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Bloomington, IL 61701

Starbucks Drive-Thru

Property Address

1609 West Market Street, Bloomington, IL, USA

Offering Summary

  • Price: $2,623,500
  • Lot Size: 0.94 Acres
  • Cap Rate: 6.40%
  • Year Built: 2023
  • Building SF: 2,265
  • Status: Available
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  • New 10-Year Corporate Lease with No Early Termination Clause
  • 7% Rental Increases Every 5 Years in the Base Term and Options
  • Investment Grade Credit Tenant (Rated BBB+ by S&P), Ranked #125 on Fortune 500
  • New High-Quality Construction with a Drive-Thru, Minimal Landlord Responsibilities
  • Serving Over 112,000 Residents in Established Central Illinois Trade Area
  • One of the Fastest Growing Metro Areas in Illinois with Residential, Commercial, and Industrial Growth
  • Strategic Location, Only Freestanding Starbucks in West Bloomington, Nearest Store is 4+ Miles Away
  • Minutes to $2+ Billion Rivian Manufacturing Plant with 8,000+ Employees, $1.5 Billion Expansion Under Construction

Broker Information

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