Starbucks - Net Lease Property for Sale
Cedar Rapids, IA
Key Investment Metrics
Price
$2,513,500
Cap Rate
6.0%
Net Operating Income
$150,810
Building Size
2437 SF
Lot Size
2,437 SF
Land Area
0.622 Acres
Remaining Term
9 years
Lease Type
NNN
Tenant Credit
Credit Rated
Year Built
2024
Occupancy
100%
Tenancy
Single
About This Starbucks Net Lease Property
This Starbucks NNN (triple net lease) property is located in Cedar Rapids, IA and represents an excellent investment opportunity for commercial real estate investors. The property features 2437 square feet of building space and was built in 2024.
With a cap rate of 6.0%, this Starbucks net lease property offers stable income potential. The asking price is $2,513,500, making it an attractive option for 1031 exchange investors seeking quality Starbucks commercial properties.
Why Invest in Starbucks NNN Properties?
- Stable Income: Starbucks net lease properties provide predictable cash flow with minimal landlord responsibilities.
- Strong Tenant: Starbucks is a nationally recognized brand with proven operational success.
- 1031 Exchange Eligible: This property qualifies for 1031 tax-deferred exchanges, allowing investors to defer capital gains taxes.
- Triple Net Lease: The tenant is responsible for property taxes, insurance, and maintenance, reducing landlord obligations.
Cedar Rapids, IA Market Overview
Located in Cedar Rapids, IA, this Starbucks property benefits from strong local demographics and market fundamentals. The Cedar Rapids area offers excellent visibility and accessibility, making it an ideal location for Starbucks operations and a solid investment for net lease property buyers.