Restaurant

Starbucks

12419 St Charles Rock Rd, Bridgeton, MO 63044

Listing Price: $2,300,000

Cap Rate
5.00%
Tenant Name
Starbucks
Years Remaining On Lease
10.1
Gross SF
2,100
Guarantor
Franchisee Guarantee
Rentable SF
2,100
Price/Gross SF
$1,095.24
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$54.76

Investment Overview

Marcus & Millichap is pleased to present the exclusive listing for a newly constructed Starbucks which includes Starbucks best in class drive-thru experience, located at 12419 St Charles Rock Road, Bridgeton, Missouri. The property consists of roughly 2,100 rentable square feet of building space on an estimated 0.93 parcel of land.
Starbucks is subject to a brand new 10-Year Triple-Net (NNN) lease with rent expected to commence on April 1st, 2021. The initial rent is $115,000 with 7.5%increases every 5 years.
There are four (4), five (5)-year tenant renewal options, extending the total possible lease term to 30 years.

Investment Highlights

  • Brand New 2021 Construction
  • Store Set to Open in April 2021
  • Brand New 10-Year Triple-Net (NNN) Lease
  • Four (4), Five (5)-Year Tenant Renewal Options
  • 7.5% Rental Increases Every Five (5) Years
  • Extremely Dense Retail Corridor With High Traffic Counts of 34,000 Vehicles Per Day

Exclusively Listed By

Broker of Record

  • Bradley Barham

    First Vice President Investments

    License(s): MO: 2013016939

    Missouri

Listing Price: $2,300,000

Cap Rate
5.00%
Tenant Name
Starbucks
Years Remaining On Lease
10.1
Gross SF
2,100
Guarantor
Franchisee Guarantee
Rentable SF
2,100
Price/Gross SF
$1,095.24
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$54.76

Investment Highlights

  • Brand New 2021 Construction
  • Store Set to Open in April 2021
  • Brand New 10-Year Triple-Net (NNN) Lease
  • Four (4), Five (5)-Year Tenant Renewal Options
  • 7.5% Rental Increases Every Five (5) Years
  • Extremely Dense Retail Corridor With High Traffic Counts of 34,000 Vehicles Per Day

Investment Overview

Marcus & Millichap is pleased to present the exclusive listing for a newly constructed Starbucks which includes Starbucks best in class drive-thru experience, located at 12419 St Charles Rock Road, Bridgeton, Missouri. The property consists of roughly 2,100 rentable square feet of building space on an estimated 0.93 parcel of land.
Starbucks is subject to a brand new 10-Year Triple-Net (NNN) lease with rent expected to commence on April 1st, 2021. The initial rent is $115,000 with 7.5%increases every 5 years.
There are four (4), five (5)-year tenant renewal options, extending the total possible lease term to 30 years.

Exclusively Listed By

Broker of Record

  • Bradley Barham

    First Vice President Investments

    License(s): MO: 2013016939

    Missouri

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