Starbucks | 2026 Build
$2,625,000
151 West Sunset Drive, Waukesha, WI 53189
For Sale
Retail
Retail Pad
Active
Last Updated: 03/02/2026
6
Cap Rate
157,500
NOI
Details:
Cap Rate: 6%
NOI: $157,500
Building Size: 2,570 sqft
Lot Area: 0.78 acres
Occupancy: 100%
Class: A
Lease Type: Double Net
Year Built: 2026
Tenancy: Single
Investment Strategy: Core
Highlights:
- Brand New 2,570 SF Starbucks Build to Suit
- 10 Year Corporate Lease with Four 5 Year Options
- Scheduled Rental Increases Every Five Years
- Investment Grade Credit Tenant, S&P BBB+, Moody’s Baa1
- Dense Student & Academic Base Within 4 Miles Including Carroll University and Three High Schools
- Adjacent to Pick ’n Save, Meijer, Crunch Fitness, and The Shoppes of Fox River Power Center
- Located in One of Southeastern Wisconsin’s Most Desirable Submarkets
Description:
Mid-America Real Estate is pleased to present the opportunity to acquire a brand new Starbucks located at 151 West Sunset Drive in Waukesha, Wisconsin. The 2,570 square foot build to suit drive thru location is secured by a 10 year corporate guaranteed lease with four five year renewal options and scheduled rent increases, offering stable long term income backed by an investment grade tenant. Positioned along Sunset Drive, one of Waukesha’s primary retail corridors, the property benefits from strong traffic counts, dominant surrounding anchors, affluent demographics, and a dense student population including Carroll University and multiple high schools within four miles.
Documents:
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Starbucks_Waukesha_OM.pdf
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Location
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