Starbucks

1246 West Granada Boulevard, Ormond Beach, FL
Deal Type:
Net Lease
Price:
$2,612,245
Cap Rate:
4.90%
Current Rent:
$128,000
Lease Type:
DoubleNet
Lease Term:
10 years
Landlord Responsibilities:
Roof, structure & parking
Renewal Options:
Six, 5-year
Building Sq. Ft.:
2,400 SF
Rent Increases:
10% every 5 years
Site Size:
0.81 Acres
  • starbucks stream capital partners
  • starbucks stream capital partners
  • starbucks stream capital partners

Investment Highlights

  • Starbucks corporate guarantee (S&P BBB+)
  • Situated less than a mile from I-95 on West Granada Boulevard
  • Average household incomes within a 1-mile radius in excess of $80,000
  • Over 26,000 students enrolled in Daytona State College
  • Strategically located in a dense retail corridor on the morning side of the street with a drive-thru
  • Nearby National Retailers include: Walmart Supercenter, Aldi, Chipotle, Lowe’s, Chick-fil-A, TD Bank, Mc Donald’s, Chili’s, Wendy’s, Chase Bank, AT&T, Aspen Dental, Panera Bread, and Petco

Listing Agents

Sasha Dominguez

Vice President
786 443 4960
Sasha@stream-cp.com

Jordan Shtulman

Managing Principal
847 226 4133
Jordan@stream-cp.com

Broker of Record: Robert Jolly, Lic. #CQ1048374

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