Wesley Chapel, FL - Starbucks

Description:

• 8 years remaining with 6 (5-year) options to extend, demonstrating commitment to the site
• 2023 construction which features high-quality materials, high-level finishes, and distinct Starbucks design elements
• 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 every 5 years and at the beginning of each option

• Located at the signalized, hard corner intersection of Wesley Chapel Blvd and Oakley Blvd
• This location ranks in the 67th percentile (2,867 out of 8,747) of all nationwide Starbucks locations via Placer.ai
• Part of larger development featuring Subway, a c-store, a multi-tenant strip, and a future Woodies Wash Shack
• Directly Off I-75 (135,300 VPD), allowing users to benefit from on/off ramp access to the site and surrounding trade areas
• Just South of The Grove, a big box anchored center, that ranks in the 98th percentile (730 out of 41,133) of all nationwide shopping centers via Placer.ai
• Pasco County New Developments:
• Two Rivers - Upon completion, the master-planned community will feature
6,000-homes and Tampa’s first surf park.
• The Landings - Plans have been submitted for the new $27M upscale, members-only social club within the Two Rivers community.
• Johns Hopkins All Children’s -The 112-acre site will house a 56-bed hospital, a 16-room emergency center, four operating rooms, four imaging rooms and additional clinic space designed for future expansion