Retail    

Starbucks

 Loves Park (Rockford), IL

Asking Price

$2,272,500

Cap Rate

5.50%

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Expenses

NN

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Year Built

Dec 2021

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LTR

9.33 Years

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Avg HHI

$112,450+ (3-Mile)

Expansion

Lot Size

1.09 AC

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INVESTMENT HIGHLIGHTS

  • Investment Grade Corporate Backing by Starbucks Corporation (NASDAQ: SBUX)
  • Over 9 Years Remaining on Lease with No Termination Option
  • Brand New Freestanding Drive-Thru Building
  • Proximity to Top U.S. Markets
  • Desirable Lease Structure
  • Strategic Market Position
  • Experienced National Restaurant Concept
  • Demographics & Local Market
    $112,450+ Avg. Household Income (3-mile)
    97,491+ Population (5-mile)

Exclusively Listed By

Matt Lipson

Associate Vice President
  mlipson@northmarq.com      +1 503-468-7503

In Association With
Bradley J. Feller

Illinois Broker #471007951

Northmarq

10620 Treena Street, Ste 230
San Diego, CA 92131


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