Skip to main content

Restaurant

Starbucks - 13 Year Lease - Recent Construction

420 Sam Houston Jones Pkwy, Moss Bluff, LA 70611

Listing Price: $2,427,184

Cap Rate
5.15%
Tenant Name
Starbucks
Years Remaining On Lease
12.9
Guarantor
Corporate Guarantee
Rentable SF
2,165
Lease Type
Double Net
Rent Per Square Feet
$57.74

Investment Overview

-Passive Starbucks Leased Asset with High Traffic: Starbucks Leased Asset with Minimal Landlord Maintenance Located on a Heavily Trafficked Section of Sam Houston Jones Parkway (21,000 Vehicles Per Day (VPD)) in Lake Charles, LA

-Rare 15-Year Lease w/13-Years Remaining and Rent Increases: Rare Opportunity to Purchase This Recently Constructed Building (2023) with Roughly 13 Years of Base Term Remaining and 10 Percent Rent Increases in 2029 and in Each Option to Hedge Inflation

-High Activity Walmart Anchored Retail Center: Heavily Trafficked Retail Node Anchored by One of the Most Highly Trafficked Walmart Locations in Louisiana (Placer.ai) with Surrounding Tenants Including Popeyes, Taco Bell, and McDonald’s

-Directly Across from Moss Bluff Elementary School: Strategically Positioned Site Located Directly Across from Moss Bluff Elementary School with +/- 1,000 Students (Grades Pre-K Through 5) Providing a Built-In Activity Generator

-Ideal Affluent/Wealthy Customer Base: Situated in an Area with Over 41,000 People Living Within a 5-Mile Radius with an Average Annual Household Income Exceeding $126,000 Making This an Ideal Starbucks Location

-Corporate Guarantee: Lease Corporately Guaranteed by Starbucks, the Largest Coffeehouse in the World with Over 40,000 Stores Globally in 80 Countries, 15,000+ of Which Are Located in the U.S.

Investment Highlights

  • Passive Starbucks Leased Asset with High Traffic
  • Rare 15-Year Lease w/13-Years Remaining and Rent Increases
  • High Activity Walmart Anchored Retail Center
  • Directly Across from Moss Bluff Elementary School
  • Ideal Affluent/Wealthy Customer Base

Exclusively Listed By

Restaurant

Starbucks - 13 Year Lease - Recent Construction

Listing Price: $2,427,184

Cap Rate
5.15%
Tenant Name
Starbucks
Years Remaining On Lease
12.9
Guarantor
Corporate Guarantee
Rentable SF
2,165
Lease Type
Double Net
Rent Per Square Feet
$57.74

Investment Highlights

  • Passive Starbucks Leased Asset with High Traffic
  • Rare 15-Year Lease w/13-Years Remaining and Rent Increases
  • High Activity Walmart Anchored Retail Center
  • Directly Across from Moss Bluff Elementary School
  • Ideal Affluent/Wealthy Customer Base

Investment Overview

-Passive Starbucks Leased Asset with High Traffic: Starbucks Leased Asset with Minimal Landlord Maintenance Located on a Heavily Trafficked Section of Sam Houston Jones Parkway (21,000 Vehicles Per Day (VPD)) in Lake Charles, LA -Rare 15-Year Lease w/13-Years Remaining and Rent Increases: Rare Opportunity to Purchase This Recently Constructed Building (2023) with Roughly 13 Years of Base Term Remaining and 10 Percent Rent Increases in 2029 and in Each Option to Hedge Inflation -High Activity Walmart Anchored Retail Center: Heavily Trafficked Retail Node Anchored by One of the Most Highly Trafficked Walmart Locations in Louisiana (Placer.ai) with Surrounding Tenants Including Popeyes, Taco Bell, and McDonald’s -Directly Across from Moss Bluff Elementary School: Strategically Positioned Site Located Directly Across from Moss Bluff Elementary School with +/- 1,000 Students (Grades Pre-K Through 5) Providing a Built-In Activity Generator -Ideal Affluent/Wealthy Customer Base: Situated in an Area with Over 41,000 People Living Within a 5-Mile Radius with an Average Annual Household Income Exceeding $126,000 Making This an Ideal Starbucks Location -Corporate Guarantee: Lease Corporately Guaranteed by Starbucks, the Largest Coffeehouse in the World with Over 40,000 Stores Globally in 80 Countries, 15,000+ of Which Are Located in the U.S.

Exclusively Listed By

MM Texture Background
MM Textured Background Lower