Retail    

Starbucks

 Flint, MI

Asking Price

$1,871,009

Cap Rate

5.75%

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Lease Type

NN

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Year Built

2023

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Building Size

2,289 SF

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Lot Size

0.54 AC

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Renewal Options

4 x 5-year

For more details on this exclusive listing

DOWNLOAD OM

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INVESTMENT HIGHLIGHTS

  • Long-Term Net Lease | 10 Years of LTR | Minimal LL Responsibilities
  • Attractive Future Rent Escalations
    | 4.26% in Year 5
  • Investment Grade Corporate
    Guaranty | SBUX (BBB+)
  • Proximity to Highway Systems | 0.25 Miles from US Highway 23
  • Excellent Access & Visibility | West Hill Road - 16,400+ VPD
  • Across the Street from Meijer
  • Attractive Price Point | Relatively Low Price Point for SBUX
  • Near Bishop International Airport | 300,000 Passengers Served in 2022

Exclusively Listed By

Christian Tremblay

Vice President
  ctremblay@northmarq.com      +1 201.919.6148

BJ Feller

Senior Vice President & Managing Director
  bfeller@northmarq.com   
MI Broker #6506047670

Isaiah Harf

Regional Managing Director
  iharf@northmarq.com   

Mark Lovering

Associate Vice President
  mlovering@northmarq.com   

Jack Collins

Senior Associate
  jcollins@northmarq.com   

Josh Dicker

Associate
  jdicker@northmarq.com   

Robin Borgeson

Associate
  rborgeson@northmarq.com   

Russell Freeman

Analyst
  rfreeman@northmarq.com   

Sam Ray

Analyst
  sray@northmarq.com   

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