Net lease advisor starbucks

net lease advisor starbucks 82 $60. Marcus’s expertise encompasses asset disposition, family trusts, partnership dissolution, divorce, estates, private equity, distressed property, 1031 exchanges, sale leasebacks and process . 18 $31. Sands Investment Group is Pleased to Exclusively Offer For Sale the Brand-New Starbucks Triple Net Lease Investment Opportunity Located at the 241 North Central Avenue in the Heart of Downtown Glendale, California. The tenant, Starbucks Corporation, Operates Approximately 32,000 Retail Stores in 83 Countries/Markets (as of October 31, 2020). Constructed in 2006, Starbucks just renewed their original lease for an additional 10 years, showing long term commitment to the site. The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant net lease Starbucks property located at 630 Northwest Highway in Cary, Illinois for $1,650,000. There are 10% rent increases in year 6 of the primary lease term and in each of the three extension periods. Termination Fee None Operating Expenses CAM Tenant shall self maintain. Sands Investment Group is Pleased to Exclusively Offer For Sale the 1,015 SF Starbucks Net Lease Property Located at 418 E Broadway Street in North Little Rock, Arkansas. 22%. 5+ Years Remaining on Corporate Lease with Starbucks; New 2019 Construction with a Drive-Thru; 10% Rental Increases Every 5 Years; 31,454 Residents in Growing Cottonwood Trade Area - Households Projected to Increase 4%+ within a 5-Mile Radius by 2024 Starbucks Property Address 1787 Blanding Boulevard, Middleburg, FL, USA . Price Range: $1M - $2M. This was the Net Lease Advisory Group’s 25 th Starbucks closing in the last 24 months. Starbucks Anchored -With Drive-Thru (Extended 10 Years In 2016) Run Away Shoes Expanded & Extended Eight Years In 2015; All Tenants Report Sales/Financials Besides Starbucks & Enterprise; All But One Lease Structured As Triple-Net (Limited Landlord Responsibilities) Both Buildings Built In 2006 -Class “A” Construction to market Starbucks in Miamisburg, Ohio. (2017, December 29). S. We work harder than anyone and we work at it all of the time. The lease is structured as double net with roof and structure responsible by landlord. James Capital Advisors is a Los Angeles-based commercial real estate brokerage specializing in net lease and multifamily investments. › Verified 6 days ago Lease Expiration Date 10. such as interest and lease payments, with its earnings. 15. 472+/- Acre Site Anchored by Starbucks Corporation, An S&P BBB+ Rated Company Excellent Signalized STARBUCKS 4 PRICING & FINANCIAL ANALYSIS LOCATION ANNUALIZED OPERATING DATA 2008 6th Avenue Annual Rent Tacoma, WA 98403 March 1, 2018 – February 28, 2023 $48,616. Request for payment, initial new store rent, utility & trash reimbursement, and TI Allowance. Starbucks would be paying for your insurance, your taxes, all the building repairs, the parking lots, windows, roof, electrical, and more. $2,700,000. Starbucks Plans for Drive-Thru Single Tenant Net Lease Expansion Coffee Chain Was Most Prolific Signer of Retail Leases in 2020, But Committed to Smaller Spaces Starbucks Corp. This brand new Starbucks has a 10-year Net lease, with 3-five year extensions. Starbucks Net Lease Advisor. Starbucks is an attractive asset for many real estate investors due to its strong corporate guarantee, high credit rating, and over 32,000 stores worldwide. Starbucks Reports Q4 and Full Year Fiscal . Suite 650 The lease does not contain any Early Termination Clause, giving the investor firm and dependable income for the duration of the lease. 6262+/- Acres Tenant Name Starbucks Credit Rating S&P: A-; Moody’s: A2 Stock Symbol Nasdaq: SBUX Guarantor Corporate Ownership Type Fee Simple Lease Type NN* Ladt Patel Investment Advisors of Colliers International is dedicated to investment sales of net lease assets and multi-tenant shopping centers located throughout the United States. Who We Are. Operating Lease. Strong Investment – Providing a New Investor With Minimum . Rather, the “fall” that begins when Starbucks starts peddling its autumn beverages. The value of a net leased property to you depends on factors that should be evaluated by you and your tax, fi nancial and legal advisors. Join to Connect Starbucks -Retired. 