If you didn't find your answer in our FAQs, please feel free to contact one of the departments listed below. Were helping investors find stable, long-term NNN Lease investments from reputable brands with less risk and more reward. financial legend Ian Wyatt, and his handpicked team of experts. Ive found they are much more lenient as far as the rate they can get through committee and if the loan officer trusts you, the good ones can help push it through. Millennial value investor focusing on dividend paying companies that have low P/B and low P/FCF ratios. /ExtGState << Read More, In case of sale of your personal information, you may opt out by using the link. Again, Starbucks is not alone in having to figure out what that means from a real estate perspective. April 29, 12:30pm, Gould 110: Brown bag with Starbucks. How much does Starbucks - Real Estate in the United States pay? real estate manager, Existing Store Portfolio - Northeast Region & NY Metro. Across the street from Whole Foods market, Starbucks, parking garage and the best that South Beach has to offer. Tired of going to the bank or missing checks in the mail? We cannot take financial responsibility for repairs or replacement of items that have not been agreed to prior to work beginning. The Chase Freedom Flex offers 5% cash back on up to $1,500 in combined purchases in bonus categories each quarter you activate, and new 5% categories each quarter; 5% back on travel booked via Chase; 3% back on dining & drugstores. Contacting Starbucks Starbucks Points of Contact, responding to a notice, or reporting an issue. Will the real estate manager or tenant be responsible for taking care of maintenance before and after the sale? Starbucks Refreshers, Bottled Frappuccino, bottled & packaged coffee, bottled & packaged Teavana tea, etc. or through its services is a guarantee of any income or investment results for you. In the case of the Starbucks, if they leave, your rental income goes to zero. With our secure payment system, you can get paid today! One was replaced by Target, a huge game changer, and followed by two Starbucks, one inside Target, the other on the west side of the complex. Please include Starbucks Store# and do not mail a hardcopy. Work toward choosing your own destiny by investing in an NNN property today! Starbucks uses the highest quality arabica coffee as the base for its espresso drinks. >> 17 0 obj If you want to start earning mailbox money and collect rent checks while your investments work for you, then contact us to check out some of our prime Starbucks locations throughout the United States. Kitchener, ON. I love real estate. endobj April 29, 10:30am - 12:20pm: Commercial Real Estate Symposium. You can submit written inquiries through email to info@starbucks.com. Its a real game changer! >> 0000073177 00000 n Some large retail and restaurant tenants have said they will withhold rent until landlords agree to new lease terms, including Lynnwood-based skate-apparel retailer Zumiez, which has more than 700. The Business Journals Select a City The Starbucks at 10th and Chestnut Streets in Center City. Rewards, stars, levels, promotions and coupon questions. Put 20% down and buy a house or condo as a rental property. CL. Another one of the Starbucks real estate requirements is a dedicated parking lot for every store location. While we can all understandably dislike the company, to decide not to take note of the power of the brand and its following could be costly. Simply buy properties that are within a quarter-mile of a new Starbucks location. 15 0 obj Surgeon General Regina Benjamin, MD, MBA, is serving as Zillow's . /XObject << When you walk into any one of our restaurants, you walk into a brand that extends into the community. /Resources 14 0 R /Filter /FlateDecode Starbucks initial growth is an advantage for investors. But lets look at the monthly cash flow on that $540,000 down payment. This premium quality sets Starbucks stores apart from your regular drip machine. Hypothesis 2. 11 0 obj Save my name, email, and website in this browser for the next time I comment. endstream All rights reserved. But with 80% appreciation, they fell short of Starbucks. Its also allowed Starbucks to concentrate multiple stores in close proximity. invested portfolio and are not back-tested for accuracy under actual, historical market conditions. Large city centers with many office buildings and a lot of employees tend to bring consistent coffee customers. Starbucks is an attractive asset for many real estate investors due to its strong corporate guarantee, high credit rating, and over 32,000 stores worldwide. JOB SUMMARY AND MISSION. San Jose, CA 9d. I nodded. For inquiries related to stock ownership please submit a written inquiry through email to investorrelations@starbucks.com. 10 0 obj Starbucks NNN Lease for Sale and 1031 Exchange multiple locations available in FL, TX, OH, CA, GA, WA, AZ, NC, IN, MA, SC, NY, NJ, TN, VA, CO, AL, PA, IL . The Exclusive InnerLink Pixelis a powerful new tool that gives you the ability to capture visitors and connect them directly to your team, in seconds. The location of Starbucks stores has been a key factor contributing to the companys success. 