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Crawfordville, FL - Starbucks

$2,974,000

2405 Crawfordville Highway, Crawfordville, FL 32327

Active
Last Updated: 03/12/2025

5.8

Cap Rate

172,500

NOI

Details:
Cap Rate:    5.8%
NOI:    $172,500
Building Size:    2,469 sqft
Lot Area:    1.35 acres
Occupancy:    10%
Year Built:    2025
Zoning:    Commercial
Description:

• The tenant recently signed a brand new 10-year lease with 6 (5-year) options
• The lease features 10% rental increases every 5 years throughout the initial term and at the beginning of each option period
• Signed lease by the corporate entity, Starbucks Corporation
• Today, with nearly 40,200 stores worldwide, the company is the premier roaster and retailer of specialty coffee in the world
• 2025 construction which will feature a state-of-the-art design with high-quality materials

• Part of a larger retail development that features a Del Taco and Circle K, promoting crossover store exposure between the two sites
• Next to Crawfordville Commons, a Publix-anchored center that also features tenants such as Jimmy John’s, UPS, and more
• The Publix ranks in the 92nd percentile (5,125 out of 64,480) of all nationwide grocery stores via Placer.ai
• The surrounding residential consumer base will provide a direct consumer base from which to draw

Map:
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