Starbucks - Net Lease Property for Sale
Green Bay, WI
Key Investment Metrics
Price
$1,810,560
Cap Rate
6.3%
Net Operating Income
$113,160
Building Size
2460 SF
Lot Size
2,460 SF
Land Area
0.9 Acres
Remaining Term
7.6 years
Lease Expiration
07/31/2033
Lease Term
10 years
Lease Commencement
07/19/2023
Lease Type
NN+
Tenant Credit
Credit Rated, Corporate Guarantee
Year Built
2023
Occupancy
100%
Tenancy
Single
Rent Increases
$2.00 PSF every five years
About This Starbucks Net Lease Property
This Starbucks NNN (triple net lease) property is located in Green Bay, WI and represents an excellent investment opportunity for commercial real estate investors. The property features 2460 square feet of building space and was built in 2023.
With a cap rate of 6.3%, this Starbucks net lease property offers stable income potential. The asking price is $1,810,560, 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.
Green Bay, WI Market Overview
Located in Green Bay, WI, this Starbucks property benefits from strong local demographics and market fundamentals. The Green Bay area offers excellent visibility and accessibility, making it an ideal location for Starbucks operations and a solid investment for net lease property buyers.