758 State Route 96 - Fast Food FOR SALE


Bonaire, GA 31005
$2,700,000 USD
415-604-4288
758 State Route 96, Bonaire, GA for Sale
$2,700,000 USD
Fast Food - FOR SALE
1/6
null | 5.65% Cap Rate

758 State Route 96
Bonaire, GA 31005


HIGHLIGHTS

  • 10-year corporate net lease to Starbucks Corporation
  • 10% fixed rental increases every five years, offering projected growth over a long-term investment
  • Investment grade tenant, rated “BBB+” by Standard & Poor’s
  • Mobile orders account for 31% of total transactions, a new record high for Starbucks
  • Starbucks Corporation (NASDAQ: “SBUX”) is the world’s premier coffee company, with over 38,000 locations and $36B in annual revenue
  • High quality 2024 construction built to latest Starbucks prototype

OVERVIEW

Built in 2024, this Starbucks occupies a 2,593 SF building on a 0.86-acre parcel optimized for drive-thru service and customer convenience. Tenant covers taxes, insurance, and maintenance, while the landlord is responsible for roof, structure, and parking lot, offering a near-passive income stream for investors. The property benefits from over combined 50,600 AADT at the signalized intersection of State Route 96 and South Houston Lake Road, ensuring steady visibility and access. Surrounded by high-demand retailers like Chick-fil-A, Peachtree Immediate Care, and Valvoline, creating robust cross-traffic potential. The surrounding 5-mile radius has a population exceeding 105,000, with an average household income in excess of $109,000, supporting ongoing retail demand. The lease is backed by Starbucks Corporation, reducing risk and providing long-term tenant stability.

FOR SALE DETAILS

PRICE

$2,700,000 USD

PRICE/SF

$1,041 USD /SF

CAP RATE

5.65%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Starbucks

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

32

LAND DETAILS

LAND ACRES

0.86 AC

LAND SF

37,462 SF

ZONING

C2 R1 RAG

APN/PARCEL ID

78-335

ASK ABOUT THIS PROPERTY

Scott CrowleCushman & WakefieldMore Info
415-604-4288

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Scott CrowleCushman & WakefieldMore Info
415-604-4288

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