2207 Veterans Memorial Drive
Abbeville (Lafayette), LA 70510
Starbucks
| Offering Summary | |||
|---|---|---|---|
| Price | $2,136,800 | Cap Rate | 6.00% |
| NOI | $128,208.00 | Rentable SF | 2,016 SF |
| Lot Size | 31,746 +/- SF | Year Built | 2024 |
| Lease Type | NNN | Lease Term | 10 Years |
Investment Highlights
- New 2024 High-Quality Construction with Drive-Thru
- New 10-Year Lease Corporately Guaranteed by Starbucks
(NASDAQ: SBUX) – Rated BBB+ by S&P - Located on Veterans Memorial Drive with Traffic Counts Exceeding 21,500 Vehicles Per Day
- Structured Rental Increases Every 5-Years and in All (4) 5-Year Options
- Surrounded by a Growing Population with 188,000 Residents in 15-Miles & Average Household Income Exceeding $95,000 Annually
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For More Information, Please Contact:
John R Wertz
Managing Principal
(619) 218-6427
[email protected]