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Restaurant

Starbucks

175 E Merritt Island Cswy, Merritt Island, FL 32952

Listing Price: $2,195,000

Cap Rate
5.10%
Tenant Name
Starbucks
Years Remaining On Lease
5.4
Guarantor
Corporate Guarantee
Rentable SF
1,802
Lease Type
Double Net
Rent Per Square Feet
$62.11

Investment Overview

Marcus & Millichap is pleased to exclusively present 175 E Merritt Island CSWY, Merritt Island, Brevard County, Florida.

Investment Highlights

  • Freestanding Starbucks W/ Drive/Thru Located in Merritt Island, Florida
  • Starbucks (NYSE: SBUX) is Rated BBB+ by Standard & Poor's
  • SBUX has been at this Location Since 2013 and Recently Exercised a Five-Year Renewal Option

Exclusively Listed By

Broker of Record

  • Ryan Nee

    Senior Vice President/ Division Manager

    (954) 245-3400

    License(s) FL: BK3154667

    Florida

Listing Price: $2,195,000

Cap Rate
5.10%
Tenant Name
Starbucks
Years Remaining On Lease
5.4
Guarantor
Corporate Guarantee
Rentable SF
1,802
Lease Type
Double Net
Rent Per Square Feet
$62.11

Investment Highlights

  • Freestanding Starbucks W/ Drive/Thru Located in Merritt Island, Florida
  • Starbucks (NYSE: SBUX) is Rated BBB+ by Standard & Poor's
  • SBUX has been at this Location Since 2013 and Recently Exercised a Five-Year Renewal Option

Investment Overview

Marcus & Millichap is pleased to exclusively present 175 E Merritt Island CSWY, Merritt Island, Brevard County, Florida.

Exclusively Listed By

Broker of Record

  • Ryan Nee

    Senior Vice President/ Division Manager

    (954) 245-3400

    License(s): FL: BK3154667

    Florida

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