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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.

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

Exclusively Listed By

Broker of Record

  • Michael L. Glass

    Senior Vice President / Division Manager

    (614) 360-9800

    License(s) OH: BRK.2007005898

    Ohio

Financing By

Restaurant

Starbucks | New 10-Yr. Lease

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.

Exclusively Listed By

Broker of Record

  • Michael L. Glass

    Senior Vice President / Division Manager

    (614) 360-9800

    License(s): OH: BRK.2007005898

    Ohio

Financing By

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