Restaurant

Starbucks

1641 S Court St, Circleville (Columbus), OH 43113

Listing Price: $2,169,000

Cap Rate
5.25%
Tenant Name
Starbucks
Years Remaining On Lease
9.9
Guarantor
Corporate Guarantee
Rentable SF
2,300
Lease Type
Double Net
Rent Per Square Feet
$49.50

Investment Overview

Starbucks is the premier roaster, marketer and retailer of specialty coffee in the world, operating in 69 countries. Formed in 1985, Starbucks Corporation’s common stock trades on the NASDAQ Global Select Market (“NASDAQ”) under the symbol “SBUX.” The company purchases and roasts high-quality coffees that they sell, along with handcrafted coffee, tea and other beverages and a variety of fresh food items, through company-operated stores.

Investment Highlights

  • Brand New 10-Year Corporate Lease with Starbucks
  • 10 Percent Rental Increases Every Five Years
  • Growing Circleville Trade Area in the Columbus MSA
  • 20,273 Residents within a Five-Mile Radius
  • Located in Dense Retail Corridor - Walmart, Tractor Supply Co, ALDI, Chipotle, KFC, Dollar Tree, Rural King, and More

Exclusively Listed By

Listing Price: $2,169,000

Cap Rate
5.25%
Tenant Name
Starbucks
Years Remaining On Lease
9.9
Guarantor
Corporate Guarantee
Rentable SF
2,300
Lease Type
Double Net
Rent Per Square Feet
$49.50

Investment Highlights

  • Brand New 10-Year Corporate Lease with Starbucks
  • 10 Percent Rental Increases Every Five Years
  • Growing Circleville Trade Area in the Columbus MSA
  • 20,273 Residents within a Five-Mile Radius
  • Located in Dense Retail Corridor - Walmart, Tractor Supply Co, ALDI, Chipotle, KFC, Dollar Tree, Rural King, and More

Investment Overview

Starbucks is the premier roaster, marketer and retailer of specialty coffee in the world, operating in 69 countries. Formed in 1985, Starbucks Corporation’s common stock trades on the NASDAQ Global Select Market (“NASDAQ”) under the symbol “SBUX.” The company purchases and roasts high-quality coffees that they sell, along with handcrafted coffee, tea and other beverages and a variety of fresh food items, through company-operated stores.

Exclusively Listed By

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