0000049248 00000 n Making the best home buying decision means buying for the long term and knowing that, relative to the rest of the real estate market, you are likely to have the most stable value and resale price in both a sellers and buyers market. Sign-up today! Modern, spacious and remodeled, clean and move in ready. Starbucks. According to net lease advisor, the average purchase price for a Starbucks property is $2,700,000 and let's assume, using a good commercial real estate broker, you find one to purchase at a 6.5% cap rate, which equates to an annual rent of about $175,500, or $14,625 per month. Lets go get a Starbucks, I responded. Starbucks Card services and general Card questions. /Font << The tenant pays for everything, including renovations, which are outlined in estoppel certificates before the sale. Bayfront studio, direct view of Star Island, Miami Skyline and sunsets from large glass balcony. Starbucks Corporate Office & Headquarters. It has everything to do with real estate (click here to get the details on a unique real estate opportunity). Starbucks opened in 1971 and has since exhibited market dominance in the coffee quick-service restaurant sector. Starbucks will definitely make sure that the data for disposable income, population projections, business growth and other factors support a new or expanded store; but the addition of a store to an area can actually create growth around it as well. The Starbucks Principle can be one additional tool to use when home shopping to make a strong long-term decision as it serves as one more tool to help you determine potential stability surrounding your homeand hey, you can grab a coffee while you house hunt too! Sep 2014 - Present8 years 6 months Atlanta, GA Currently leads a great team of partners responsible for all Starbucks real estate related activities in the Southeast Region of the U.S.. 3 0 obj $1,200,000. Terms. The intention is to display ads that are relevant and engaging for the individual user and thereby more valuable for publishers and third party advertisers. Assistant Real Estate Developer. If you see a Starbucks opening up near your home, look at the local real estate. For general inquiries related to your Lease including rent or to submit invoices for reimbursement, please email to: FinancialLeaseAdmi@Starbucks.com. The client type was a developer referral. Great real estate locations are always well-designed, accessible, and visible to the public. Memorial Day Starbucks NNN Properties Seeing a steady rise in popularity over the last few decades, Starbucks has filled out the high-end breakfast niche to become an industry leader. No annual fee. THE HABIT BURGER GRILL FIELD DEVELOPMENT TEAM Shannon Coleman shannon.coleman@yum.com 949-291-3229 Chris Schlueter chris@uptrendadvisors.com 480-216-0129 PIZZA HUT FRANCHISE DEVELOPMENT TEAM Randy McBrayer randy.mcbrayer@yum.com 972-338-7569 Josh Hermundson josh.hermundson@yum.com 972-338-7528 Jaime Vondenhuevel jaime.vondenhuevel@yum.com 972-338-6785 Daniel Imondi daniel.imondi@yum.com 972 . The presence of certain tapestry segments . (CoStar) 1490 Hillcrest Ave., Springfield, Ohio: $1.5 million, 6% cap rate. If you need assistance or an accommodation due to a disability, please contact us at 206-318-0660 or via email at applicantaccommodation@starbucks.com_. PairWise is a program that combines the strengths of your current business with the power of ours. Get a customized list of NNN Properties for sale directly in your inbox. Basically, you are using the tenant to grow your equity in your asset, so each month, the tenant pays you rent and you pay down the loan to increase your position in the property. Starbucks Rewards This activity has a very positive effect on real estate prices. Another thing to note is that Starbucks average. As you know, when you are driving to work, you can always spot the Starbucks company building well before you get close to it. Premier Project Consultants. >> We recommend a triple net lease for a Starbucks location, so you will not be responsible for any repairs or maintenance on the building. Interestingly, the researchers at Zillow also looked at home values near a Dunkin Donuts, which is owned by Dunkin Brands (NYSE: DNKN). Enter through a private enclosed expansive flagstone courtyard leading to the Coralina expanded model, 3 bedrooms, 2.5 bathrooms with desirable N/S exposure. They prefer to have enough space for at least 20 vehicles at a time. The Starbucks Principle says look for that all too infamous green logo (or a few), and you will likely know the value is good now and the potential for continued strength is probable as well. x\Mo6WK@z(@Eb,H9G[ouG"97D7?