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Restaurant

Starbucks | Brand New 10-Year Lease | 5.60% Cap

2000 Freedom Rd, Little Chute, WI 54140

Listing Price: $2,109,000

Cap Rate
5.60%
Tenant Name
Starbucks Corporation
Years Remaining On Lease
9.9
Gross SF
2,460
Guarantor
Corporate Guarantee
Rentable SF
2,460
Price/Gross SF
$857.32
Lease Type
Double Net
Rent Per Square Feet
$48.00

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.” Little Chute is a village in Outagamie County, Wisconsin, located immediately east of the city Appleton along the Fox River. The villages estimated population sits at just over 12,000 residents. Little Chute is located in the center of the Fox Cities region in close proximity to major highways. The Tri-County Expressway (Wisconsin Highway 441) runs on the west side of the village. Interstate 41 runs on the north side and links the village with Green Bay to the North and Appleton, Oshkosh, and Milwaukee to the South.

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
  • Highly Accessible and Visible Location Just Off of World War II Veterans Memorial U.S. Highway-41 with Approximately 59,300 Cars per Day
  • Close Proximity to National Tenants – McDonald's, Taco Bell, Culver's, Shell, Kwik Trip, and More
  • Direct Connection to Downtown Appleton, Appleton International Airport, Fox Valley Technical College, and Fox River Mall
  • Hard-Corner Signalized Location at Intersection of East Elm Drive and Freedom Road with Roughly 11,400 Cars per Day
  • Down the Road from Nestle USA Corporate Office and Warehouse

Exclusively Listed By

Broker of Record

  • Todd Lindblom

    First Vice President/Regional Manager

    (262) 364-1900

    License(s) WI: 56163-90

    Wisconsin

Financing By

Restaurant

Starbucks | Brand New 10-Year Lease | 5.60% Cap

Listing Price: $2,109,000

Cap Rate
5.60%
Tenant Name
Starbucks Corporation
Years Remaining On Lease
9.9
Gross SF
2,460
Guarantor
Corporate Guarantee
Rentable SF
2,460
Price/Gross SF
$857.32
Lease Type
Double Net
Rent Per Square Feet
$48.00

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
  • Highly Accessible and Visible Location Just Off of World War II Veterans Memorial U.S. Highway-41 with Approximately 59,300 Cars per Day
  • Close Proximity to National Tenants – McDonald's, Taco Bell, Culver's, Shell, Kwik Trip, and More
  • Direct Connection to Downtown Appleton, Appleton International Airport, Fox Valley Technical College, and Fox River Mall
  • Hard-Corner Signalized Location at Intersection of East Elm Drive and Freedom Road with Roughly 11,400 Cars per Day
  • Down the Road from Nestle USA Corporate Office and Warehouse

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.” Little Chute is a village in Outagamie County, Wisconsin, located immediately east of the city Appleton along the Fox River. The villages estimated population sits at just over 12,000 residents. Little Chute is located in the center of the Fox Cities region in close proximity to major highways. The Tri-County Expressway (Wisconsin Highway 441) runs on the west side of the village. Interstate 41 runs on the north side and links the village with Green Bay to the North and Appleton, Oshkosh, and Milwaukee to the South.

Exclusively Listed By

Broker of Record

  • Todd Lindblom

    First Vice President/Regional Manager

    (262) 364-1900

    License(s): WI: 56163-90

    Wisconsin

Financing By

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