720 Gilberts Ferry SE Rd - Fast Food FOR SALE


Gadsden, AL 35904
$3,150,000 USD
949-431-2735
720 Gilberts Ferry SE Rd, Gadsden, AL for Sale
$3,150,000 USD
Fast Food - FOR SALE
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720 Gilberts Ferry SE Rd
Gadsden, AL 35904


HIGHLIGHTS

  • Brand-New 2024 Construction
  • Excellent Traffic Counts
  • No Competition in the Market

OVERVIEW

• Single-Tenant Starbucks: ° Corporate Lease from world’s leading coffee chain [Starbucks Corp] ° NN+ Lease with minimal landlord responsibilities, ideal for a passive investor ° 10- year primary term, with six (6), 5-year options ° 10% rental increases every 5-years, including options • About Starbucks: ° Starbucks Corp. (NASDAQ: SBUX) ° 40,000+ stores worldwide ° Fortune 500 company | 380,000+ employees ° Investment Grade Tenant (BBB+ S&P, Baa1 Moody’s) ° $86.02 billion reported market cap (July 2024) ° $36.53 billion in reported revenue for 2023 (11%+ YOY increase)

FOR SALE DETAILS

PRICE

$3,150,000 USD

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Starbucks

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Freestanding, Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

34

LAND DETAILS

LAND ACRES

1.17 AC

LAND SF

50,965 SF

ZONING

-

APN/PARCEL ID

16-02-10-0-001-065.000

ASK ABOUT THIS PROPERTY

Austin BlodgettRealSource GroupMore Info
949-431-2735

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Austin BlodgettRealSource GroupMore Info
949-431-2735

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.