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Jacksonville, IL 62650

Starbucks Drive-Thru

Property Address

1110 West Morton Avenue, Jacksonville, IL, USA

Offering Summary

  • Price: $2,572,000
  • Lot Size: 1.36 Acres
  • Cap Rate: 6.60%
  • Year Built: 2023
  • Building SF: 2,243
  • 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
  • Largest Coffeehouse Chain Globally with 41,000+ Stores in 88 Countries
  • New Prototype Generates 50% More Revenue and Supports 70%+ of Sales Through Mobile, Drive-Thru, and Delivery
  • Strategic Location, the Only Freestanding Starbucks in Morgan County
  • Directly Across from Illinois College and Jacksonville Middle School
  • Surrounded by Walmart Supercenter, Home Depot, HyVee, Aldi, Marshalls, Ollie’s Outlet, Dunham’s Sports, and Many More

Broker Information

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