Daphne, AL - Starbucks

Description:

• Starbucks recently signed a 10-year lease with 6 (5-year) options to extend
• The lease is corporate signed by Starbucks Corporation, with more than 38,000 stores worldwide, the company is the premier roaster and retailer of specialty coffee in the world
• 2024 construction that features high quality materials, distinct design elements, and high-level finishes
• 5% rental increases every 5 years and at the beginning of each option period

• Starbucks is strategically positioned off the signalized, hard corner intersection of US Hwy 98 and Van Ave averaging 34,900 VPD
• The immediate trade area is supported by retailers such as Target, Chick-fil-A, Chipotle, and more
• Directly across from a Chevrolet dealership, providing a direct consumer base from which to draw
• Equipped with a drive-thru, maximizing productivity and efficiency