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Restaurant

Starbucks

814 Paseo Del Pueblo Sur, Taos, NM 87571

Listing Price: $3,630,000

Cap Rate
5.25%
Tenant Name
Starbucks
Years Remaining On Lease
12.9
Gross SF
2,512
Guarantor
Corporate Guarantee
Rentable SF
2,512
Price/Gross SF
$1,445.06
Lease Type
Double Net
Rent Per Square Feet
$75.88

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale a Starbucks in Taos, NM.

Investment Highlights

  • Rare 13-Year Starbucks Lease Structure
  • Anchored by Taos' Top 3 Retail Drivers Capturing 96% of Grocery Foot Traffic
  • 79% of K-12 Students in Taos County are Located within a 5-Mile Radius
  • Build-Out Outdoor Seating Enhances Operational Performance

Exclusively Listed By

Broker of Record

  • Ryan Sarbinoff

    First Vice President/Regional Manager

    (505) 445-6333

    License(s) NM: 20675

    New Mexico

Listing Price: $3,630,000

Cap Rate
5.25%
Tenant Name
Starbucks
Years Remaining On Lease
12.9
Gross SF
2,512
Guarantor
Corporate Guarantee
Rentable SF
2,512
Price/Gross SF
$1,445.06
Lease Type
Double Net
Rent Per Square Feet
$75.88

Investment Highlights

  • Rare 13-Year Starbucks Lease Structure
  • Anchored by Taos' Top 3 Retail Drivers Capturing 96% of Grocery Foot Traffic
  • 79% of K-12 Students in Taos County are Located within a 5-Mile Radius
  • Build-Out Outdoor Seating Enhances Operational Performance

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale a Starbucks in Taos, NM.

Exclusively Listed By

Broker of Record

  • Ryan Sarbinoff

    First Vice President/Regional Manager

    (505) 445-6333

    License(s): NM: 20675

    New Mexico

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