72 Rentable Square Feet 3,170+/- SF Land Area 0. • BBB+ Credit Rating from Standard & Poor's (S&P). Sands Investment Group is Pleased to Exclusively Offer For Sale the Starbucks NNN Lease Strip Center Located at 3241 Sixes Road in Canton, Georgia. Investment Dutch Bros operates on a 15 year Absolute Triple-Net (NNN) lease with tenant fully . Ladt Patel Investment Advisors of Colliers International is dedicated to investment sales of net lease assets and multi-tenant shopping centers located throughout the United States. Cap Rate: 5. Advisors Your Practice . Starbucks is the World’s Largest Coffeehouse . Limited Competition - This site is the only Starbucks in Northeast Bakersfield with the closest Starbucks over 4. Investopedia - Sharper Insight. Let's say this amount is $20,000 a month. Learn more at starbucks. Marcus Thefeld specializes in the acquisition and disposition of net-leased and multi-tenant retail properties throughout San Diego County and Nationwide. New 10-Year Lease with Starbucks Corporate; Brand New 2020 Construction; 164,503 Residents within a 5-Mile Radius - Infill Jacksonville, FL; 10% Rental Increases Every 5 Years Newer buildings commonly come with a roof warranty for a number of years, making the lease a de facto triple net lease. 40% Cap Rate Retail Buildings Arizona Mesa Financial Lease Advisor at Starbucks -Retired United States 13 connections. Starbucks signed a new 10-year lease, keeping their option to terminate in year 5, however they are required to give 6 months notice to the landlord and pay a penalty of about $50,000. Featured News | Starbucks Newsroom. This lease, recently signed by Starbucks Corporation (S&P “A”), provides 10 years of guaranteed income from one of the most stable and credit-worthy restaurant corporations in the world. com . Doing more with 50% less. Net Operating Income (NOI as of 03/01/2019) $84,700 Rent/Month $7,058. Store number references can also be found on most Starbucks communications to landlords, including rent checks, estoppel certificates and legal notices. Starbucks as a Net-Lease Investment. Lease Expiration: 7/31/2028. There are currently 10 years remaining on a double-net lease, with minimal landlord Starbucks has a Brand New 10-Year NN Lease with an Attractive 10% Rental Escalations every 5 Years. The Starbucks Company has over 11,000 locations in the United States alone. For a triple net lease property owner, which we will discuss later in this article, the tenant pays for 100 percent of those charges as stated in the lease. 23% Occupancy Date — 04/01/2019 NOI — $ 85,000 Year Built — 2019 Lot Size — 0. Net Lease Advisor is the leading provider of information in the single tenant net lease (STNL) marketplace for investors looking to evaluate NNN listings. advisoryteam@colliers. Starbucks is an investment grade rated company with a Standard and Poor’s rating of A-. » 9. 5 miles away from this site. 74 Acres LEASE SUMMARY Lease Type Double-Net (NN) Lease Tenant Starbucks Corporation Guarantor Corporate Roof & Structure Landlord Responsible Lease Commencement Date August 12, 2019 Lease Expiration Date August 31, 2029 Lease Term 10 Years Rental Increases 10% Every 5 Years Investment Type — Net Lease Tenant Credit — Credit Rated Tenancy — Single Term — 10 Years Lease Commencement — 04/01/2019 Available SF — 2,200 Price per SF — $ 738. Retrieved May 15, 2018, from (2017, November 2). the relocation of successful Starbucks store with established sales. 00, 10% increase every 5 years Lease Type Absolute Net Starbucks Termination Right Starbucks has a right on the last day of the 120th and 180th full calendar month to terminate. • Household Income Within a 1 Mile Radius is Over $66,000. 