Restaurant
Starbucks | 2024 Build-to-Suit Construction | South Point, OH
330 Co Rd 276, South Point, OH 45680
Listing Price: $2,682,926
Cap Rate
6.15%
Tenant Name
Starbucks
Years Remaining On Lease
9.4
Guarantor
Corporate Guarantee
Rentable SF
2,577
Lease Type
Double Net
Rent Per Square Feet
$64.03
Investment Overview
Marcus & Millichap is pleased to bring to market Starbucks located in South Point, OH.
Starbucks | 2024 Build-to-Suit Construction | South Point, OH
Investment Highlights
- 2024 Build to Suit for Starbucks | Freestanding 2,577-SF Building on a +/-0.81 Acre Parcel With Drive Thru | New 10-Year Double Net Lease With 9+ Years Remaining
- 10% Rental Increases Every 5 Years and in Each of Four, 5 Year Renewal Options | Corporately Guaranteed Lease
- Minimal Landlord Responsibilities: Roof, Structure and Parking Lot Maintenance Only
- Hard, Corner Location With Easy Access From All Traffic Directions | High Visibility From US-50/Ohio River Scenic Byway, Following the Ohio River From Cincinnati to Pittsburgh With 24,200+ Vehicles Per Day
- Heavy Development In the Area: Recent Projects Completed or Currently Under Construction Include Aldi, Guthrie's Chicken and a Tire Retailer
- Proximity to Multiple National Tenants Including Walmart Supercenter, Aldi, Sam's Club, McDonald's, Planet Fitness, Tractor Supply Co, Family Dollar, McDonald's, O'Reilly Auto Parts, Arby's, Comfort Suites and More
- 4 Miles From Downtown Huntington, The 2nd Largest City in West Virginia and the Principal City of the Tri-State Area Metro | Strong Demographics: Population of 56,200 Within 5 Miles | Daytime Population of 76,000+
- South Point, OH is the Southernmost City in Ohio, Along the Ohio River Near the OH-WV-KY Border
Exclusively Listed By
Financing By
Restaurant
Starbucks | 2024 Build-to-Suit Construction | South Point, OH
Listing Price: $2,682,926
Cap Rate
6.15%
Tenant Name
Starbucks
Years Remaining On Lease
9.4
Guarantor
Corporate Guarantee
Rentable SF
2,577
Lease Type
Double Net
Rent Per Square Feet
$64.03
Investment Highlights
- 2024 Build to Suit for Starbucks | Freestanding 2,577-SF Building on a +/-0.81 Acre Parcel With Drive Thru | New 10-Year Double Net Lease With 9+ Years Remaining
- 10% Rental Increases Every 5 Years and in Each of Four, 5 Year Renewal Options | Corporately Guaranteed Lease
- Minimal Landlord Responsibilities: Roof, Structure and Parking Lot Maintenance Only
- Hard, Corner Location With Easy Access From All Traffic Directions | High Visibility From US-50/Ohio River Scenic Byway, Following the Ohio River From Cincinnati to Pittsburgh With 24,200+ Vehicles Per Day
- Heavy Development In the Area: Recent Projects Completed or Currently Under Construction Include Aldi, Guthrie's Chicken and a Tire Retailer
- Proximity to Multiple National Tenants Including Walmart Supercenter, Aldi, Sam's Club, McDonald's, Planet Fitness, Tractor Supply Co, Family Dollar, McDonald's, O'Reilly Auto Parts, Arby's, Comfort Suites and More
- 4 Miles From Downtown Huntington, The 2nd Largest City in West Virginia and the Principal City of the Tri-State Area Metro | Strong Demographics: Population of 56,200 Within 5 Miles | Daytime Population of 76,000+
- South Point, OH is the Southernmost City in Ohio, Along the Ohio River Near the OH-WV-KY Border
Investment Overview
Marcus & Millichap is pleased to bring to market Starbucks located in South Point, OH.
Exclusively Listed By
Financing By
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