Restaurant
Starbucks | New 10-Yr. Lease
105 N Erie Blvd, Hamilton (Cincinnati MSA), OH 45011
Listing Price: $2,387,000
Cap Rate
5.75%
Tenant Name
Starbucks
Years Remaining On Lease
9.7
Guarantor
Corporate Guarantee
Rentable SF
2,265
Lease Type
Double Net
Rent Per Square Feet
$60.60
Investment Overview
Marcus & Millichap is pleased to present the Starbucks in Hamilton, OH.
Starbucks | New 10-Yr. Lease
Investment Highlights
- 10-Year Corporate Lease with No Early Termination Clause
- 10% Increases Every 5 Years Beginning in Each Option Period
- 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 131,000 Residents in an Established Cincinnati Suburb
- Strategic Location, Closest Drive-Thru Starbucks is Over 7 Miles Away
- Surrounded by Several New Upscale Residential Communities, 1,264 New or Soon-to-be-Built Homes in the Trade Area
- Highly Visible Along SR 4, a Major North/South Artery with Direct Access to Downtown Cincinnati
Listing Price: $2,387,000
Cap Rate
5.75%
Tenant Name
Starbucks
Years Remaining On Lease
9.7
Guarantor
Corporate Guarantee
Rentable SF
2,265
Lease Type
Double Net
Rent Per Square Feet
$60.60
Investment Highlights
- 10-Year Corporate Lease with No Early Termination Clause
- 10% Increases Every 5 Years Beginning in Each Option Period
- 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 131,000 Residents in an Established Cincinnati Suburb
- Strategic Location, Closest Drive-Thru Starbucks is Over 7 Miles Away
- Surrounded by Several New Upscale Residential Communities, 1,264 New or Soon-to-be-Built Homes in the Trade Area
- Highly Visible Along SR 4, a Major North/South Artery with Direct Access to Downtown Cincinnati
Investment Overview
Marcus & Millichap is pleased to present the Starbucks in Hamilton, OH.
