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Restaurant

Starbucks | Rare 15-Year NNN Lease | Relocation Store

2265 Martin Luther King Jr Blvd, Panama City, FL 32405

Listing Price: $4,000,000

Cap Rate
5.25%
Tenant Name
Starbucks
Years Remaining On Lease
15.1
Guarantor
Corporate Guarantee
Rentable SF
2,500
Lease Type
Absolute Net
Rent Per Square Feet
$84.00

Investment Overview

STARBUCKS
• PUBLICLY TRADED COMPANY

• INVESTMENT GRADE CREDIT | BBB+/STABLE

• WORLDWIDE BRAND | 38,000+ LOCATIONS

• $35.97 BILLION ANNUAL REVENUE

• GLOBAL COMPARABLE STORE SALES UP 8% IN 2023

Investment Highlights

  • EXTREMELY RARE 15-YEAR NNN STARBUCKS
  • 10% INCREASES EVERY 5 YEARS
  • RARE RELOCATION STORE FROM ACROSS THE STREET
  • OUTPARCEL TO CLASS-A RETAIL POWER CENTER
  • DENSELY POPULATED MARKET | 84,000+ 5-MILE POPULATION

Exclusively Listed By

  • Robby Pfeiffer

    Senior Managing Director Investments

    (678) 808-2770

    Email Robby

    License(s): GA: 281335, AL: 000091407-1

    Atlanta

Broker of Record

  • Ryan Nee

    Senior Vice President/ Division Manager

    (954) 245-3400

    License(s) FL: BK3154667

    Florida

Restaurant

Starbucks | Rare 15-Year NNN Lease | Relocation Store

Listing Price: $4,000,000

Cap Rate
5.25%
Tenant Name
Starbucks
Years Remaining On Lease
15.1
Guarantor
Corporate Guarantee
Rentable SF
2,500
Lease Type
Absolute Net
Rent Per Square Feet
$84.00

Investment Highlights

  • EXTREMELY RARE 15-YEAR NNN STARBUCKS
  • 10% INCREASES EVERY 5 YEARS
  • RARE RELOCATION STORE FROM ACROSS THE STREET
  • OUTPARCEL TO CLASS-A RETAIL POWER CENTER
  • DENSELY POPULATED MARKET | 84,000+ 5-MILE POPULATION

Investment Overview

STARBUCKS • PUBLICLY TRADED COMPANY • INVESTMENT GRADE CREDIT | BBB+/STABLE • WORLDWIDE BRAND | 38,000+ LOCATIONS • $35.97 BILLION ANNUAL REVENUE • GLOBAL COMPARABLE STORE SALES UP 8% IN 2023

Exclusively Listed By

  • Robby Pfeiffer

    Senior Managing Director Investments

    (678) 808-2770

    Email Robby

    License(s): GA: 281335, AL: 000091407-1

    Atlanta

Broker of Record

  • Ryan Nee

    Senior Vice President/ Division Manager

    (954) 245-3400

    License(s): FL: BK3154667

    Florida

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