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Restaurant

Starbucks | New 10-Yr. Lease

2721 Lee Blvd, Lehigh Acres (Fort Myers MSA), FL 33971

Listing Price: $3,019,000

Cap Rate
5.25%
Tenant Name
Starbucks
Years Remaining On Lease
10.3
Guarantor
Corporate Guarantee
Rentable SF
2,500
Lease Type
Double Net
Rent Per Square Feet
$63.40

Investment Overview

Marcus & Millichap is pleased to present the Starbucks in Lehigh Acres, FL.

Investment Highlights

  • 10-Year Lease with 10% Increases Every 5 Years, No Early Termination Clause
  • Investment Grade Credit Tenant (Rated BBB+ by S&P), Ranked #125 on Fortune 500
  • Brand New High-Quality Construction with a Drive-Thru
  • Serving Over 100,000 Residents in Rapidly Growing Fort Myers Suburb, 10 Miles East of Downtown Fort Myers
  • Surrounded by Several New Residential Communities with More Than 7,000 Homes
  • Strategic Location with Competition Void, Closest Starbucks is Over 8.5 Miles Away
  • Highly Visible to Over 47,000 Cars/Day Along Major Commercial Artery, Direct Access to Fort Myers
  • Adjacent to a New Aldi, New Aspen Dental, and a High-Volume Walmart Supercenter

Exclusively Listed By

Broker of Record

  • Ryan Nee

    Senior Vice President/ Division Manager

    (954) 245-3400

    License(s) FL: BK3154667

    Florida

Financing By

Restaurant

Starbucks | New 10-Yr. Lease

Listing Price: $3,019,000

Cap Rate
5.25%
Tenant Name
Starbucks
Years Remaining On Lease
10.3
Guarantor
Corporate Guarantee
Rentable SF
2,500
Lease Type
Double Net
Rent Per Square Feet
$63.40

Investment Highlights

  • 10-Year Lease with 10% Increases Every 5 Years, No Early Termination Clause
  • Investment Grade Credit Tenant (Rated BBB+ by S&P), Ranked #125 on Fortune 500
  • Brand New High-Quality Construction with a Drive-Thru
  • Serving Over 100,000 Residents in Rapidly Growing Fort Myers Suburb, 10 Miles East of Downtown Fort Myers
  • Surrounded by Several New Residential Communities with More Than 7,000 Homes
  • Strategic Location with Competition Void, Closest Starbucks is Over 8.5 Miles Away
  • Highly Visible to Over 47,000 Cars/Day Along Major Commercial Artery, Direct Access to Fort Myers
  • Adjacent to a New Aldi, New Aspen Dental, and a High-Volume Walmart Supercenter

Investment Overview

Marcus & Millichap is pleased to present the Starbucks in Lehigh Acres, FL.

Exclusively Listed By

Broker of Record

  • Ryan Nee

    Senior Vice President/ Division Manager

    (954) 245-3400

    License(s): FL: BK3154667

    Florida

Financing By

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