Starbucks -- Gunnison CO | 501 W Tomichi Ave
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Starbucks -- Gunnison CO 501 W Tomichi Ave
2,624 SF Retail Building Gunnison, CO 81230 $2,944,242 CAD ($1,122 CAD/SF) 5% Cap Rate
Investment Highlights
- Partially covered patio with fireplace
- Large interior café area
- Easy access and visibility on Gunnison's main thoroughfare
- Drive through access
- Ample parking
Executive Summary
Don't miss this chance to own a freestanding Starbucks with a drive-thru and partially covered patio in a prime location on Tomichi Avenue, Gunnison's main thoroughfare. The property, currently under construction, features a modern design, ample off-street parking, and cozy outdoor fireplace. The café is approximately 2,624 square feet situated on 0.53 acres of land directly on the route between Gunnison Crested Butte Airport and Crested Butte Ski Resort. Starbucks is set to open March 2024 with a ten (10) year primary term (no early termination) with 10% escalators every five (5) years and four (4) five (5) year options. This is a great chance to invest in a national brand with a loyal customer base and a proven track record of success.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Restaurant
Building Size
2,624 SF
Building Class
B
Year Built
2024
Price
$2,944,242 CAD
Price Per SF
$1,122 CAD
Cap Rate
5%
NOI
$147,212 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
0.53 AC
Opportunity Zone
Yes
Zoning
Commercial
Parking
18 Spaces (6.86 Spaces per 1,000 SF Leased)
Frontage
125 ft on Tomichi Ave
Amenities
- 24 Hour Access
- Corner Lot
- Fireplace
- Security System
- Signage
- Tenant Controlled HVAC
- Drive Thru
- Air Conditioning
Walk Score ®
Very Walkable (80)
Bike Score ®
Biker's Paradise (100)
Nearby Major Retailers
1 of 8
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Presented by
Cache Development
Starbucks -- Gunnison CO | 501 W Tomichi Ave
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