Investment Opportunity - Starbucks Milton, FL
Brand-New 2025 Construction with Long-Term Stability – Newly built Starbucks featuring a 10-Year Self-Maintained Net Lease with 9 years remaining, delivering immediate and predictable cash flow.
Investment-Grade Tenant & Corporate Guarantee – Lease guaranteed by Starbucks Corporation (Parent), one of the world’s strongest and most recognizable retail brands.
Strong Built-In Rent Growth – 10% rental increases every 5 years, providing reliable income appreciation and an inflation hedge over the hold period.
Attractive Net-Lease Structure – NN+ lease with tenant self-maintaining the parcel, significantly reducing landlord responsibilities and operational risk.
High-Quality Real Estate Fundamentals – 2,500 SF freestanding building on 0.84 acres, constructed in 2025 with a 20-year roof warranty, minimizing future capital expenditures.
Long-Term Upside & Exit Flexibility – Six (6) five-year renewal options, no early termination rights, and a proven global tenant enhance long-term value and buyer exit optionality.
Location
5867 Dogwood Dr, Milton, FL
More Details - Portfolio
NOI:
Cap Rate:
Leasable Area:
Lot Size:
Year Built:
Guarantor:
Term:
Renewal: Options:
Rent Increases:
$165,000 ($66/sf)
5.65%
2,500 sf
0.84 Acres
2025
Starbucks Corporation (Parent)
2/2025 - 2/2033
Six, 5-yr options
10% Every 5 Years
