Starbuck’s – (90 Th & Maple Street) Omaha, Ne

2716 North 90th Street, Omaha, NE

$2,250,000

Price

6%

Cap Rate

2,225 sqft

Building Size

Overview
Cap Rate
6%
Building Size
2,225 sqft
Lot Area
2,225 sqft
Occupancy
100%
Lease Type
Absolute Net
Year Built
2023
Zoning
C
Tenancy
Single
Lease Expire Year
06/30/2033
Description

Starbucks has a new 10-year NN* lease (NO EARLY TERMINATION) to Starbucks Corporation, 10% rental escalations every 5 years with four 5-year options to renew. Starbucks latest prototype with impressive 10-car stack in drive-thru - opened June 30, 2023.
Starbucks Coffee is conveniently located southwest of 90th & Maple Street (pad site to Ace Hardware Anchored Retail Center) with excellent visibility/access where traffic counts exceed 49,300 CPD! Only Starbucks location within a 2-mile radius! According to Bureau of Labor Statistics (August 2023), Nebraska’s rate at 2.0% | National unemployment rate at 3.8%. Nearby retailers include ALDI, Walmart Neighborhood Market, Westlake Ace Hardware, Harbor Freight Tools, Walgreens; retailers within 3 miles include Walmart, Target, Nebraska Furniture Mart, Lowe’s, Kohl’s, Floor & Decor, Hobby Lobby, PetSmart, Michaels, Tractor Supply Co., Baker’s; 2 miles from Westroads Mall - anchored by Von Maur, Dick’s Sporting Goods & AMC Theatres. It is 4.5 miles from College of St Mary - a Catholic women’s university offering various graduate & undergraduate programs with 857 students; 5 miles from University of Nebraska Omaha - a public research university offering over 270 undergraduate & graduate degrees & certificates with total enrollment of 15,328; 4.5 miles from CHI Health Immanuel - a top ranked hospital in Omaha with doctors specializing in back & spine, bariatric surgery, rehab & cancer care with 356 licensed beds.

Highlights
  • Brand New 10-Year NN Lease with Attractive 10% Rental Escalations Every 5 Years!
  • Starbucks latest prototype with impressive 10-car stack in drive-thru - opened June 30, 2023
  • Starbucks Coffee is conveniently located southwest of 90th & Maple Street (pad site to Ace Hardware Anchored Retail Center) with excellent visibility/access where traffic counts exceed 49,300 CPD! Only Starbucks location within a 2-mile radius!
  • According to Bureau of Labor Statistics (August 2023), Nebraska’s rate at 2.0% | National unemployment rate at 3.8%
  • 2023 DEMOGRAPHICS: Total Population (5-MI): 250,063 | Average Household Income (1-MI): $106,193
Documents
Title
Offering Memorandum
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Location
Gallery