6262+/- Acres Tenant Name Starbucks Credit Rating S&P: A-; Moody’s: A2 Stock Symbol Nasdaq: SBUX Guarantor Corporate Ownership Type Fee Simple Lease Type NN* Investment Real Estate Advisors is a real estate practice that specializes in brokering and developing Net Lease assets nationwide. Worst case scenario, that equates to almost an entire year of cash flow for the landlord if they do plan to exercise their option to terminate in year 5. These Starbucks Triple Net Lease Investments see quite a bit of action. Read more. 2021 Remodel. 38 Starbucks Primary Base Term 20 years Annual Base Rent $125,000. For the fiscal year ending 2014 Starbucks generated revenue of $16. As a national advisory firm, JCA provides a first class commercial real estate experience through collaboration, transparency and innovation. The Starbucks Coffee Company is adding hundreds of new locations to its US . Price: $4,600,000 . That's the best part about a triple net lease. The average sale price of a Starbucks store is about $2-3 million, which makes it attainable for new investors as well as experienced investors. C. Ever since it introduced its pumpkin spice latte — or PSL, as serious Starbucks fans are apt to call it — in 2003, the Seattle-based company has turned a flavoring into a phenomenon, one that sparked a wave of pumpkin-spice products, from cereal to vodka. Explore the menu, sign up for Starbucks® Rewards, manage your gift card and more. Starbucks Real Estate Requirements: A Guide To Leasing . Most of the time, NNN tenants are national franchises such as Walmart, CVS, Walgreens, Starbucks , and Family Dollar. 2016 Construction. 0 Years* Lease Expiration Date 2/28/2028 Term Remaining on Lease 9. Brentwood Blvd. Starbucks Anchored -With Drive-Thru (Extended 10 Years In 2016) Run Away Shoes Expanded & Extended Eight Years In 2015; All Tenants Report Sales/Financials Besides Starbucks & Enterprise; All But One Lease Structured As Triple-Net (Limited Landlord Responsibilities) Both Buildings Built In 2006 -Class “A” Construction Starbucks is the world’s leading coffee company and coffeehouse chain with approximately 26,000 locations in over 60 countries. Buyer and Buyer . In 2006 when Starbucks moved in they signed a 10-year lease and the property was fully renovated inside and out to fit Starbucks’ prototype. Additionally, rent increases at a rate of 10% every five years during the initial term and options, providing increasing cash flow and a hedge against . Tenant is responsible for real estate taxes, landlord’s insurance and common area maintenance and HVAC. 1031 exchange advisors and NNN investment experts . With a net lease, the tenant pays for most of the property’s operating expenses. 64 CAP Rate — 5. Average Cap Rate. Whether its finding suitable properties for Buyers or selling NNN assets, IREA has the contacts and avenues to get the job done, many times working with . Investment Type — Net Lease Tenant Credit — Credit Rated Tenancy — Single Tenants — 1 Term — 10 years Rent Commencement — 10/21/2020 Lease Expiration — 2/28/2031 Available SF — 2833 Price per SF — $ 641. Westwood Net Lease Advisors does not accept any responsibility or liability for the accuracy, content, completeness, legality, or reliability of the information contained herein. Since 1971, Starbucks Coffee Company has been sourcing, roasting, and selling high-quality, handcrafted arabica coffee, along with other food and beverages items. “Starbucks is a world-class brand and continues to be one of the most sought-after single-tenant retail investments in today’s market,” said Walseth. Chris Schellin of Westwood Net Lease Advisors represented the buyer from Charleston, S. 66 Acres Lease Options — 4 - 5 Year Options Class — A Net . Investment Real Estate Advisors is a real estate practice that specializes in brokering and developing Net Lease assets nationwide. 