Overview
Atlantic Capital Partners has been exclusively engaged to solicit offers for the sale of this newly constructed Starbucks featuring a 10 year Net Lease with 10% rental increases every 5 years. Starbucks is planning to open for business in August.
Investment Highlights
Trophy Asset
Rare opportunity to own a hyper-secure, brand-new construction Starbucks in a major Florida growth market
Shared Traffic Light With Lowe's
Strategically located between I-75 and US-301 at the main signalized entrance to a Lowe's anchored shopping center
2024 Construction with Roof Warranty
Brand new construction with drive-thru and 15-year transferable roof warranty
New 10-Year NN Lease
Starbucks Corporation guarantees the lease and is responsible for maintaining the parcel which provides passive ownership and long-term stable cash flow
Dynamic Trade Area
Riverview's population has grown over 75% since 2000 with an AHHI over $100,000
Investment Grade Credit
Starbucks has an investment grade credit rating and is the largest coffee provider in the World with over 35,700 stores
Inflation Hedge
Fixed 10% increases every 5 years provide a hedge against inflation and consistent rent growth
Depreciation
Fee simple ownership of the building allows for depreciation boosting after-tax returns
Photo Gallery
