140-142 S Cities Service Hwy
Sulphur (Lake Charles), LA 70063

Starbucks

Offering Summary
Price $2,347,826 Cap Rate 5.75%
NOI $135,000.00 Rentable SF 2,165 SF
Lot Size 1.07 +/- Acres Year Built 2023
Lease Type NNN Lease Term 10 Years

Investment Highlights

  • Brand New 2023 High-Quality Construction (New Prototype)
  • 10-Year NNN Lease w/ 10% Increases Every 5-Years
  • Excellent Access & Visibility Right Off Interstate-10 (110,000
    Vehicles Per Day) & S Cities Service Hwy (21,000 Vehicles Per Day)
  • Directly Across from Brand New Whataburger & Taco Bell
  • Corporately Guaranteed Lease by Starbucks (NASDAQ: SBUX) –
    Rated BBB+ by S&P
  • Dense Retail Trade Area w/ 159,000 Residents in 10-Miles

Please login or sign up to view offering memorandum

For More Information, Please Contact:

John R Wertz
Managing Principal
(619) 218-6427
jwertz@wertzrealestate.com