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
12.8
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.
Exclusively Listed By
Broker of Record
Listing Price: $3,630,000
Cap Rate
5.25%
Tenant Name
Starbucks
Years Remaining On Lease
12.8
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
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