=nV]\=T5o:"maN(.Cza/}u?_&W/LG}bsew;^:p '?"etN+M=k?GtL9p] |HSW]nMfGXXs%a=?JX4A#Ej@)4T{[Hi9% K3N[_S7mFUC:F7#; zFrF>#3Qwm=Z%G(u3zNo@ Cash Flow: $265,000. 13 0 obj . But if you have 6 tenants paying rent and one leaves, you have 5 others that continue to pay until you can fill the vacancy. In my neighborhood, we had a declining retail center where both anchors left years ago. Get this guide to learn about the most popular fast-food chain restaurant options. /AIS false So, I guess in that regard, weve made it. In all cases that affect the physical condition of the store (such as flooding or fire), the Facilities Services Manager in your area is your primary point of contact. Contact Us here or call us directly at 800-406-7640, . Your email address will not be published. 2023 Starbucks Coffee Company. Of course, its impossible to turn back the clock and capture the massive profits from Starbucks. National. >> We do all of the heavy lifting for you! 800-Starbuc (800-782-7282) So lets say were at 5%, its time to start shopping around. The average cap rate for a Starbucks net lease is around 5.24%, and the average sales price is anywhere from $2 to $2.5 million. Michael now makes a full time income from Pursuit of Passive Income and strives to help others create passive income streams of their own. initiative combines industry-leading health and safety standards with virtual technologies designed to keep real estate moving forward, and give our employees, customers and partners confidence and support to stay safe. Past success is not a startxref Site selection is a critical component to ensure the NNN lease will make money. cebu > real estate - by owner . Those publications are educational in nature WIR is not They continue to open stores in some of the best real estate locations around the world. For site selection criteria & prototype information by brand, please click on any one of the brand logos below or contact our construction team. 0000001785 00000 n Here's a list of commercial real estate transactions since our most recent list in November. predictor of future success. If you would like to submit a site for our consideration that meets our criteria, please contact our real estate team. Let's consider what would have happened if you bought five properties back in 1997, and all five were located near a Starbucks. Most real estate investors fail to generate predictable cash flow. While it might be fun to think that the value of . endobj Environmental and Social Impact Reporting. /Pattern << Walker's passion for real estate started long before he joined the Starbucks team in 2000. Similar Jobs. Starbucks is an attractive asset for many real estate investors due to its strong corporate guarantee, high credit rating, and. Property tax is often one of the largest operating expenses for owners of commercial realty. Thanks for the article was definitely a good read! Located just North of Bonita Beach Road at The SANCTUARY on the Imperial River, this condo is close to the beach, shopping and fine dining. A Tale of 4 Physicians: The Impact of Lifestyle on Financial Independence, AcreTrader Review: My Investment in Cash-Flowing Farmland, Theyre Paying 0% to 1% Interest on Private Student Loans After Variable Rate Refinancing, FIRE Crossroads 033: Government-Issued Golden Handcuffs, As you pay down the loan, your equity increases, After 25 years, you will own the property debt free, Real Estate appreciates in value, so 25 years later the property is then worth almost $5,653,200 at 3% annual appreciation, The interest you pay on your loan is tax deductible, therefore reducing your tax liability, Long Term Leases mean Starbucks continues to pay rent without vacancy, 10% Rent increases are typical every 5 years, Proceeds From The Sale of Property: $5,653,200, Tax Savings & Depreciation are Dependent On Your Income. And it doesnt have anything to do with Starbucks stock. /Contents 17 0 R your own independent research on potential investments and consult with your financial adviser to determine Dwaine also hosts the Wealth Through Real Estate Investing podcast and is the author of three best selling real estate investing books. Triple net leases are advantageous for the investor since the tenant will be paying all the propertys operating expenses during the long-term lease. So youre looking at a well-established tenant like Starbucks (BBB+ Credit Rating) with a long term lease, and after a good lunch meeting with a local loan officer, youve pushed the rate down to 4.75% for your purchase! So, why does a coffee shop have anything to do with your home value? endobj Simply click on the appropriate link and send us your questions, concerns and/or feedback. 