Overview

Description

A net leased Starbucks with approximately 4.5 years remaining featuring four 5-year options, 10% increases every 5-years in the base term and options, and no early termination. The subject property is the only drive-thru Starbucks within 35 miles with strong neighboring tenants including Safeway, Walgreens, Dollar Tree, Natural Grocers, and more.

Highlights

• A single-tenant Starbucks located in growing Cañon City, CO
• Corporate lease with minimal landlord obligations, making this a passive investment opportunity for a hands-off investor
• 10% annual rental increases every 5-years during the primary term and option periods, providing an investor with a hedge against inflation
• Prominent location along the main retail corridor through Cañon City and the only freestanding Starbucks with drive through within a 35-mile radius

Documents

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