Rochester, IN 46975

Starbucks

Property Address

394 Rochester Crossing Drive, Rochester, IN, USA

Offering Summary

  • Price: $2,240,000
  • Lot Size: 1.42 Acres
  • Cap Rate: 5.0%
  • Year Built: 2021
  • Building SF: 2,225
  • Status: Available
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  • 10-Year Lease with 7.5% Increases Every 5 Years, No Early Termination Clause
  • Corporate Guaranty, Investment Grade Credit Tenant Rated BBB+ by S&P
  • Ranked #114 on the Fortune 500, Annual Revenue Exceeds $26.5 Billion
  • New High-Quality Construction with a Drive-Thru, Limited Landlord Responsibilities
  • Strategic Location, Closest Freestanding Starbucks with a Drive-Thru is Over 23 Miles Away
  • Situated at the Entrance to a New Walmart Supercenter and Across from Kroger Grocery Anchored Center
  • Hard Corner Location at Signalized Intersection, Highly Visible Along Major Artery with Direct Access to South Bend

Broker Information