New Starbucks / Across from Publix / 10 Yr Lease

Highlights:

• Credit income stream backed by Starbucks (NSDQ: SBUX), the world’s top coffee brand with 40,000+ locations and $36B+ in 2024 revenue
• Long-term 10-year lease with rare 10% rent increases every 5 years, offering inflation protection and strong value growth
• Newly built, prototypical drive-thru Starbucks location designed for high performance, generating up to 50% more revenue than non-drive-thru sites
• Prime street-front pad location with drive-thru on S. Alafaya Trail (29,000+ VPD), directly across from a high-traffic Publix supermarket
• Single-tenant NNN lease offering passive investors a secure income stream, minimal landlord responsibilities, & no maintenance due to new construction
• Fee simple investment with land and building ownership, tax benefits, and strong cash flow in rapidly growing, business-friendly Orlando.

Description:

FLORIDA BROKER OF RECORD... SCOTT AYRES DeYOUNG ...FL BK 3421401
Faris Lee Investments is pleased to offer a STNL freestanding, Starbucks on a triple net lease in Orlando, Florida. The newly constructed property, which opened in February 2025, is secured by a long-term 10-year lease with six, 5-year renewal options, offering potential total lease term of 40 years. The lease stipulates 10% rental increases every five years, ensuring a growing income stream and a robust hedge against inflation. This passive investment also features a drive thru which generates approximately 50% more revenue than non-drive-thru locations.
The lease is secured by Starbucks Corporation (NSDQ: SBUX), the world’s largest coffee retailer and best-in-class coffee brand. As of May 2025, Starbucks boasts a market capitalization over $94 billion and generated over $36 billion in revenue in Fiscal Year 2024. With over 18,000 restaurants in the United States and over 40,000 locations worldwide, Starbucks continues to demonstrate aggressive growth and financial strength, providing exceptional credit for a passive investment.
The Starbucks property benefits from a highly desirable street frontage pad location along the heavily trafficked S. Alafaya Trail (29,000 vehicles per day), ensuring significant visibility and accessibility. Additionally, the property benefits from its proximity to a high-volume Publix Supermarket situated across the street. The surrounding area possesses strong demographics, including over 177,000 residents and more than 41,000 daytime employees within a 5-mile radius, with an average household income exceeding $92,000. Located in Orlando, Florida, the property is situated in a business and tax-friendly state and an excellent investor market. Orlando is recognized as the second fastest-growing region in the U.S. and the fastest-growing MSA in Florida, providing a strong demographic backdrop for retail success.

Orlando, FL, established in 1875 and incorporated in 1885,
evolved from a quiet agricultural town into a booming city with
the advent of the Florida citrus industry. The city’s transformation
accelerated with the opening of Walt Disney World in 1971, making
Orlando a global tourist destination. Today, it boasts a diverse
population and a robust economy driven by major companies like
Disney, Lockheed Martin, Universal Orlando, Electronic Arts, and
Siemens. Future job growth over the next decade is projected at
51%, significantly outpacing the national average of 33.5%.
Orlando’s high-tech sectors are experiencing robust growth and
diversification. The NeoCity Innovation District is a major hub for
advanced manufacturing, particularly in semiconductor research
and development. Companies like SkyWater Technology and
Synopsys, Inc. are leading the charge, utilizing NeoCity’s 500-acre
campus to foster collaboration between academia and industry.
This district is strategically positioned near the University of
Central Florida (UCF) and Valencia College, supporting a robust
talent pipeline and facilitating significant advancements in optics,
photonics, and semiconductor production.
In the aerospace and defense sector, Orlando is seeing notable
expansions. Lockheed Martin recently completed a substantial
Research & Development facility, enhancing the city’s capabilities
in aviation and simulation technologies. The business services
sector is thriving, with companies such as Oracle and Verizon
contributing to the region’s economic output and workforce
development. Orlando’s clean technology initiatives are also
progressing, with a strong emphasis on sustainability and energy
efficiency. Innovative technologies, including autonomous
vehicles, digital twins, and fintech, are also becoming key
components of Orlando’s diverse high-tech landscape.