Starbucks - Net Lease Property for Sale
Union Gap, WA
Key Investment Metrics
Price
$2,870,000
Cap Rate
5.2%
Net Operating Income
$147,805
Building Size
2460 SF
Lot Size
2,460 SF
Remaining Term
8.7 years
Lease Type
NNN
Tenant Credit
Credit Rated
Year Built
2023
Occupancy
100%
Tenancy
Single
Rent Increases
10% every 5 years
About This Starbucks Net Lease Property
This Starbucks NNN (triple net lease) property is located in Union Gap, WA 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 5.2%, this Starbucks net lease property offers stable income potential. The asking price is $2,870,000, 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.
Union Gap, WA Market Overview
Located in Union Gap, WA, this Starbucks property benefits from strong local demographics and market fundamentals. The Union Gap area offers excellent visibility and accessibility, making it an ideal location for Starbucks operations and a solid investment for net lease property buyers.