Starbucks
Single-Tenant Offerings
Starbucks
1000 S Broad St.
Brooksville (North of Tampa), FL
- Price:
- $3,967,000
- Cap Rate:
- 5.75%
- NOI:
- $228,093
- Rentable SQFT:
- 2,500 SF
- Year Built:
- 2024
- Lot Size:
- 1.22 +/- Acres
- Lease Type:
- NN
- Status:
- Available
Investment Highlights
- New 10-Year Corporate Lease with No Early Termination Clause
- 10% Rental Increases Every 5 Years in the Base Term and Options
- Investment Grade Credit Tenant (Rated BBB+ by S&P), Ranked #125 on Fortune 500
- Brand New High-Quality Construction with a Patio and Drive-Thru
- Mobile App and Drive-Thru Orders Make Up 70%+ of Sales
- Serving Over 80,000 Residents in Rapidly Growing Trade Area, 45 Miles North of Downtown Tampa
- Hard Corner Location, Highly Visible to More Than 31,500 Cars/Day
- Down the Street from High-Volume Walmart Supercenter, Lowe’s, Publix, Winn-Dixie, a Brand New Wawa, and Many More
- Minutes to Tampa General Hospital Brooksville with 348 Employees
- Strong Daytime Population, Over 25,600 Employees in the Primary Trade Area
- Close Proximity to Withlacoochee State Forest with 4+ Million Visitors Annually
- 60 Miles West of Walt Disney World Resort with 58 Million Annual Tourist Visits
- Tax Free State, No State Income Tax in Florida
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