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.
Starbucks | New 10-Yr. Lease
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
Financing By
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
Financing By
