Log In/Sign Up
Your email has been sent.
Starbucks | Rare Absolute NNN Ground Lease 1760 Briargate Blvd 380 SF Retail Building Colorado Springs, CO 80920 $1,690,949 CAD ($4,449.87 CAD/SF) 5.50% Cap Rate
Investment Highlights
- Starbucks – Rare Absolute NNN Ground Lease – Corporate Guaranteed – Starbucks Corporation – (S&P Rated: “BBB+”) Investment Grade Credit
- Unique Low Price-Point Starbucks – Currently Operates 38,000+ Stores Worldwide – 400,000+ Employees
- 2nd Largest City in Colorado – Major Employers include US Air Force, Lockheed Martin, UCHealth, Amazon, FedEx, Northrop Gumman
- Excellent Credit Profile – Publicly Traded (NASDAQ: SBUX) – Over $110 Billion Market Cap – 9% Rental Escalation in 2029 – 10% Rental Increases Every
- Located on Briargate Blvd next to N Academy Blvd Intersection (State Highway 83) – 44,256 VPD – Outparcel to Chapel Hills Mall
- Nearby Top-Tier Retailers: Whole Foods, Trader Joe’s, Lowe’s, REI, and In-N-Out Burger – Next to Interstate-25 (133,000 VPD) – Premium Brand
Executive Summary
Exclusively Listed in association with Vince Viverito | License No. IR. 100086247
We are pleased to present a rare opportunity for qualified investors to acquire a rare, absolute NNN drive-thru Starbucks (NASDAQ: SBUX) in Colorado Springs, Colorado, with a long-term lease with and significant increases every 5 years as a hedge against inflation.
Strategically located in the highly affluent Briargate retail corridor as an outparcel to Chapel Hills Mall, this Starbucks benefits from strong co-tenancy, dense daily traffic, and exceptional visibility. The property is adjacent to I-25 (133,000 vehicles per day) and surrounded by top-tier national retailers including Whole Foods, Trader Joe’s, Lowe’s, REI, and In-N-Out Burger, in an area known for consistently appreciating real estate.
Colorado Springs—the second-largest city in Colorado—is experiencing rapid economic and population growth. With over 484,000 residents, the city is a major hub for military, aerospace, healthcare, and tech industries, boasting an educated workforce and a diversified employment base. The presence of major employers like Fort Carson, Amazon, UCHealth, and Lockheed Martin contributes to the city’s stable, recession-resistant economy.
This investment combines brand security (S&P rated “BBB+” Investment Grade), location strength, and income growth, making it a premier net lease opportunity in one of the most dynamic markets in the Western U.S.
We are pleased to present a rare opportunity for qualified investors to acquire a rare, absolute NNN drive-thru Starbucks (NASDAQ: SBUX) in Colorado Springs, Colorado, with a long-term lease with and significant increases every 5 years as a hedge against inflation.
Strategically located in the highly affluent Briargate retail corridor as an outparcel to Chapel Hills Mall, this Starbucks benefits from strong co-tenancy, dense daily traffic, and exceptional visibility. The property is adjacent to I-25 (133,000 vehicles per day) and surrounded by top-tier national retailers including Whole Foods, Trader Joe’s, Lowe’s, REI, and In-N-Out Burger, in an area known for consistently appreciating real estate.
Colorado Springs—the second-largest city in Colorado—is experiencing rapid economic and population growth. With over 484,000 residents, the city is a major hub for military, aerospace, healthcare, and tech industries, boasting an educated workforce and a diversified employment base. The presence of major employers like Fort Carson, Amazon, UCHealth, and Lockheed Martin contributes to the city’s stable, recession-resistant economy.
This investment combines brand security (S&P rated “BBB+” Investment Grade), location strength, and income growth, making it a premier net lease opportunity in one of the most dynamic markets in the Western U.S.
Property Facts
Sale Type
Investment NNN
Sale Conditions
Property Type
Retail
Property Subtype
Building Size
380 SF
Building Class
B
Year Built
2013
Price
$1,690,949 CAD
Price Per SF
$4,449.87 CAD
Cap Rate
5.50%
NOI
$93,002 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.03
Lot Size
0.27 AC
Zoning
MX-M
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Accommodation and Food Services
- 380 SF
- $244.75 CAD
- Triple Net
- Jun 2034
Starbucks began in 1971 as a coffee business in Seattle, where the company first sold coffee beans and related equipment before evolving into a broader coffeehouse brand. The business now focuses on responsibly sourced arabica coffee, company-operated and licensed coffeehouses, and a growing consumer-packaged goods presence. Starbucks has built a wide market presence around specialty coffee, with offerings that span brewed drinks, espresso-based beverages, food, and retail products distributed through its store network and packaged-goods channels.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Accommodation and Food Services | 380 SF | $244.75 CAD | Triple Net | Jun 2034 |
Moderately walkable
60/100
Exceptionally drivable
100/100
Limited public transit
20/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 63054-01-017 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $133,356 CAD |
Property Taxes
Parcel Number
63054-01-017
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$133,356 CAD
1 of 9
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
Starbucks | Rare Absolute NNN Ground Lease | 1760 Briargate Blvd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.