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Restaurant

New Starbucks Low Rent | Highway Exit & Grocery Outparcel Site | Youngstown, OH

5228 Mahoning Ave, Austintown, OH 44515

Listing Price: $1,886,000

Cap Rate
5.25%
Tenant Name
Starbucks
Years Remaining On Lease
8.9
Gross SF
1,000
Guarantor
No Guarantee
Rentable SF
1,000
Price/Gross SF
$1,886.00
Lease Type
Double Net
Rent Per Square Feet
$99.00

Investment Overview

New Construction Starbucks Drive-thru Only Store with 9 Years Remaining in Austintown, OH (Youngstown MSA). Low Price Point Starbucks Due to Low Rent of Only $99,000. Drive-thru Only Store, Opened in September 2022 – No Dining Room; Latest Prototype & Future of QSR Coffee Retail. Prime Location on Mahoning Ave with 24,689 VPD – Primary East-West Daily Commuter Arterial and Daily Needs Retail Corridor . Highway-Exit Location: Just 0.15-Mile from Route 11 Exit Ramps (30,928 VPD).

Investment Highlights

  • New Construction Starbucks Drive-thru Only Store with Nine Years Remaining in Austintown, OH (Youngstown MSA)
  • Highway-Exit Location: Just 0.15-Mile from Route 11 Exit Ramps (30,928 Vehicles Per Day)
  • Outparcel to Giant Eagle Grocery Store – Busy Store with Multiple Decades of Operating History at Site
  • 10 Percent Rent Increase in March 2028 Adds 52 bps to CAP Rate; 10 Percent Increases in Options
  • Drive-thru Only Store, Opened in September 2022 – No Dining Room; Latest Prototype and Future of QSR Coffee Retail
  • Double-Net Lease with Minimal Landlord Responsibilities – Roof/Structure Only
  • Benefits from Shared Signalized Entrance/Exit to Mahoning Ave that Provides Virtually Direct Access to Site
  • Excellent Frontage and Visibility with Setback of Approx. 40 Feet of from Mahoning Ave; Prominent Building and Monument Signage

Exclusively Listed By

Financing By

Restaurant

New Starbucks Low Rent | Highway Exit & Grocery Outparcel Site | Youngstown, OH

Listing Price: $1,886,000

Cap Rate
5.25%
Tenant Name
Starbucks
Years Remaining On Lease
8.9
Gross SF
1,000
Guarantor
No Guarantee
Rentable SF
1,000
Price/Gross SF
$1,886.00
Lease Type
Double Net
Rent Per Square Feet
$99.00

Investment Highlights

  • New Construction Starbucks Drive-thru Only Store with Nine Years Remaining in Austintown, OH (Youngstown MSA)
  • Highway-Exit Location: Just 0.15-Mile from Route 11 Exit Ramps (30,928 Vehicles Per Day)
  • Outparcel to Giant Eagle Grocery Store – Busy Store with Multiple Decades of Operating History at Site
  • 10 Percent Rent Increase in March 2028 Adds 52 bps to CAP Rate; 10 Percent Increases in Options
  • Drive-thru Only Store, Opened in September 2022 – No Dining Room; Latest Prototype and Future of QSR Coffee Retail
  • Double-Net Lease with Minimal Landlord Responsibilities – Roof/Structure Only
  • Benefits from Shared Signalized Entrance/Exit to Mahoning Ave that Provides Virtually Direct Access to Site
  • Excellent Frontage and Visibility with Setback of Approx. 40 Feet of from Mahoning Ave; Prominent Building and Monument Signage

Investment Overview

New Construction Starbucks Drive-thru Only Store with 9 Years Remaining in Austintown, OH (Youngstown MSA). Low Price Point Starbucks Due to Low Rent of Only $99,000. Drive-thru Only Store, Opened in September 2022 – No Dining Room; Latest Prototype & Future of QSR Coffee Retail. Prime Location on Mahoning Ave with 24,689 VPD – Primary East-West Daily Commuter Arterial and Daily Needs Retail Corridor . Highway-Exit Location: Just 0.15-Mile from Route 11 Exit Ramps (30,928 VPD).

Exclusively Listed By

Financing By

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