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Starbucks - Hartwell GA 20 E Franklin St 2,500 SF 100% Leased Retail Building Hartwell, GA 30643 $2,526,333 CAD ($1,010.53 CAD/SF) 6% Cap Rate
Investment Highlights
- Corporate-guaranteed lease with Starbucks Corporation (NASDAQ: SBUX), one of most recognized investment-grade retail credits in the net-lease market.
- Freestanding, purpose-built drive-thru location at signalized corner of Franklin Street & College Avenue in downtown Hartwell the seat of Hart County
- 2021 construction on a ±0.779-acre B-2 zoned parcel, positioned on primary retail corridor serving Hartwell and Lake Hartwell recreational traffic
- Ten (10) year initial term with four (4), five (5) year renewal options and 10% scheduled rent increases in every option period.
- Passive, management-free NNN structure with tenant responsible for its pro-rata share of taxes, insurance, and common area expenses.
Executive Summary
Starbucks Corporation (NASDAQ: SBUX) is the world's largest coffeehouse chain, founded in 1971 and headquartered in Seattle, Washington. The company operates and licenses tens of thousands of stores across the United States and dozens of international markets, offering coffee, tea, and food through company-operated, drive-thru, and licensed store formats.
Starbucks is publicly traded and widely held by institutional investors, and carries an investment-grade senior unsecured credit rating. Its corporate-guaranteed leases are among the most creditworthy in the quick-service and coffeehouse net-lease sector.
The Hartwell store operates under a corporate lease guaranteed directly by Starbucks Corporation — no franchisee or licensee entity stands between the investor and the parent credit.
Starbucks is publicly traded and widely held by institutional investors, and carries an investment-grade senior unsecured credit rating. Its corporate-guaranteed leases are among the most creditworthy in the quick-service and coffeehouse net-lease sector.
The Hartwell store operates under a corporate lease guaranteed directly by Starbucks Corporation — no franchisee or licensee entity stands between the investor and the parent credit.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Building Size
2,500 SF
Year Built
2021
Price
$2,526,333 CAD
Price Per SF
$1,010.53 CAD
Cap Rate
6%
NOI
$151,580 CAD
Percent Leased
100%
Building Height
1 Story
Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Nearby Major Retailers
1 of 4
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Starbucks - Hartwell GA | 20 E Franklin St
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