Starbucks - NNN Net Lease Property for Sale
Newton, IA
Price
$2,800,000
Cap Rate
6.0%
Building Size
2225 SF
Year Built
2023

About This Starbucks Net Lease Property
This Starbucks NNN (triple net lease) property is located in Newton, IA and represents an excellent investment opportunity for commercial real estate investors. The property features2225 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 $2,800,000, 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.
Newton, IA Market Overview
Located in Newton, IA, this Starbucks property benefits from strong local demographics and market fundamentals. The Newton area offers excellent visibility and accessibility, making it an ideal location for Starbucks operations and a solid investment for net lease property buyers.