Pompano Beach, FL - Starbucks & K9 Resorts
$7,995,000
3888 & 3895 North Federal Highway, Pompano Beach, FL 33064
5.23
Cap Rate
418,353
NOI
Details:
Description:
• Brand new NN 10-year lease with 4 (5-year) options to extend
• The lease features 10% rent increases very 5 years 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 coffee roaster and retailer of specialty coffee in the world
• Located at the signalized, hard corner intersection of N Federal Highway and NE 19th Ct averaging combined 59,900 VPD
• N Federal Highway / U.S. 1 is a major north–south United States highway
• Adjacent to Venetian Isle Shopping Center, anchored by Publix, which ranks in the 78th percentile (2,501 out of 11,387) of all nationwide neighborhood centers via Placer.ai
• The surrounding retailers include Staples, Michaels, Bealls, Walgreens, and more
Location

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