Retail    

Starbucks & International Diamond Center

 Lakeland, FL 

Asking Price

$5,664,000

Cap Rate

6.25%

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Lease Type

NN

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5-Mile Population

147K

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Operating History

17 Years (Starbucks)

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Rent Increases

10% every 5 years

For more details on this exclusive listing

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INVESTMENT HIGHLIGHTS

  • Investment Grade Credit Tenant – World’s Largest Coffeehouse Chain
  • Long Term Leases w/ Rental Increases
  • 17-Year Operating History, Recent Lease Extension 
  • Highly Successful Regional Operator
  • Lakeside Village - 455K SF Regional Shopping Destination 
  • Outparcel to #13 Most Visited Shopping Center in Florida
  • Highly Trafficked Location, Excellent Access and Visibility
  • No State Income Tax 
  • Excellent Demographics

Exclusively Listed By

Maggie Holmes

Senior Vice President
  mholmes@northmarq.com      678.378.4593

Mike Sladich

Regional Managing Director
  msladich@northmarq.com   

Robert Poirier

Associate Vice President
  rpoirier@northmarq.com   

Sam Wilson

Associate Vice President
  swilson@northmarq.com   

Michael Watson

Senior Associate
  mwatson@northmarq.com   

Joshua Greene

Investment Analyst
  jgreene@northmarq.com   

Chanel Tobias

Investment Analyst
  ctobias@northmarq.com   

In Association With
Jason Long

FL License #BK3302956

Northmarq

3340 Peachtree Rd NE | Suite 650
Atlanta, GA 30326
404.823.6360


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