Net Leased Starbucks Property Profile and Cap Rates Date October 5, 2020
Net Leased Starbucks – Typical Property and Lease Terms
Price Range: | $1M - $2M |
Cap Rate: | 5.22% |
Net Income: | $100,000 - $200,000 |
Price Per foot: | $1,000 PSF |
Building Size: | 2,200 SF |
Lot Size: | 0.5 Acre - 1 Acre |
Escalations: | 10% Every 5-Years |
Lease Term: | 10 Years |
Lease Type: | NN |
Credit Rating: | A- (S&P) |
Tenant Company Information:
Starbucks Corporation, together with its subsidiaries, operates as a roaster, marketer, and retailer of specialty coffee worldwide. The company operates in three segments: Americas; International; and Channel Development. Its stores offer coffee and tea beverages, roasted whole bean and ground coffees, single-serve and ready-to-drink beverages, and iced tea; and various food products, such as pastries, breakfast sandwiches, and lunch items. The company also licenses its trademarks through licensed stores, and grocery and foodservice accounts. It offers its products under the Starbucks, Teavana, Seattle’s Best Coffee, Evolution Fresh, Ethos, Starbucks Reserve, and Princi brand names. As of October 30, 2019, the company operated approximately 31,000 stores. Starbucks Corporation was founded in 1971 and is based in Seattle, Washington.
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