1857 Highway 16 - Fast Food FOR SALE


Emmett, ID 83617
$3,000,000 USD
208-947-0827
1857 Highway 16, Emmett, ID for Sale
$3,000,000 USD
Fast Food - FOR SALE
1/4
null | 5% Cap Rate

1857 Highway 16
Emmett, ID 83617


HIGHLIGHTS

  • Brand new construction
  • 10 year, corporate, net lease to Starbucks Corporation
  • 4, five year options with 10% increases every 5 years
  • Investment grade tenant, rated BBB+ by Standard & Poor’s
  • Starbucks Corporation (NASDAQ: “SBUX”) is the world’s premier coffee company with over 38,038 locations and $36 billion in annual revenue

OVERVIEW

Prime investment opportunity in Emmett, Idaho! This 2,050 SF free standing building is the epitome of modernity and reliability. Brand new construction (completion date of May 2025) and a prestigious 10-year corporate net lease to Starbucks Corporation, this property offers a lucrative venture for savvy retail investors. With an investment grade tenant rated BBB+ by Standard & Poor’s, backed by a leading global coffee company with over 38,038 locations and $36 billion in annual revenue, this property assures stability and growth potential.

FOR SALE DETAILS

PRICE

$3,000,000 USD

PRICE/SF

$1,463 USD /SF

CAP RATE

5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

10.51 AC

LAND SF

457,648 SF

ZONING

-

APN/PARCEL ID

RPC9300B010010

ASK ABOUT THIS PROPERTY

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208-947-0827

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208-947-0827

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