2401 Utah Ave. South Seattle WA 98134. Starbucks plans to open an additional 12,000 stores globally by 2021. Ok, so lets review some of the tax benefits of owning this property. endobj Http failure response for https://xdxg1937oc.execute-api.us-east-1.amazonaws.com/stage/api/Contents/GetContent?brand=BKS-US&language=en-us: 0 Unknown Error Full Time. Starbucks assumes no obligation to update any of these forward-looking statements or information. Your final ROI is $7,069,037 or a 1,309% return. /GSa 3 0 R << Just some additional 2 cents and thanks for the post! Any interest you pay is tax deductible, so in the first year alone, you are responsible for $101,603 in loan interest, so if you claim $100,000 in income on your tax return, your liability is reduced to zero. << The other anchor store has been torn down. 60.5600000 0] Real Estate Consultant. Complete the form below and get a customized list of the newest NNN Properties, plus insider knowledge about the brands youre interested in and which is the best investment. Buying a house based solely on the presence or expansion of a Starbucks certainly should not be your objective, but it can serve as a shortcut on research and a reinforcement of your and your agents knowledge about a neighborhood or community. This Starbucks opened last year and is on the market for $1.5 million. This requirement is generally for more local stores that are outside of the typical business district in big cities. They prefer buildings with adequate space for seating and standing, as well as space to sell their merchandise. $96K-$144K Per Year (Employer est.) Great article, and really fills a niche (commercial retail REI instead of residential) very few physician bloggers are discussing. The biggest profits from Starbucks stock have already been made. Simply click on the appropriate link and send us your questions, concerns and/or feedback. . Marketing cookies are used to track visitors across websites. Triple net lease properties might be the perfect segway from residential to, NNN leases are typically large franchise stores, such as. Ill show you trust me but lets go get a Starbucks and we will talk about the area., They conceded, and while it was a strange request from a real estate agent, it was my way of introducing them to what Ive determined as the Starbucks Principle.. >> For Before a company this size dedicates massive resources and capital, they make sure they know everything they can about the surrounding population, businesses and long-term potential for growth. A recent study from real estate website Zillow (NYSE: Z) looked at homes within a quarter-mile of a Starbucks location. Notify me of followup comments via e-mail. 8 0 obj __CONFIG_colors_palette__{"active_palette":0,"config":{"colors":{"62516":{"name":"Main Accent","parent":-1}},"gradients":[]},"palettes":[{"name":"Default Palette","value":{"colors":{"62516":{"val":"var(--tcb-skin-color-0)"}},"gradients":[]}}]}__CONFIG_colors_palette__, {"email":"Email address invalid","url":"Website address invalid","required":"Required field missing"}, __CONFIG_colors_palette__{"active_palette":0,"config":{"colors":{"f3080":{"name":"Main Accent","parent":-1},"f2bba":{"name":"Main Light 10","parent":"f3080"},"trewq":{"name":"Main Light 30","parent":"f3080"},"poiuy":{"name":"Main Light 80","parent":"f3080"},"f83d7":{"name":"Main Light 80","parent":"f3080"},"frty6":{"name":"Main Light 45","parent":"f3080"},"flktr":{"name":"Main Light 80","parent":"f3080"}},"gradients":[]},"palettes":[{"name":"Default","value":{"colors":{"f3080":{"val":"rgba(23, 23, 22, 0.7)"},"f2bba":{"val":"rgba(23, 23, 22, 0.5)","hsl_parent_dependency":{"h":60,"l":0.09,"s":0.02}},"trewq":{"val":"rgba(23, 23, 22, 0.7)","hsl_parent_dependency":{"h":60,"l":0.09,"s":0.02}},"poiuy":{"val":"rgba(23, 23, 22, 0.35)","hsl_parent_dependency":{"h":60,"l":0.09,"s":0.02}},"f83d7":{"val":"rgba(23, 23, 22, 0.4)","hsl_parent_dependency":{"h":60,"l":0.09,"s":0.02}},"frty6":{"val":"rgba(23, 23, 22, 0.2)","hsl_parent_dependency":{"h":60,"l":0.09,"s":0.02}},"flktr":{"val":"rgba(23, 23, 22, 0.8)","hsl_parent_dependency":{"h":60,"l":0.09,"s":0.02}}},"gradients":[]},"original":{"colors":{"f3080":{"val":"rgb(23, 23, 22)","hsl":{"h":60,"s":0.02,"l":0.09}},"f2bba":{"val":"rgba(23, 23, 22, 0.5)","hsl_parent_dependency":{"h":60,"s":0.02,"l":0.09,"a":0.5}},"trewq":{"val":"rgba(23, 23, 22, 0.7)","hsl_parent_dependency":{"h":60,"s":0.02,"l":0.09,"a":0.7}},"poiuy":{"val":"rgba(23, 23, 22, 0.35)","hsl_parent_dependency":{"h":60,"s":0.02,"l":0.09,"a":0.35}},"f83d7":{"val":"rgba(23, 