Jacksonville, FL - Starbucks

Description:

• Starbucks Corporation has 7+ years of term remaining on the original 10 year lease, demonstrating their long-term commitment to the site
• The lease is guaranteed by Starbucks, and investment grade (S&P: BBB+), nationally recognized, and established firm with over 41,000 stores
• The lease features 10% rental increases every 5 years and at the beginning of each option
• 2023 construction which features high-quality materials, high-level finishes, and distinct Starbucks design elements

• Starbucks is strategically fronting U.S. Highway 1 that also intersects with Emerson Street which combine to have over 38,500 vehicles per day
• The site is equipped with a drive-thru, allowing for Starbucks to maximize efficiency and productivity at this location
• National tenants in the immediate trade area such as Chipotle, McDonald’s, WingStop, Dairy Queen, Arby’s, Dunkin, and more
• Surrounding big box retailers such as Walmart, Winn Dixie, Family Dollar, Dollar Tree, Advance Auto Parts, ALDI, Ace Hardware, and more

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