Starbucks - Net Lease Property for Sale
Flat Rock, NC
Key Investment Metrics
Price
$2,250,000
Cap Rate
6.0%
Net Operating Income
$134,989
Building Size
2600 SF
Lot Size
2,600 SF
Land Area
0.86 Acres
Remaining Term
7.9 years
Lease Expiration
11/29/2033
Lease Term
10.1 years
Lease Commencement
11/10/2023
Lease Type
NN
Tenant Credit
Corporate Guarantee
Year Built
2023
Occupancy
100%
Tenancy
Single
Rent Increases
5% x 5 Years
About This Starbucks Net Lease Property
This Starbucks NNN (triple net lease) property is located in Flat Rock, NC and represents an excellent investment opportunity for commercial real estate investors. The property features 2600 square feet of building space and was built in 2023.
With a cap rate of 6.0%, this Starbucks net lease property offers stable income potential. The asking price is $2,250,000, 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.
Flat Rock, NC Market Overview
Located in Flat Rock, NC, this Starbucks property benefits from strong local demographics and market fundamentals. The Flat Rock area offers excellent visibility and accessibility, making it an ideal location for Starbucks operations and a solid investment for net lease property buyers.