Starbucks - Net Lease Property for Sale
Tumwater, WA
Key Investment Metrics
Price
$1,789,100
Cap Rate
5.5%
Net Operating Income
$98,400
Building Size
3000 SF
Lot Size
3,000 SF
Land Area
0.89 Acres
Remaining Term
5.2 years
Lease Expiration
03/31/2031
Lease Term
10.0 years
Lease Commencement
03/22/2021
Lease Type
NNN
Tenant Credit
Credit Rated
Year Built
N/A
Tenancy
Single
About This Starbucks Net Lease Property
This Starbucks NNN (triple net lease) property is located in Tumwater, WA and represents an excellent investment opportunity for commercial real estate investors. The property features 3000 square feet of building space.
With a cap rate of 5.5%, this Starbucks net lease property offers stable income potential. The asking price is $1,789,100, 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.
Tumwater, WA Market Overview
Located in Tumwater, WA, this Starbucks property benefits from strong local demographics and market fundamentals. The Tumwater area offers excellent visibility and accessibility, making it an ideal location for Starbucks operations and a solid investment for net lease property buyers.