Gainesville, FL - Starbucks

Description:

• Starbucks has 8+ years remaining on their initial lease with 3 (5-year) options to extend, demonstrating their long-term commitment to the site
• The lease is corporate signed by Starbucks, an investment grade (S&P: BBB+), nationally recognized, and established firm with over 40,200 stores
• The lease features 10% rental increases at the beginning of each option

• Located at the signalized, four-way corner intersection of SW 43rd Street & SW Archer Road
• Wawa next door ranks in the 98th percentile (18 out of 1,041) of all nationwide locations and 100th percentile (1 out of 283) in FL via Placer.ai
• Adjacent to Texas Roadhouse which ranks in the 98th percentile (14 out of 663) of all nationwide locations and 100th percentile (1 in 45) in FL via Placer.ai
• Just West off the I-75 exit (104,500 VPD), allowing users to benefit from direct on/off ramp access to the site and surrounding trade areas
• Across from the newly constructed HCA Florida Gainesville - 55 acre Hospital and Medical Campus providing steady traffic throughout the day
• Half a mile West of Butler Plaza Central, Butler Town Center, Butler Plaza
West, etc., which boasts 10.5M+ visitors annually and ranks in the 96th - 98th percentile for nationwide community shopping centers via Placer.ai
• 1.8 miles away from the University of Florida, the fifth largest public university campus in the United States, with over 62,000 students and 20,000 employees. A single home football game in Gainesville generates between $15 million and $20 million in local economic impact for Alachua County. During the 2025 season, hotel occupancy in Gainesville reached nearly 100% for home games, with average daily rates (ADR) surging by 200-300% on game weekends. Florida’s sports tourism, bolstered significantly by UF’s athletic presence, is part of a statewide industry projected to deliver over $3 billion in economic impact in 2026.

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Listing ID: a28TP0000034BMXYA2