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Restaurant

Starbucks New Construction Walmart Outparcel 97K VPD

4770 Colonial Blvd, Fort Myers, FL 33966

Listing Price: $3,904,347

Cap Rate
5.75%
Tenant Name
Starbucks
Years Remaining On Lease
9.4
Gross SF
1,350
Guarantor
Corporate Guarantee
Rentable SF
1,350
Price/Gross SF
$2,892.11
Lease Type
Double Net
Rent Per Square Feet
$166.30

Investment Overview

Marcus & Millichap is pleased to present for sale this brand new
construction Starbucks with Drive-Thru located at 4770 Colonial Blvd. in Ft.
Myers, Florida. Fort Myers is a city in and the county seat of Lee County,
Florida with a population of 92,245. Together with the residential city of Cape
Coral, Fort Myers Beach, Sanibel and Bonita Springs, the village of Estero, it
anchors a Metropolitan Statistical Area with a population of 787,976. Fort
Myers is considered the gateway to Southwest Florida, and it is also a major
tourist destination. The city takes its name from a former fort that was built
there during the Seminole Wars. Major attractions in Fort Myers include The
Caloosahatchee River, the IMAG History and Science Center and the Calusa
Nature Center and Planetarium.
This new construction Starbucks is situated as an outparcel to a very busy
WalMart Supercenter which has more than 2.5 million visits per year (Placer.AI).
Numerous apartments complexes surround this Starbucks Property including
The Oasis at Cypress Woods with 298 rented units, The Edison with 326
rented units, Colonial Commons with 332 rented units, V2 Apartments with
308 rented units, Green Edge at Province Park, Bernwood Trace Apartments,
Venetial Apartments and Vive Apartments. New home developments in the
area include Bonavie Cove by Mattamy Homes.
Colleges and Universities nearby include Nova Southeastern University with
6,971 enrolled students, Hodges University with 432 enrolled students,
Rasmussen College and Ft. Myers Technical College.
Starbucks Corporation is an American multinational chain of coffeehouses
and roastery reserves headquartered in Seattle, Washington. It was founded in
1971 and is currently the world’s largest coffeehouse chain. There are currently
40,199 locations in 84 countries serving coffee beverages, smoothies, tea,
baked goods and sandwiches.

Investment Highlights

  • Brand New 2025 Construction Starbucks with Drive Thru
  • 10 Year Corporate Guaranteed Lease| 10% Increases Every 5 Years | No Kickout Clause
  • Outparcel to a Busy Walmart Supercenter which Experiences more than 2.5 Million Visits per Year as Per Placer.AI
  • Strong Guarantee: S&P BBB+ Rating | Nasdaq (SBUX)
  • Excellent Exposure to More than 97,000 Vehicles Per Day
  • Starbucks Corporation is an American Multinational Chain of Coffeehouses Headquartered in Seattle, Washington and as of the Year 2023 there Were 40,199 Starbuck's Locations and Revenue in 2024 was US $36.2 Billion
  • Florida is a No Income Tax State

Exclusively Listed By

Restaurant

Starbucks New Construction Walmart Outparcel 97K VPD

Listing Price: $3,904,347

Cap Rate
5.75%
Tenant Name
Starbucks
Years Remaining On Lease
9.4
Gross SF
1,350
Guarantor
Corporate Guarantee
Rentable SF
1,350
Price/Gross SF
$2,892.11
Lease Type
Double Net
Rent Per Square Feet
$166.30

Investment Highlights

  • Brand New 2025 Construction Starbucks with Drive Thru
  • 10 Year Corporate Guaranteed Lease| 10% Increases Every 5 Years | No Kickout Clause
  • Outparcel to a Busy Walmart Supercenter which Experiences more than 2.5 Million Visits per Year as Per Placer.AI
  • Strong Guarantee: S&P BBB+ Rating | Nasdaq (SBUX)
  • Excellent Exposure to More than 97,000 Vehicles Per Day
  • Starbucks Corporation is an American Multinational Chain of Coffeehouses Headquartered in Seattle, Washington and as of the Year 2023 there Were 40,199 Starbuck's Locations and Revenue in 2024 was US $36.2 Billion
  • Florida is a No Income Tax State

Investment Overview

Marcus & Millichap is pleased to present for sale this brand new construction Starbucks with Drive-Thru located at 4770 Colonial Blvd. in Ft. Myers, Florida. Fort Myers is a city in and the county seat of Lee County, Florida with a population of 92,245. Together with the residential city of Cape Coral, Fort Myers Beach, Sanibel and Bonita Springs, the village of Estero, it anchors a Metropolitan Statistical Area with a population of 787,976. Fort Myers is considered the gateway to Southwest Florida, and it is also a major tourist destination. The city takes its name from a former fort that was built there during the Seminole Wars. Major attractions in Fort Myers include The Caloosahatchee River, the IMAG History and Science Center and the Calusa Nature Center and Planetarium. This new construction Starbucks is situated as an outparcel to a very busy WalMart Supercenter which has more than 2.5 million visits per year (Placer.AI). Numerous apartments complexes surround this Starbucks Property including The Oasis at Cypress Woods with 298 rented units, The Edison with 326 rented units, Colonial Commons with 332 rented units, V2 Apartments with 308 rented units, Green Edge at Province Park, Bernwood Trace Apartments, Venetial Apartments and Vive Apartments. New home developments in the area include Bonavie Cove by Mattamy Homes. Colleges and Universities nearby include Nova Southeastern University with 6,971 enrolled students, Hodges University with 432 enrolled students, Rasmussen College and Ft. Myers Technical College. Starbucks Corporation is an American multinational chain of coffeehouses and roastery reserves headquartered in Seattle, Washington. It was founded in 1971 and is currently the world’s largest coffeehouse chain. There are currently 40,199 locations in 84 countries serving coffee beverages, smoothies, tea, baked goods and sandwiches.

Exclusively Listed By

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