1160 Jonesboro Rd | Mcdonough, GA 30253
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1160 Jonesboro Rd
Mcdonough, GA 30253
Starbucks · Retail Property For Sale
Investment Highlights
- 10-year corporate net lease to Starbucks Corporation (NASDAQ: “SBUX”)
- No early termination clause
- Starbucks Corporation is the world’s premier coffee company, with over 38,000 locations worldwide and $36B in annual revenue
- 10% rental increases every five years in initial term and option periods
- Investment-grade tenant, rated “BBB+” by Standard & Poor’s
- Per Statista, customers go to Starbucks six times per week on average
Executive Summary
This Starbucks is strategically located on Jonesboro Road, a primary east-west McDonough thoroughfare that experiences 33,800 vehicles per day directly in front of the property. An ideal location directly in between Downtown McDonough and Interstate 75 on the commuter side of the road gives the property excellent visibility.
Interstate 75 experiences a high traffic count of 169,000 vehicles per day, allowing the site to capture significant additional traffic from local residents and commuters alike.
This new Starbucks is located near strong local traffic drivers including Target, Home Depot, Sam’s Club, Kroger, Lowe’s, LA Fitness, Floor & Décor, Belk, Harbor Freight, QuikTrip, and many others.
99,992 residents live within five miles of the site, establishing a stable customer base for the property. The location features an excellent annual household income of $101,610 within a five-mile radius. Projected population and income increase within 1-, 3-, and 5-mile radii over the next five years poise Starbucks and McDonough for significant concurrent growth.
Interstate 75 experiences a high traffic count of 169,000 vehicles per day, allowing the site to capture significant additional traffic from local residents and commuters alike.
This new Starbucks is located near strong local traffic drivers including Target, Home Depot, Sam’s Club, Kroger, Lowe’s, LA Fitness, Floor & Décor, Belk, Harbor Freight, QuikTrip, and many others.
99,992 residents live within five miles of the site, establishing a stable customer base for the property. The location features an excellent annual household income of $101,610 within a five-mile radius. Projected population and income increase within 1-, 3-, and 5-mile radii over the next five years poise Starbucks and McDonough for significant concurrent growth.
PROPERTY FACTS
Sale Type
Investment NNN
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,500 SF
Building Class
B
Year Built
2024
Price
$4,091,815 CAD
Price Per SF
$1,637 CAD
Cap Rate
6%
NOI
$245,509 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.03
Lot Size
1.66 AC
Zoning
C3 - Commercial
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