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Restaurant

Starbucks

3850 FL-436, Apopka, FL 32703

Listing Price: $2,378,904

Cap Rate
5.00%
Tenant Name
Starbucks
Years Remaining On Lease
8.8
Guarantor
Corporate Guarantee
Rentable SF
1,816
Lease Type
Double Net
Rent Per Square Feet
$65.50

Investment Overview

Orange County boasts an average population growth rate of 2.71%, with continued growth projections indicating a steady upward trend. Over 74 million annual visitors are drawn to Orange County, home to major attractions such as Walt Disney World and Universal Studios. Orlando, the heart of Orange County, ranks as the 3rd largest tourist destination in the U.S.

Investment Highlights

  • Starbucks has been operating at this location since 2008 and recently exercised an option extending their lease until 2033, demonstrating a long-term commitment to the site
  • The site ranks in the top 40% in the US for annual visits. Starbucks, a globally recognized brand, operates over 35,000 locations in 80 countries, with $30 billion in revenue in 2023
  • The submarket is surrounded by high-performing national retailers, including Publix (Top 25% in the US), Ace Hardware (Top 40% in the US), McDonald's, and Taco Bell, based on annual visitors.

Exclusively Listed By

Broker of Record

  • Ryan Nee

    Senior Vice President/ Division Manager

    (954) 245-3400

    License(s) FL: BK3154667

    Florida

Financing By

Restaurant

Starbucks

Listing Price: $2,378,904

Cap Rate
5.00%
Tenant Name
Starbucks
Years Remaining On Lease
8.8
Guarantor
Corporate Guarantee
Rentable SF
1,816
Lease Type
Double Net
Rent Per Square Feet
$65.50

Investment Highlights

  • Starbucks has been operating at this location since 2008 and recently exercised an option extending their lease until 2033, demonstrating a long-term commitment to the site
  • The site ranks in the top 40% in the US for annual visits. Starbucks, a globally recognized brand, operates over 35,000 locations in 80 countries, with $30 billion in revenue in 2023
  • The submarket is surrounded by high-performing national retailers, including Publix (Top 25% in the US), Ace Hardware (Top 40% in the US), McDonald's, and Taco Bell, based on annual visitors.

Investment Overview

Orange County boasts an average population growth rate of 2.71%, with continued growth projections indicating a steady upward trend. Over 74 million annual visitors are drawn to Orange County, home to major attractions such as Walt Disney World and Universal Studios. Orlando, the heart of Orange County, ranks as the 3rd largest tourist destination in the U.S.

Exclusively Listed By

Broker of Record

  • Ryan Nee

    Senior Vice President/ Division Manager

    (954) 245-3400

    License(s): FL: BK3154667

    Florida

Financing By

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