Starbucks - Net Lease Property for Sale
Spokane, WA
Key Investment Metrics
Price
$1,500,000
Cap Rate
7.0%
Net Operating Income
$105,000
Building Size
2011 SF
Lot Size
2,011 SF
Land Area
0.62 Acres
Lease Type
NNN
Year Built
2018
Tenancy
Single
About This Starbucks Net Lease Property
This Starbucks NNN (triple net lease) property is located in Spokane, WA and represents an excellent investment opportunity for commercial real estate investors. The property features 2011 square feet of building space and was built in 2018.
With a cap rate of 7.0%, this Starbucks net lease property offers stable income potential. The asking price is $1,500,000, 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.
Spokane, WA Market Overview
Located in Spokane, WA, this Starbucks property benefits from strong local demographics and market fundamentals. The Spokane area offers excellent visibility and accessibility, making it an ideal location for Starbucks operations and a solid investment for net lease property buyers.