Simaan Real Estate is pleased to exclusively offer the opportunity to acquire the 100% fee simple interest in a brand-new net leased Starbucks, strategically located on West 192, in close proximity to Walt Disney World®, Margaritaville, numerous timeshare resorts and vacation rentals, and South of the Horizon West master planned community. The new construction building has a critically important drive through lane, excellent exposure, convenient ingress/egress, and beneficial cross access to the adjacent lots and full access traffic signal.
An investor will benefit from a landlord favorable 10-year NN lease with Starbucks corporate (S&P: BBB+), which includes a rare self-maintain provision, requiring the tenant to handle all regular maintenance of the premises. The lease also features ten percent rental increases every five years in the initial term and option periods, providing an investor with an inflation-hedged income stream backed by an investment-grade credit tenant. Starbucks is a strong global brand that has grown to 40,576 locations worldwide with a market capitalization of $123.64 billion.