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Starbucks

$3,684,000

9343 Double R Boulevard, VC Highlands, NV 89521

Active
Last Updated: 07/29/2025

4.75

Cap Rate

175,000

NOI

Details:
Cap Rate:    4.75%
NOI:    $175,000
Building Size:    2,465 sqft
Lot Area:    34,294 sqft
Lease Type:    Triple Net
Year Built:    2025
Tenancy:    Single
Highlights:
  • 15-year corporate net lease with 10% rental increases every 5 years
  • Brand-new 2025 build-to-suit construction with drive-thru
  • Located at signalized hard corner intersection
  • Corporate lease backed by investment grade tenant
  • Tax-free state
  • Dense industrial/retail corridor, ~10,000 daytime employees work within a 1-mile radius of the subject property
Description:

A 15-year corporate Starbucks lease featuring 10% rental increases every 5 years and three, 5-year extension options. The subject property is located in a dense industrial/residential corridor with ~10,000 daytime employees and another 9,000+ residents within a 1-mile radius providing a substantial customer base for this location.

Map:
Documents:
Title
Starbucks_RenoNV.pdf
Starbucks_RenoNV.pdf
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