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  • Home
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    • Ormond Renaiscance Condos
    • The Azur Resort - Orlando
    • Puerto Del Rio
  • Closed
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    • Compass Pointe-Tampa Sold
    • Starbucks Ocala FL Sold
    • Starbucks Orlando FL Sold
    • Distressed USA
    • Green Village - Closed
    • Spetses Providence Closed
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    • Olympic Vizcay - Sold
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Starbucks Orlando FL

A Starbucks coffee shop with outdoor seating and a 'Now Open' sign.

DEAL POINTS

  • NN LEASE
  • LANDLORD OBLIGATIONS: ROOF, STRUCTURE, ETC.
  • NO KICKOUT RENT CLAUSE
  • NEW HIGH QUALITY 2018 CONSTRUCTION
  • SCHEDULED RENTINCREASES
  • RENT COMMENCEMENT NOVEMBER 2018
  • TEN YEAR BASE TERM
  • LOCATED IN OCALA FLORIDA

Aerial view of a busy highway with adjacent parking lots and greenery.

Location

THE PROPERTY features excellent visibility and frontage at the corner of Lake Pickett Road and E. Colonial Drive (SR-50), with an estimated 58,686 vehicles per day traveling through this intersection. This intersection is shared by Walgreens, CVS, Autozone, and Citgo, driving significant additional customer traffic to Starbucks. Colonial road serves as a key entry point to and from UCF and CF Research Park. The trade area includes a host of synergistic retailers including Publix, Burlington, Target, Hobby Lobby, and others. New development in the area such as a large student housing project just to the west and a new Florida Hospital campus and medical offices (both to be completed by end-of-year) will drive additional traffic to the already busy corridor directly benefiting the property.

Modern coffee shop interior with menu boards and display cases.

Financials

  • NET OPERATING INCOME $170,500
  • SQUARE-FOOTAGE 2,500
  • LANDSIZE .78 AC
  • YEARBUILT 2018
  • INVESTOR PAYOUT 22%

Downloads

Starbucks - Orlando FL (pdf)

Download

Starbucks Profile (pdf)

Download

Starbucks Orlando

Check out the video of the Starbucks Unit

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