Restaurant
Starbucks
5220 Little Rd, New Port Richey, FL 34655
Listing Price: $3,364,000
Investment Overview
Starbucks is the premier roaster, marketer and retailer of specialty coffee in the world, operating in 69
countries. Formed in 1985, Starbucks Corporation’s common stock trades on the NASDAQ Global Select
Market (“NASDAQ”) under the symbol “SBUX.” The company purchases and roasts high-quality coffees
that they sell, along with handcrafted coffee, tea and other beverages and a variety of fresh food items, through company-operated stores.
New Port Richey is a city located in Pasco County, Florida, situated on the west coast of the state, near the Gulf of Mexico. New Port Richey is about 35 miles northwest of downtown Tampa, making it part of the greater Tampa Bay metropolitan area. It’s easily accessible via U.S. Route 19, which runs along the western coast of Florida. As of recent estimates, the population of New Port Richey is approximately 17,000 to 18,000 residents.
Starbucks
Investment Highlights
- +/- 4 Year Remaining Corporate Lease with Starbucks (NASDAQ: SBUX)
- 150,317 Residents within a 5-Mile Radius
- 10% Rental Increases Every 5 Years with Multiple Renewal Options
- Easily Accessible and Highly Visible Along Little Road (42,000 Cars per Day)
- More Than 3,600 Households within a 1-Mile Radius
Listing Price: $3,364,000
Investment Highlights
- +/- 4 Year Remaining Corporate Lease with Starbucks (NASDAQ: SBUX)
- 150,317 Residents within a 5-Mile Radius
- 10% Rental Increases Every 5 Years with Multiple Renewal Options
- Easily Accessible and Highly Visible Along Little Road (42,000 Cars per Day)
- More Than 3,600 Households within a 1-Mile Radius
Investment Overview
Starbucks is the premier roaster, marketer and retailer of specialty coffee in the world, operating in 69 countries. Formed in 1985, Starbucks Corporation’s common stock trades on the NASDAQ Global Select Market (“NASDAQ”) under the symbol “SBUX.” The company purchases and roasts high-quality coffees that they sell, along with handcrafted coffee, tea and other beverages and a variety of fresh food items, through company-operated stores. New Port Richey is a city located in Pasco County, Florida, situated on the west coast of the state, near the Gulf of Mexico. New Port Richey is about 35 miles northwest of downtown Tampa, making it part of the greater Tampa Bay metropolitan area. It’s easily accessible via U.S. Route 19, which runs along the western coast of Florida. As of recent estimates, the population of New Port Richey is approximately 17,000 to 18,000 residents.
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