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Drug Store

Starbucks, Englewood

2931 S McCall Rd, Englewood, FL 34224

Listing Price: $3,862,500

Cap Rate
4.00%
Tenant Name
Starbucks
Years Remaining On Lease
10.1
Gross SF
2,500
Guarantor
Corporate Guarantee
Rentable SF
2,500
Price/Gross SF
$1,545.00
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$61.80

Investment Overview

Marcus & Millichap is pleased to present for sale this brand-new construction
Starbucks with Drive Thru located at 2931 South McCall Road in Englewood,
Florida. This Starbucks is located at the entrance to a busy Walmart Supercenter
and experiences traffic counts in excess of 30,500 Vehicles per day. This rare
Starbucks with Drive Thru is situated by numerous national retailers including
Murphy Gas, Circle K, Walgreens, Truist Bank, and Racetrac to name a few.
This Starbucks is minutes from Oyster Creek Golf and Country Club which
Consists of 560 Single Family Homes and Villas Built On and Around a
Challenging 18 Hole Executive Golf Course. This property is a short 15
minutes from The State College of Florida at North Port with a current student
enrollment of over 3,000 students. Only nine minutes away is Englewood
Community Hospital, a 100 Bed Acute Care Hospital serving hundreds of
patients each year. Also nine minutes from the property is Merchants Crossing,
a busy, 213,739 square foot modern shopping center with 27 stores including
Bank of America, Bealls, Publix, Hallmark Cards, Quest Diagnostics, Miracle
Ear, Checkers, Office Depot, and LA Nails among many others.
Many recreational areas surround this Starbucks, including Stump Pass
Beach State Park, which sees thousands of visitors each year for its yearround
swimming and sunbathing. Also nearby are popular beaches such as
Manasota Beach, Blind Pass Beach, Englewood Beach and Gasparilla Island
State Park. Parks nearby include Indian Mound Park, Lemon Bay Park and
Nature Center, Cedar Point Environmental Park and Ann Dever Memorial
Regional Park.
Englewood is a city along Floridas Gulf Coast in the Sarasota and Charlotte
counties in the state of Florida. Englewood is part of the Sarasota-Bradenton-
Venice Metropolitan Statistical Area with a population over 836,995.
Englewood is a great Florida tourist destination with plenty of beautiful,
uncrowded beaches, plenty of golf is available as well as parasailing, jet-skiing
and fishing. Writer Nedra McDaniel calls Englewood One of Floridas Best
Kept Secrets, citing its beautiful beaches for shelling and miles of beautiful
trails to hike.
Starbucks is an American multinational chain of coffeehouses and roastery
reserves headquartered in Seattle, Washington. It was founded in 1971 in Pike
Place Market in Seattle, Washington and it is the worlds largest coffeehouse
chain. Starbucks Corporation encompasses 32,000+ Stores and annual sales
over $26.5Billion.

Investment Highlights

  • Brand New 2021 Construction Starbucks with Drive Thru
  • 10 Year NN Lease with 10% Increases Every 5 Years in Rent | No Kickout Clause
  • Excellent Intrinsic Value: Large .96 Acre Parcel of Land with 2,500 Square Foot Build
  • Located at the Entrance to a busy Walmart Supercenter
  • Traffic Counts Exceeding 30,500 Vehicles Per Day
  • Florida is a No Income Tax State

Exclusively Listed By

Drug Store

Starbucks, Englewood

Listing Price: $3,862,500

Cap Rate
4.00%
Tenant Name
Starbucks
Years Remaining On Lease
10.1
Gross SF
2,500
Guarantor
Corporate Guarantee
Rentable SF
2,500
Price/Gross SF
$1,545.00
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$61.80

Investment Highlights

  • Brand New 2021 Construction Starbucks with Drive Thru
  • 10 Year NN Lease with 10% Increases Every 5 Years in Rent | No Kickout Clause
  • Excellent Intrinsic Value: Large .96 Acre Parcel of Land with 2,500 Square Foot Build
  • Located at the Entrance to a busy Walmart Supercenter
  • Traffic Counts Exceeding 30,500 Vehicles Per Day
  • Florida is a No Income Tax State

Investment Overview

Marcus & Millichap is pleased to present for sale this brand-new construction
Starbucks with Drive Thru located at 2931 South McCall Road in Englewood,
Florida. This Starbucks is located at the entrance to a busy Walmart Supercenter
and experiences traffic counts in excess of 30,500 Vehicles per day. This rare
Starbucks with Drive Thru is situated by numerous national retailers including
Murphy Gas, Circle K, Walgreens, Truist Bank, and Racetrac to name a few.
This Starbucks is minutes from Oyster Creek Golf and Country Club which
Consists of 560 Single Family Homes and Villas Built On and Around a
Challenging 18 Hole Executive Golf Course. This property is a short 15
minutes from The State College of Florida at North Port with a current student
enrollment of over 3,000 students. Only nine minutes away is Englewood
Community Hospital, a 100 Bed Acute Care Hospital serving hundreds of
patients each year. Also nine minutes from the property is Merchants Crossing,
a busy, 213,739 square foot modern shopping center with 27 stores including
Bank of America, Bealls, Publix, Hallmark Cards, Quest Diagnostics, Miracle
Ear, Checkers, Office Depot, and LA Nails among many others.
Many recreational areas surround this Starbucks, including Stump Pass
Beach State Park, which sees thousands of visitors each year for its yearround
swimming and sunbathing. Also nearby are popular beaches such as
Manasota Beach, Blind Pass Beach, Englewood Beach and Gasparilla Island
State Park. Parks nearby include Indian Mound Park, Lemon Bay Park and
Nature Center, Cedar Point Environmental Park and Ann Dever Memorial
Regional Park.
Englewood is a city along Floridas Gulf Coast in the Sarasota and Charlotte
counties in the state of Florida. Englewood is part of the Sarasota-Bradenton-
Venice Metropolitan Statistical Area with a population over 836,995.
Englewood is a great Florida tourist destination with plenty of beautiful,
uncrowded beaches, plenty of golf is available as well as parasailing, jet-skiing
and fishing. Writer Nedra McDaniel calls Englewood One of Floridas Best
Kept Secrets, citing its beautiful beaches for shelling and miles of beautiful
trails to hike.
Starbucks is an American multinational chain of coffeehouses and roastery
reserves headquartered in Seattle, Washington. It was founded in 1971 in Pike
Place Market in Seattle, Washington and it is the worlds largest coffeehouse
chain. Starbucks Corporation encompasses 32,000+ Stores and annual sales
over $26.5Billion.

Exclusively Listed By

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