Starbucks

8781 W. 95th St. Overland Park, KS 66212

  • 1,985 Square Feet
  • Retail
  • For Sale

Summary Description

We are pleased to offer a newly developed, single tenant asset that is 100% leased to Starbucks (corporate) on a new 10 year fixed term. The building is approximately 2,000 square feet and is positioned on approximately .51 acres of land; the building is Starbucks' most current drive through prototype and comes with all warranties in place, including roof and structure. The lease contains 4 -5 yr option periods. There are 10% rental increases every 5 yrs, including the option periods, presenting a strong inflation hedge to an investor.Starbucks, Inc (NASDAQ: SBUX) is the lease guarantor and holds an investment grade credit rating of A- by S&P and A3 by Moody' s (investment grade). Starbucks is an America global coffee company and chain based in Seattle, WA, and is the largest coffeehouse company in the world with approximately 21,000 locations across 64 countries. There are over 13,000 locations in the US alone. It' s market capitalization is approximately $53 Billion.

Price: $2,070,000.00

Building Size: 1985 Square Feet

Area Available: 1,985 Square Feet

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