8871 Florida Blvd
Baton Rouge, LA 70815
Starbucks
| Offering Summary | |||
|---|---|---|---|
| Price | $2,390,608 | Cap Rate | 5.75% |
| NOI | $137,460.00 | Rentable SF | 2,165 SF |
| Lot Size | 33,976 +/- SF | Year Built | 2023 |
| Lease Type | NNN | Lease Term | 10 Years |
Investment Highlights
- New 2023 High-Quality Construction (New Prototype Location)
- New 10-Year Lease Corporately Guaranteed by Starbucks
(NASDAQ: SBUX) – Rated BBB+ by S&P - Adjacent to Brand New 3.5 Million SF Amazon Fulfillment Center
- Next to Top Performing Raising Cane’s Which Just Finished Major
Renovation Increasing the Drive-Thru & Parking Lot - Excellent Access & Visibility Right Off Florida Blvd and Airline Hwy
with Combined Traffic Counts Exceeding 96,000 Vehicles Per Day - Dense Retail Trade Area w/ 200,000 Residents in 5-Miles
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For More Information, Please Contact:
John R Wertz
Managing Principal
(619) 218-6427
[email protected]