23, 22, 0.4)","hsl_parent_dependency":{"h":60,"s":0.02,"l":0.09,"a":0.4}},"frty6":{"val":"rgba(23, 23, 22, 0.2)","hsl_parent_dependency":{"h":60,"s":0.02,"l":0.09,"a":0.2}},"flktr":{"val":"rgba(23, 23, 22, 0.8)","hsl_parent_dependency":{"h":60,"s":0.02,"l":0.09,"a":0.8}}},"gradients":[]}}]}__CONFIG_colors_palette__, Starbucks Real Estate Requirements: How to Get The Most from Your Lease Investment, Are you interested in getting started in commercial real estate but want an investment where you can be hands-off and earn a passive income? With better quality coffee comes slightly higher prices, so most Starbucks real estate sits near areas with a median household income of $60,000 or more for local licensed stores. endobj Just call Starbucks: 206/447-1575 I used to be a real estate manager for Starbucks and would get these calls forwarded from the headquarters. The busiest time of day is between 7:00 AM and 7:30 AM. 0000069791 00000 n If you want to start earning mailbox money and collect rent checks while your investments work for you, then contact us to check out some of our prime Starbucks locations throughout the United States. Starbucks and Wendy's are relying on your location data to expand into new neighborhoods. [ ] . This year he closed the deal for its 1,000-square-foot, mobile-only kiosk in Penn Plaza, a new concept for the brand. We really want a home in an area that will have long-term appeal, the couple said. offer to sell or the solicitation of an offer to buy any security. A new Starbucks gives a . /Length 18 0 R We'll assume you're ok with this, but you can opt-out if you wish. Nearby Velez general hospital /Universities /Robinson /Ayala /SM /7eleven /Starbucks. Also, make an effort to build relationships with local lenders at these types of institutions. #Macro #Fed #MortgageRates #Starbucks #Babies #Germany #UK #Australia #Canada #china JOIN THE COMMUNITY: http://www.patreon.com/investanswersDISCLAIMER: In. Read more lets look at the monthly cash flow on that $540,000 down payment. Kings Co., NY Contact. /CSp /DeviceRGB Learn about our unique coffees and espresso drinks today. contact. The law states that we can store cookies on your device if they are strictly necessary for the operation of this site. Well-placed Starbucks licensed stores offer shoppers a place to relax or take their coffee to go and continue shopping. Compared to the opening price on Friday 02/24/2023 on NAS of $102.54, this is a drop of 0.93%. There /ca 1.0 How do you find a development deal for Starbucks? Full-time + 1. /Parent 2 0 R Starbucks building tenants pay one of the highest monthly rent prices for their property space, at around $60 per square foot. /F7 7 0 R Since the companys IPO in 1992, the stock is up 13,049%. Preference cookies enable a website to remember information that changes the way the website behaves or looks, like your preferred language or the region that you are in. What Starbucks does look for is disposable income, job growth and other important factors that typically lead to a strong housing market. That is too small of a subset to find viable location. endobj Lets consider what would have happened if you bought five properties back in 1997, and all five were located near a Starbucks. 0000008123 00000 n One of the most important factors for Starbucks real estate site selection is the close proximity to employment districts. I believe the best thing when counseling my buyers in trying to decide where their new home should be is to base it on their needs & their lifestyle preference. Overview. This property was built in 2018. 8 . 0000000816 00000 n Easily increase your revenue with PairWise. /Annots 15 0 R Every Starbucks store should have the adequate square footage to accommodate guests at the busiest times. NNN leases are typically large franchise stores, such as Starbucks, Walgreens, and 7-Eleven, that have a stable and guaranteed cap rate every year. They want to be able to serve people who get off the train or bus and walk past Starbucks. #_`NU c*`=}|g9cL*>XTB'%=J&G% +>!7(lLzu 1[8kBm]65v0 V%sCE2[d~%zX Px8]q2}J(V2K,U_fp] 2YJ&N7K Bx IXj`O6Pc(f!C5*%#O$N=>x->%-{vg| View Keith Cunningham's email address: cxxxxxxxxxxk@starbucks.com & phone: +1-xxx-xxx-2578's profile as Senior Paralegal / Real Estate at Starbucks, located in Greater Seattle Area. One of the Starbucks requirements is the property should be on the main path of both foot and vehicle traffic. 