Shopping Strip
Starbucks & Verizon
2200 W 9 Mile Rd, Pensacola, FL 32534
Listing Price: $3,291,000
Investment Overview
Starbucks is the premier roaster, marketer and retailer of specialty coffee in the world, operating in 87 markets globally. 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. Starbucks company-operated stores are typically located in high-traffic, high-visibility locations.
Verizon is the largest wireless telecommunications provider in the United States. The company offers the largest 4G LTE network in America and the nation’s largest high-speed 3G network. Approximately 99% of the U.S. population is covered by Verizon’s 4G LTE, and more than 230 million people are covered by 5G Nationwide.
Located in Florida’s panhandle, Pensacola is surrounded by 50-plus miles of coastline which includes the emerald-green Gulf of Mexico waters and crystal clear bay areas. This makes Pensacola the perfect combination of a relaxed beach town and a bustling metropolitan center.
Starbucks & Verizon
Investment Highlights
- 100% Leased to Starbucks and Verizon, Two Established National Tenants - Verizon Recently Executed a 5-Year Lease Extension / Starbucks Previously Executed Two Options Early to Extend the Lease an Add
- Both Tenants Feature NNN Leases with Regular Rental Increases
- New Roof in 2024 with a 20-Year Warranty
- Signalized Hard Corner Location, Easily Accessible by 56,000+ Cars per Day
- 3 Miles from Navy Federal Credit Union's Corporate Campus (10,000 Employees)
- Directly Across from Publix Super Market and Surrounded by Other National Tenants: Walmart Neighborhood Market, Walgreens, Wendy's, Panera Bread, and More
- Households and Population Projected to Increase 8% within 1 Mile by 2028
- Subject Site is the Only Drive-Thru Starbucks within 5 Miles, Serving 87,000+ Residents
Listing Price: $3,291,000
Investment Highlights
- 100% Leased to Starbucks and Verizon, Two Established National Tenants - Verizon Recently Executed a 5-Year Lease Extension / Starbucks Previously Executed Two Options Early to Extend the Lease an Add
- Both Tenants Feature NNN Leases with Regular Rental Increases
- New Roof in 2024 with a 20-Year Warranty
- Signalized Hard Corner Location, Easily Accessible by 56,000+ Cars per Day
- 3 Miles from Navy Federal Credit Union's Corporate Campus (10,000 Employees)
- Directly Across from Publix Super Market and Surrounded by Other National Tenants: Walmart Neighborhood Market, Walgreens, Wendy's, Panera Bread, and More
- Households and Population Projected to Increase 8% within 1 Mile by 2028
- Subject Site is the Only Drive-Thru Starbucks within 5 Miles, Serving 87,000+ Residents
Investment Overview
Starbucks is the premier roaster, marketer and retailer of specialty coffee in the world, operating in 87 markets globally. 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. Starbucks company-operated stores are typically located in high-traffic, high-visibility locations. Verizon is the largest wireless telecommunications provider in the United States. The company offers the largest 4G LTE network in America and the nation’s largest high-speed 3G network. Approximately 99% of the U.S. population is covered by Verizon’s 4G LTE, and more than 230 million people are covered by 5G Nationwide. Located in Florida’s panhandle, Pensacola is surrounded by 50-plus miles of coastline which includes the emerald-green Gulf of Mexico waters and crystal clear bay areas. This makes Pensacola the perfect combination of a relaxed beach town and a bustling metropolitan center.
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