Restaurant
Starbucks | Brand New 10-Year Lease | 5.65% Cap
630 S Black River St, Sparta, WI 54656
Listing Price: $2,090,000
Investment Overview
Starbucks is the premier roaster, marketer and retailer of specialty coffee in the world, operating in 69 countries. Formed in 1985, Starbucks Corporation’s common stock trades on the NASDAQ Global Select Market (“NASDAQ”) under the symbol “SBUX.” Sparta is a city in and the county seat of Monroe County, Wisconsin, United States, along the La Crosse River. Sparta is the home and international headquarters of several businesses including Century Foods International, Northern Engraving Corp., Spartek, Mathews Inc., F.A.S.T. Corp., Sparta Brush Company, McPherson Guitars, Multistack, Lake States Lumber, and Wesco Home Furnishings. Sparta is conveniently located on major highways with two exits on Interstate 90.
Starbucks | Brand New 10-Year Lease | 5.65% Cap
Investment Highlights
- Brand New 10-Year Corporate-Guaranteed Lease with Starbucks (NASDAQ: SBUX)
- New 2022 Construction with a Drive-Thru
- Rental Increases and Multiple Renewal Options on Lease
- Located Directly Beside Intersection of Interstate-90 Alternative and Citizen Soldier Highway-71 (Approximately 24,600 Combined Cars per Day)
- Close Proximity to National Tenants – Walmart, McDonald's, Pizza Hut, Subway, Culver's, Walgreens, Domino's, O'Reilly Auto Parts, and Many More
- Subject Property is Less than Six Miles from Fort McCoy Army Airfield
- Highly Accessible Location Off of Wisconsin Veterans Memorial Highway-90, Major State Thoroughfare (Over 24,000 Cars per Day)
- Direct Connection to Central Sparta and Fort McCoy Army Base
Listing Price: $2,090,000
Investment Highlights
- Brand New 10-Year Corporate-Guaranteed Lease with Starbucks (NASDAQ: SBUX)
- New 2022 Construction with a Drive-Thru
- Rental Increases and Multiple Renewal Options on Lease
- Located Directly Beside Intersection of Interstate-90 Alternative and Citizen Soldier Highway-71 (Approximately 24,600 Combined Cars per Day)
- Close Proximity to National Tenants – Walmart, McDonald's, Pizza Hut, Subway, Culver's, Walgreens, Domino's, O'Reilly Auto Parts, and Many More
- Subject Property is Less than Six Miles from Fort McCoy Army Airfield
- Highly Accessible Location Off of Wisconsin Veterans Memorial Highway-90, Major State Thoroughfare (Over 24,000 Cars per Day)
- Direct Connection to Central Sparta and Fort McCoy Army Base
Investment Overview
Starbucks is the premier roaster, marketer and retailer of specialty coffee in the world, operating in 69 countries. Formed in 1985, Starbucks Corporation’s common stock trades on the NASDAQ Global Select Market (“NASDAQ”) under the symbol “SBUX.” Sparta is a city in and the county seat of Monroe County, Wisconsin, United States, along the La Crosse River. Sparta is the home and international headquarters of several businesses including Century Foods International, Northern Engraving Corp., Spartek, Mathews Inc., F.A.S.T. Corp., Sparta Brush Company, McPherson Guitars, Multistack, Lake States Lumber, and Wesco Home Furnishings. Sparta is conveniently located on major highways with two exits on Interstate 90.
