Starbucks | 1000 S Broad St
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Starbucks 1000 S Broad St
2,500 SF Retail Building Brooksville, FL 34601 $5,623,103 CAD ($2,249 CAD/SF) 5.75% Cap Rate
Investment Highlights
- New 10-Year Corporate Lease with No Early Termination Clause
- Investment Grade Credit Tenant (Rated BBB+ by S&P), Ranked #125 on Fortune 500
- Mobile App and Drive-Thru Orders Make Up 70%+ of Sales
- 10% Rental Increases Every 5 Years in the Base Term and Options
- Brand New High-Quality Construction with a Patio and Drive-Thru
- Serving Over 80,000 Residents in Rapidly Growing Trade Area, 45 Miles North of Downtown Tampa
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
2,500 SF
Building Class
B
Year Built
2024
Price
$5,623,103 CAD
Price Per SF
$2,249 CAD
Cap Rate
5.75%
NOI
$323,315 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Land Acres
1.22 AC
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | R28-222-19-3695-0000-0070 | Improvements Assessment | $1,099,749 CAD |
Land Assessment | $466,656 CAD | Total Assessment | $1,566,405 CAD |
PROPERTY TAXES
Parcel Number
R28-222-19-3695-0000-0070
Land Assessment
$466,656 CAD
Improvements Assessment
$1,099,749 CAD
Total Assessment
$1,566,405 CAD
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Starbucks | 1000 S Broad St
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