Investment Opportunity - Starbucks Tampa, Fl
This newly built 2,503 SF property in Tampa, FL features modern construction and high visibility on bustling W Hillsborough Ave, with over 54,500 vehicles passing daily.
Strong national tenant;Starbucks Corporation (NASDAQ: SBUX), rated BBB+ by S&P, ensuring security and long-term stability for investors.
Long-term lease commitment: A brand-new 10-year NN+ lease with six 5-year extension options showcases the tenant’s confidence in this thriving location.
Built-in rent growth: Strong 10% rental increases every five years, protecting your investment from inflation and steadily growing NOI.
Minimal landlord responsibilities. With a NN+ structure covering roof and structure only,
Located in a high income, no-state-income-tax market, offering both strong returns and a favorable investment environment
Favorable drive-thru and ample parking space allow convenient access.
Location
1797 W Hillsborough Ave
More Details
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$210,000 ($84/sf)7.00%
5.50%f
2,503 sf
0.84 Acres
2024
Starbucks (NASDAQ: SBUX) S&P: BBB+
9-2024 / 9-2034
Six, 5-yr options
10% Every 5 Years
Roof & Structure
