NN Starbucks For Sale in Bradenton, Florida


NN Starbucks
File Photo
Property Status	Available
Property Type	Retail Single Tenant
State	FL
City	Bradenton
Sale Price	$ 1,995,000
Cap Rate	6.75%
NOI	$ 134,662
Lease Term (Years)	10
Lease Type	NN
Landlord Responsibilities	Roof & Structure
Guarantor	Starbucks Corp.
Credit Rating	S&P Rated BBB+
Net Worth	$ 2.284 Billion
Tenant Information	The world's #1 specialty coffee retailer, Seattle-based Starbucks has more than 15,000 coffee shops in more than 35 countries. The outlets offer coffee drinks and food items, as well as roasted beans, coffee accessories, and teas. Starbucks owns more than 8,500 of its shops, which are located in about 10 countries (mostly in the US), while licensees and franchisees operate more than 6,500 units worldwide (primarily in shopping centers and airports). The company also owns the Seattle's Best Coffee and Torrefazione Italia coffee brands. In addition, Starbucks markets its coffee through grocery stores and licenses its brand for other food and beverage products.
Tenant Web Site	http://www.starbucks.com
Ticker Symbol	SBUX
Rent Adjustments	Years 1-5: $134,662 Years 6-10: $148,128
Lease Renewal Options	(Four) 5-year options with 10% rent bumps every option.
Rent Commencement

Building Size	2,135 ± SF
Land Area	43,750 ± Acres
Year Built	2003
Price per Square Foot	$ 934.42
Rent per Square Foot	$ 63.07

Notes	New Starbucks located in the Sarasota Florida area. The property is among the top three performing stores in the entire Central West Coast Florida region. Out parcel to 404,000 SF Lowes Power Center. 53,000 VPD. 10 Year lease with bumps!

For more information on this property, please contact:
Contact: Direct: Office: Email: Website:	Derrick Schroeder 954-296-6955 954-492-5088 Dschroe@gmail.com www.SolidInvestmentsFL.com
Solid Investments of Realty of Associates Florida Properties 3087 E. Commercial Blvd. Ft. Lauderdale, FL 33308 The properties shown on this website may or may not be exclusively listed by Solid Investments of Realty Associates Florida Properties. All information shown on www.solidinvestmentsfl.com is believed to be accurate, but is not warranted.