Brand New Construction with a Corporate 10-Year Triple Net Lease in Miami, Oklahoma off of U.S. Rt. 66
This Starbucks out parcel on a Tractor Supply and Locke Supply features a brand-new 10-year corporate triple net lease (NNN) with Starbucks Corporation (NASDAQ: SBUX). The property is at a strategic location directly across from a Super Walmart.
Starbucks Corporation, the world’s leading coffee company with over 38,000 locations worldwide and annual revenue exceeding $36 billion.
Lease Terms: 10-year triple net lease with a solid investment-grade tenant, rated "BBB+" by Standard & Poor’s.
Rent Increases: 7.0% rental increases every five years, ensuring growing returns over the lease term.
Per Statista, the average Starbucks customer visits six times per week, contributing to approximately 60 million customers served weekly and four million coffee-based beverages sold daily.