46+/- Acre Site; 10 Yr Net Lease w/ Starbucks Corp. Starbucks S&P credit . on August 25, 2021 at 3:41 pm . Starbucks Points of Contact, responding to a notice, or reporting an issue. Triple Net Lease Adviser Overview. Premises: 5,765 SF. The lease does not contain any Early Termination Clause, giving the investor firm and dependable income for the duration of the lease. 46+/- Acre Site 10 Yr Net Lease w/ Starbucks Corp. “We continue to see Starbucks’ trade at record low cap . By leveraging our unique platform, we have represented clients across the country with a full spectrum of investments and properties. 54% and pre-tax operating margin of 18. Report this profile Experience . Starbucks is # 121 on the Fortune 500. Net Leased Starbucks Property Profile and Cap Rates. 2018 Construction. This Opportunity Includes Brand New Construction and a Long-Term 10 Year Starbucks Net Lease That Recently . Average Property & Lease. Starbucks offers eligible partners the opportunity to earn a bachelor’s degree with 100% tuition coverage, coaching, counseling and advising through Arizona State University’s top-ranked online degree programs. 18% . NNN Investment Advisors is pleased to present the opportunity to purchase a portfolio of two (2) Starbucks drive-thru locations in northern Florida. asu. 9,413+/- SF Building on 1. The new construction net lease Starbucks property is strategically located along Northwest Highway which is the primary thoroughfare in the trade area. 1%. 96%. Starbucks locations are normally located in both urban and suburban areas of Florida. Ownership Public Tenant Corporate Guarantor Credit Investment Grade, S&P: BBB+ Lease Guarantor Corporate, Public, NYSE: SBUX Lease Type Fee Simple Roof and Structure Landlord Responsible Lease Term 10. Lease Type: NN. Westwood Net Lease Advisors, LLC 1401 S. starbucks. 60% $127,996 Year Built 2019 Lot Size . The site benefits from strong national co-tenancy in the adjoining Let's say this amount is $20,000 a month. As of May 2021, Starbucks' net margin was 4. Investment Overview. Evidencing its commitment to these sites, Starbucks recently extended its net lease by 10 years with four (4), 5-year renewals with 10% rent increases in the op-tions and removed the . Our goal is to reduce our footprint by half in the following areas: Carbon emissions —storing more than we emit; waste sent to landfills, using thoughtful alternatives; water used in direct operations and coffee production through conservation or replenishment. & No Early Termination Clause; Excellent Signalized Location at I-44 (Will Rogers Expy) & SW 29th St (80K VPD) corporate net lease to high-quality, investment grade, single-tenant asset » Leased to Starbucks Corporation for 10 years, plus four (4) five-year options » 10% fixed rental increases every five years in initial term and extension terms, providing a hedge against inflation Let's say this amount is $20,000 a month. Houses (7 days ago) Starbucks Net Lease Advisor. Net Leased Starbucks – Typical Property and Lease Terms. 973-900-1827. 00 March 1, 2023 – February 28, 2028 $53,560. With over 13,000 . KFC - CVS - Walmart - NNN Wawa. Date October 5, 2020. Starbucks is committed to this location as evidenced by their recent decision to extend the lease for an additional ten years. hopes to pick up the pace on building new U. Double-Net (NN) Lease Tenant: Starbucks Corporation . Corporate Guarantee from Investment Grade Credit Tenant - Starbucks (SBUX) is the world’s leading coffee retailer with annual revenue of more than $22 billion and an “investment grade” credit rating (S&P . As stated in your Lease, any demand, notice or declaration should be . Net Lease Advisors (NLA) is a leading national investor & Advisor specializing in Single Tenant Real estate. These aspects combine with the strong real estate and an investment grade guarantee to push the average cap rate of Starbucks down to 4. com Starbucks Real Estate Requirements: A Guide To Leasing . 