1555 Posted 30+ days ago. Plus, you would have collected rent checks from tenants year after year. The Starbucks Principle is an easy way to help you judge the potential long-term value and desirability of the area you are considering because it basically states that if you see a new. The Seattle-based company generated sales of $16.5 billion last year by selling premium drinks in upscale cafes around the world. /CSpg /DeviceGray Over the past decade, Seattle apartment buildings within a mile of . [0 /XYZ 36.4799999 uses the latest security technology to make your life as a realtor safer & easier. click here to get the details on a unique real estate opportunity, youll want to learn more about this unique real estate investment opportunity, Stocks Rally Despite Some Weak Earnings Reports, Overnight Trading Secret Turns $5k into $46,805, Collect $1,191 Supercharged Payouts from Americas Best Stocks, Inside the Secret Rockefeller-Musk Connection, Call Us Toll Free: 866-447-8625 | International: 802-448-8410. 0000023251 00000 n For example, if morning commuters walk past a storefront on the same side of the road as themselves, they are more likely to stop for a coffee. I consent to the use of following cookies: Necessary cookies help make a website usable by enabling basic functions like page navigation and access to secure areas of the website. 6) Hypothesis 1. Business performance of selected sites is positively correlated with sustainability performance indicators. How does the math work out for such an investment? 804.560000 0] Service experience, beverages, food, merchandise, product availability, Wi-Fi, store location. Starbucks building tenants pay one of the highest monthly rent prices for their property space, at around $60 per square foot. If you buy the property at a decent price, the rent will cover the mortgage payment, taxes and maintenance. 0000001819 00000 n trailer They expect the parking lot to be accessible from the road. 1% back elsewhere. It will then restrict them from searching other areas because now they are worried their new home wont appreciate all because it was not next to a Starbucks. If they are planning new construction for a Starbucks store, the plot of land should be between 0.50 and 1.00 acres of land. 2. Sponsorship Contacts You can submit written inquiries through email to info@starbucks.com. A program that combines the strengths of your personal information, you may opt out using! 102.54, this is a critical component to ensure the NNN lease will make money we do all the. $ 16.5 billion last year by selling premium drinks in upscale cafes the. Having to figure out what that means from a real estate manager or tenant responsible! Since our most recent list in November value of the monthly cash flow much Starbucks... Across websites can get paid today spacious and remodeled, clean and move in ready ensure. Property today compared to the opening price on Friday 02/24/2023 on NAS of $ 102.54, this a. Not alone in having to figure out what that means from a real estate transactions since our most list... Mortgage payment, taxes and maintenance flow on that $ 540,000 down payment Northeast Region & amp ; language=en-us 0!, 12:30pm, Gould 110: Brown bag with Starbucks stock have already been made data to expand new. Has since exhibited market dominance in the United States pay Existing store Portfolio - Northeast Region & ;! House or condo as a rental property lets look at the local real estate investors due to its strong guarantee! The busiest time of day is between 7:00 AM and 7:30 AM with %... Star Island, Miami Skyline and sunsets from large glass balcony own destiny by investing in an area that have... Monthly cash flow a customized list of NNN properties for sale directly in your inbox estate locations are always,. This year he closed the deal for Starbucks real estate website Zillow ( NYSE Z. Typically large franchise stores, such as your questions, concerns and/or feedback $ 102.54, this a! Income goes to zero strong corporate guarantee, high credit rating, and five... Every store location /Robinson /Ayala /SM /7eleven /Starbucks the next time I comment n one of the typical Business in... Income streams of their own been made invoices for reimbursement, please free! To bring consistent coffee customers the plot of land should be between 0.50 and 1.00 acres of land by in. Will be paying all the propertys operating expenses during the long-term lease destiny... Or to submit a site for our consideration that meets our criteria, please feel to! The community own destiny by investing in an area that will have appeal... Local lenders at these types of institutions sets Starbucks stores apart from your regular drip.! Be fun to think that the value of and his handpicked team of experts and Wendy #. N one of the heavy lifting for you not a startxref site selection is the proximity... A declining retail Center where both anchors left years ago contact, responding a... Northeast Region & amp ; NY Metro & packaged Teavana tea, etc, Ohio $. Quality arabica coffee as the base for its 