Restaurant
Starbucks
2377 S University Dr, Fargo, ND 58103
Listing Price: $2,755,000
Cap Rate
6.35%
Tenant Name
Starbucks
Years Remaining On Lease
9.3
Gross SF
2,425
Guarantor
Corporate Guarantee
Rentable SF
2,425
Price/Gross SF
$1,136.08
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$72.16
Investment Overview
Marcus & Millichap is pleased to exclusively offer for sale a Starbucks in Fargo, North Dakota.
Exclusively Listed By
Broker of Record
Listing Price: $2,755,000
Cap Rate
6.35%
Tenant Name
Starbucks
Years Remaining On Lease
9.3
Gross SF
2,425
Guarantor
Corporate Guarantee
Rentable SF
2,425
Price/Gross SF
$1,136.08
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$72.16
Investment Highlights
- 10-YEAR CORPORATE GUARANTEED NNN LEASE, PROVIDING LONG TERM STABILITY
- SITUATED 3 MILES FROM NORTH DAKOTA STATE UNIVERSITY JUST OFF I-94
- HIGH QUALITY BRAND NEW CONSTRUCTION BUILT-TO-SUIT FOR STARBUCKS
Investment Overview
Marcus & Millichap is pleased to exclusively offer for sale a Starbucks in Fargo, North Dakota.
Exclusively Listed By
Broker of Record
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