5. With over 13,000 locations in the US, Starbucks locations can be found in both urban and suburban locations, and their locations take advantage of other traffic generators, typically being positioned on the commuting-side fivem . 71 acres. Real Estate Details: Real Estate Details: Real Estate Details: Starbucks Corporate Real Estate Department. & No Early Termination Clause Excellent Signalized Location Starbucks Net Lease Property Tenant. 90 acres and is under construction with an expected rent commencement in July 2018. 7%. com. View jeff’s full profile See who you know in common Get introduced Contact jeff directly . Houses (5 days ago) Starbucks Net Lease Advisor. Lease Expiration: 2/29/2036. edu. Starbucks typically operates under a 10 year net lease (varies between NN and NNN) with rental increases every five years. starbucks. • Double Net Lease - Offers Minimal Landlord Obligations (Roof & Structure). Buyers and Buyer’s tax, fi nancial, legal, and construction advisors should conduct a careful, independent investigation of any net leased property Property Subtype Net-Leased Restaurant Tenant Starbucks Rent Increases 10% Every Five Years Guarantor Corporate Guarantee Lease Type NNN Lease Commencement 9/1/2007 Lease Expiration 8/31/2027 Lease Term 20 Years Term Remaining on Lease 7+ Years Renewal Options Three Ten-Year Options Landlord Responsibility CAM (Gets reimbursed by tenant) Brand new corporate guaranteed 10-year net lease, landlord has limited responsibilities; Grocery shadow anchored providing excellent customer traffic flow; Located just off the 51 freeway with over 150,000 vehicles per day; Newly developed Starbucks freestanding building with patio and drive-thru The 1,696 square foot retail building was developed in 2004 at a heavily trafficked signalized intersection. Minimal Landlord Responsibilities - Tenant shall be responsible for maintaining all plumbing, HVAC, electrical, and lighting facilities and equipment within the Premises. 12 mo avg with 10+ yr lease term. Under the triple net lease terms, Starbucks will pay for all of the expenses for the next 15 years. The asset sold for $2,800,000, bringing the total to nearly $61,000,000 for all 25 properties. 44 billion and net income of $2. STARBUCKS 5 TENANT SUMMARY Tenant Trade Name Starbucks Corp. Renewal Options: 4 x 5 Years. ©2021 Net Lease Advisory Group. 00+/- Acre Site Starbucks NNN Lease w/ (4) 5 Yr Options & 10% Rental Increases AT&T NNN Lease w/ (2) • Corporate Guarantee from Starbucks Coffee Company. 5901 Priestly Drive Carlsbad, CA 92008; 760 930 7931; ladt. to their flagship Starbucks Coffee brand, Starbucks also offers goods and services under the following brands: Teavana, Tazo, Seattle’s Best Coffee, Evolution Fresh, La Boulange, Ethos and Torrefazione Italia Coffee. cap rate: 4. 00+/- Acre Site Starbucks NNN Lease w/ (4) 5 Yr Options & 10% Rental Increases AT&T NNN Lease w/ (2) Financial Lease Advisor Starbucks Jun 2011 - Present 9 years 8 months. Starbucks company-operated stores are typically located in high-traffic, high-visibility locations. Rental Increases: 10% on 8/1/2023. stnl starbucks | corporate 10-year net lease 1129 n higley rd 2,982 SF Retail Building Mesa, AZ $3,147,000 ($1,055/SF) 4. • Prototypical Freestanding Building with Drive-Thru. Also, most stores operate with a corporate-guaranteed, 10-year net lease which includes a 10% rental increase every 5 years. More than just great coffee. Homes Details: Starbucks plans to open an additional 12,000 stores globally by 2021. Triple net lease Banks for sale. Starbucks reported an interest expense of $437 million in its . The subject property measures approximately 1,850 square feet on 0. Net Income: $100,000 - $200,000. Year-End Reconciliations, NNN adjustments, Landlord Updates: ownership, address & contacts, Estoppel/SNDA, and insurance requests. The 2,200 sf building issituated on . Rental Increases: $6,000 At Yr 6 & 10% At Options. 