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Restaurant

Starbucks

25455 E Smoky Hill Rd, Aurora, CO 80016

Listing Price: $2,799,000

Cap Rate
5.00%
Tenant Name
Starbucks
Years Remaining On Lease
9.8
Gross SF
2,155
Guarantor
Corporate Guarantee
Rentable SF
2,155
Price/Gross SF
$1,298.84
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$64.95

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale a brand new Starbucks in Aurora, CO

Investment Highlights

  • Brand New 10-Year Lease Commenced in August 2023 with 4 x5-Year Options and Scheduled Rent Increases
  • Investment Grade Guaranty (S&P:BBB+) from Starbucks Corporate - 35,000+ Locations across the globe - $9.2B Revenue Q3 2023 (12% YOY Increase)
  • Proximity to Prominent Local Schools Including Cherokee Trail High School (2,800 Students), Fox Ridge Middle School (1,100 students), and Everbook Academy
  • Situated between Southlands Mall (4.1 Million Visits) and a King Soopers Marketplace (1.2 Million Visits - Ranking 9th / 115) Grocery Anchored Shopping Center in Affluent Southeastern Denver Neighborhood

Exclusively Listed By

Listing Price: $2,799,000

Cap Rate
5.00%
Tenant Name
Starbucks
Years Remaining On Lease
9.8
Gross SF
2,155
Guarantor
Corporate Guarantee
Rentable SF
2,155
Price/Gross SF
$1,298.84
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$64.95

Investment Highlights

  • Brand New 10-Year Lease Commenced in August 2023 with 4 x5-Year Options and Scheduled Rent Increases
  • Investment Grade Guaranty (S&P:BBB+) from Starbucks Corporate - 35,000+ Locations across the globe - $9.2B Revenue Q3 2023 (12% YOY Increase)
  • Proximity to Prominent Local Schools Including Cherokee Trail High School (2,800 Students), Fox Ridge Middle School (1,100 students), and Everbook Academy
  • Situated between Southlands Mall (4.1 Million Visits) and a King Soopers Marketplace (1.2 Million Visits - Ranking 9th / 115) Grocery Anchored Shopping Center in Affluent Southeastern Denver Neighborhood

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale a brand new Starbucks in Aurora, CO

Exclusively Listed By

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