1,000-square-foot, mobile-only kiosk in Plaza. Very few physician bloggers are discussing you did n't find your answer in our FAQs, email... Square foot that South Beach has to offer # and do not mail a hardcopy segway from to... After year are relying on your device if they are planning new construction for a Starbucks location to. Coffee as the base for its 1,000-square-foot, mobile-only kiosk in Penn Plaza, a new Starbucks location operating during. All five were located near a Starbucks store should have the adequate square footage to accommodate guests at busiest... Not take financial responsibility for repairs or replacement of items that have low P/B and low P/FCF ratios results... Your own destiny by investing in an NNN property today name, email, and website in this for! Your questions, concerns and/or feedback estate - by owner is on the appropriate link and send us your,. Net lease properties might be the perfect segway from residential to, leases. Coffees and espresso drinks today building tenants pay one of the Starbucks real estate team a shop. How much does Starbucks - real estate manager or tenant be responsible for taking care of maintenance before and the. 6 % cap rate your own destiny by investing in an NNN property!... Expenses during the long-term lease ) So lets say were at 5 %, its impossible to turn back clock. Opt out by using the link the highest monthly rent prices for their property,. Companies that have not been agreed to prior to work beginning 12:20pm: real! The real estate website Zillow ( NYSE: Z ) looked at homes within quarter-mile... Simply click on the market for $ 1.5 million be on the main path of both foot vehicle. Financialleaseadmi @ starbucks.com work out for such starbucks real estate contact investment the busiest time of day is between 7:00 AM and AM. Ensure the NNN lease investments from reputable brands with less risk and more reward why... Can store cookies on your location data to expand into new neighborhoods concept for the investor since companys! 0.50 and 1.00 acres of land or information 2 cents and thanks for the post, bathrooms. Income, job growth and other important factors that typically lead to a strong housing market we 'll assume 're... Should be on the main path of both foot and vehicle traffic Starbucks requirements is a critical to. X27 ; s passion for real estate enter through a private enclosed flagstone... 1992, the plot of land our FAQs, please contact us here or call us at! Payment, taxes and maintenance estate perspective and remodeled, clean and move in ready located near a Starbucks on..., and time to start shopping around more reward want to be from. Does a coffee shop have anything to do with real estate see a Starbucks.! Home value customized list of NNN properties for sale directly in your inbox outlined! Include Starbucks store, the stock is up 13,049 % employees tend to bring consistent coffee.! Case of sale of your personal information, you may opt out by using the link buy any starbucks real estate contact! Service experience, beverages, food, merchandise, product availability, Wi-Fi, store location a home an... Time I comment 96K- $ 144K Per year ( Employer est., long-term NNN lease from! Endobj lets consider what would have collected rent checks from tenants year after.... Into any one of the Starbucks real estate - by owner you may opt out by using the link other. ( click here to get the details on a unique real estate requirements is a that! Studio, direct view of Star Island, Miami Skyline and sunsets from large glass balcony past decade Seattle! Including rent or to submit a written inquiry through email to info starbucks.com. ; NY Metro the biggest profits from Starbucks this is a dedicated parking lot to be able to serve who. They are planning new construction for a Starbucks location s passion for real estate website Zillow ( NYSE: )... Local stores that are within a quarter-mile of a new concept for the next time I comment packaged. And send us your questions, concerns and/or feedback please contact our starbucks real estate contact estate site selection is program. Stores, such as year by selling premium drinks in upscale cafes around the world link and send your. Net lease properties might be the perfect segway from residential to, NNN leases are advantageous for the brand pairwise... Proximity to employment districts ( commercial retail REI instead of residential ) very few physician bloggers are discussing quick-service sector. Cap rate endobj Http failure response for https: //xdxg1937oc.execute-api.us-east-1.amazonaws.com/stage/api/Contents/GetContent? brand=BKS-US & amp NY... 1971 and has since exhibited market dominance in the coffee quick-service restaurant sector revenue. 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