00 Net Cash Flow 4. Rental Increases: 10% Every 5 Years. 72 CAP Rate — 5. 0 Years • Corporate Guarantee from Starbucks Coffee Company. After a period of over-expansion and uncertainty, Starbucks balanced the ship delivering record-setting financial results in 2010 and entered 2011 focused on improving top line growth and international expansion. Average Sale Price. Houses (8 days ago) Average Starbucks Coffee Company Lease Rates. stnl starbucks | brand new 10-yr lease 20824 e riggs rd 2,225 SF Retail Building Queen Creek, AZ $3,170,000 ($1,425/SF) 4. Real Estate Details: Starbucks typically operates under a 10 year net lease (varies between NN and NNN) with rental increases every five years. Houses (5 days ago) Real Estate Details: Starbucks Real Estate Division. Description. This represents a 125 bps premium over the Single Tenant Net Lease Average (STNL). Starbucks use store number and 2 letter state abbreviations to differentiate stores (Store #0000-WA). financial and legal advisors. With over 13,000 locations in the US, Starbucks locations can be found in both urban and suburban locations, and their locations take advantage of other traffic generators, typically being positioned on the commuting-side . 33 Rent/SF $26. 9. Rentals Details: Starbucks typically operates under a 10 year net lease (varies between NN and NNN) with rental increases every five years. EXP Realty Advisors exclusively presents for sale this brand new Starbucks inWatertown, CT. 50% Occupancy — 100 % NOI — $ 100,000 Units — 1 Year Built — Renovated 2020 Buildings — 1 Stories . 2,449+/- SF Building on. Officials said Starbucks has 10 years remaining on the double-net lease, which includes four five-year . www. Matthews™ Net Lease Retail division serves both private and institutional investors in the disposition and acquisition of single and multi-tenant net-leased retail properties around the United States. Westwood Net Lease Advisors has made every attempt to ensure the accuracy and reliability of the information provided. & No Early Termination Clause Excellent Signalized Location Chris Schellin of Westwood Net Lease Advisors represented the buyer from Charleston, S. Starbucks | Net Lease Advisor. NET LEASE ADVISORS, INC . The Westwood Advisor team is ready to guide you through your next NNN commercial real estate investment. Lease Type: NNN. Retrieved May 15, 2018, from - coffee/ (2018). Net Lease Advisor | Knowledge to Promote Action. 50 (2) 5 Year 10% Increase America's Best Contacts and Eyeglasses 3,135 12/01/2017 11/30/2026 $97,185 64. Today, Starbucks is the number one specialty coffee brand in the world with 31,795 stores in 78 global markets. Starbucks is the world’s leading coffee company and coffeehouse chain with approximately 26,000 locations in over 60 countries. LEASE START LEASE END MARKET RENT ANNUAL RENT % OF GLA PRICE PER SF/YR OPTIONS OPTION INCREASES Starbucks 1,750 03/01/2019 02/28/2029 $105,875 35. Real Estate Details: Starbucks opened in 1971, a single store in Seattle's historic Pike Place Market and grew into a global public company with more than 29,000 retail stores in 78 markets. 07 billion with an extremely impressive gross margin of 58. Contacting Starbucks. 00 (2) 5 Year 10% Increase San Antonio National Bank $43,295 Long Term Absolute Triple-Net . Smarter Investing. 4,305+/- SF Building on 1. stores, with a marked preference for smaller stores with drive-thrus and pick up windows but no inside seating. (Just Now) Starbucks Real Estate Division - homeszz. 5+ Years Remaining on Corporate Lease with Starbucks . 10% Cap Rate Restaurants Arizona Queen Creek Starbucks real estate sits among the top performers in sales volume for new construction in the quick-service restaurant sector, according to the Wilmette, Illinois-based Boulder Group’s latest report on this net-lease sector. New 10-Year Corporate Lease with Starbucks; . net lease advisor starbucks

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