenant Name: Starbucks
Street Address:
City: Fayetteville
State: NC
Zip: 28312

COMPANY DESCRIPTION

Starbucks Corporation is the leading roaster, retailer, and marketer of specialty coffee in the world. Its operations include upwards of 7,300 coffee shops and kiosks in the United States, and nearly 3,000 in 34 other countries, with the largest numbers located in Japan, Canada, the United Kingdom, China, Taiwan, South Korea, the Philippines, Thailand, Malaysia, Mexico, Australia, Germany, and New Zealand.

Sector: Quick-Service Restaurants (QSR)

FINANCIAL PROFILE

Price: $2,125,000
NOI:
Cap Rate: 5.25
Price PSF: N/A
Rent PSF: N/A
Credit Rating (S&P): BBB+

LEASE ABSTRACT

Lease Type: NN
Years Remaining: 9.9
Initial Term Increases: 10% each option period
Initial Term Lease Begin: 0000-00-00
Initial Term Lease Expiration: 0000-00-00
Renewal Options: 6 five year options
Option Increases:
Rent Holidays:

PROPERTY OVERVIEW

Type of Ownership:
Year Built: 2020
Year Remodeled :
Tenancy :
Gross Leasable Area (GLA):
Building Size (SFT) : 2
Lot AC :

DEMOGRAPHICS

Population
1-Mile:
3-Mile:
5-Mile:
Average Household Income
1-Mile: 0.00
3-Mile: 0.00
5-Mile: 0.00

INFORMATION REQUEST

Reserve This 1031 Now