Fast Food For Sale • 380 SF
| Starbucks – Rare Absolute NNN Ground Lease – Corporate Guaranteed – Starbucks Corporation – (S&P Rated: “BBB+”) Investment Grade Credit |
| Excellent Credit Profile – Publicly Traded (NASDAQ: SBUX) – Over $110 Billion Market Cap – 9% Rental Escalation in 2029 – 10% Rental Increases Every |
| Unique Low Price-Point Starbucks – Currently Operates 38,000+ Stores Worldwide – 400,000+ Employees |
| Located on Briargate Blvd next to N Academy Blvd Intersection (State Highway 83) – 44,256 VPD – Outparcel to Chapel Hills Mall |
| 2nd Largest City in Colorado – Major Employers include US Air Force, Lockheed Martin, UCHealth, Amazon, FedEx, Northrop Gumman |
| Nearby Top-Tier Retailers: Whole Foods, Trader Joe’s, Lowe’s, REI, and In-N-Out Burger – Next to Interstate-25 (133,000 VPD) – Premium Brand |
| Cap Rate: | 5.50 % |
| Tenant | SF Occupied | Lease End Date |
|---|---|---|
| Starbucks | 380 SF | 6/30/2034 |
| Airport | Drive | Walk | Distance |
|---|---|---|---|
| City of Colorado Springs Municipal | 27 min | - | 13.8 mi |