Contact

Tallahassee, FL 32304

Starbucks

Property Address

2018 West Pensacola Street, Tallahassee, FL, USA

Offering Summary

  • Price: $3,600,000
  • Lot Size: .66 Acres
  • Cap Rate: 5.0%
  • Year Built: 2024
  • Building SF: 2,500
  • Status: Available
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  • Brand New 10-Year Lease with Corporate Starbucks Guaranty (NASDAQ: SBUX)
  • 10% Rental Increases Every 5 Years with Multiple Renewal Options
  • Daytime Population Exceeds 261,000 within a 5-Mile Radius of the Subject Property
  • Immediate Proximity to 70,000+ College Students at Florida State University, Florida A&M University, and Tallahassee Community College
  • Surrounded by Numerous Student Housing Complexes
  • Excellent Visibility Along West Pensacola Street (28,000 Cars per Day)
  • Located in WestEnd Square - Neighboring Tenants Include McDonald’s, ALDI, Aaron’s, and Pet Supermarket
  • New High-Quality 2024 Construction with a Drive-Thru

Broker Information

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