best tracker
NN Starbucks

File Photo
Property Status
 Available
Property Type
Retail Single Tenant
State
 FL
City
 Ft. Myers
Sale Price
 $ 2,200,000
Cap Rate
 6.5%
NOI
$ 143,000
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: $143,000
Years 6-10: $157,300
Lease Renewal Options
(Four) 5-year options with 10% rent bumps every option.
Rent Commencement
March 2007
 
Building Size
 1,750± SF
Land Area
 ± Acres
Year Built
 2007
Price per Square Foot
 $ 1,257.14
Rent per Square Foot
 $ 81.71
   
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.