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2693 US Highway 441 S
Okeechobee, FL 34974
Starbucks (Brand New 2026 NN Drive Thru) · Retail Property For Sale

Investment Highlights

  • ?2,500 SF drive-thru restaurant/QSR
  • Across the street from Home Depot and Wal-Mart
  • ?Median Cut direct access on US 441
  • ?Excellent visibility and frontage on US Highway 441
  • ?Adjacent to Chipotle

Executive Summary

LOCATION:
?Prime US-441 Location: This property has direct ingress/egress access along US Hwy 441; median cut ensuring maximum exposure to heavy daily traffic
?Retail Synergy: Positioned directly within Okeechobee's main commercial hub and surrounded by corporate retail giants including Walmart Supercenter, Home Depot, Publix, Chipotle, Dunkin Donuts, and Aspen Dental
OPPORTUNITY:
?New Construction- 2,500 SF newly constructed STARBUCKS offering an ideal investment from an industry-leading, global brand
?High-Volume Digital & Drive-Thru Layout: Optimized explicitly for Starbucks' newest high-volume prototype, featuring expanded vehicle stacking and streamlined staging to maximize mobile order and drive-thru capacity
?Proprietary "Siren System" Infrastructure: Equipped with Starbucks' latest internal counter architecture, reducing beverage production times by roughly 30% to significantly accelerate peak-hour transaction volume
?Dominant QSR Synergy with Adjacent Chipotle: Positions Starbucks next to a next-generation Chipotle prototype on the split parcel, creating a premier AM-to-PM daily-needs retail hub with continuous traffic
CORPORATE GUARANTY:
?Starbucks (NASDAQ: SBUX)) -market cap is approximately $118.84 billion
?41,100+ locations across nearly 90 countries—including major markets in the United States, China, Japan, South Korea, Canada, and the United Kingdom
?Strong brand recognition and consistent sales growth
STRONG LEASE FUNDAMENTALS:
?15-year NN lease with zero landlord responsibilities
?Six (6) five-year renewal options
?Long-term passive income backed by an investment grade tenant

Property Facts

Sale Type
Investment
Sale Condition
Business Value Included
Property Type
Retail
Building Size
2,500 SF
Year Built
2026
Price
$5,762,132 CAD
Price Per SF
$2,304.85 CAD
Cap Rate
5.50%
NOI
$316,910 CAD
Tenancy
Single
Building Height
1 Story
Frontage
160’ on US Hwy 441

About 2693 US HIGHWAY 441 S , OKEECHOBEE, FL 34974

Index Companies is exclusively marketing the sale of a Starbucks in Okeechobee, FL.? The Asset is well positioned in a high retail corridor, benefiting from strong synergy with surrounding national anchors like Walmart, Home Depot, and Publix.? This brand-new 2026 construction features a long-term 15-year lease backed by a strong Starbucks corporate guarantee and regular rental increases.? The digital-forward prototype is engineered for maximum drive-thru volume and features Starbucks’ proprietary "Siren System" infrastructure, which reduces beverage production times by 30%.? Located on a newly split parcel along US Hwy 441, the asset benefits from dominant AM-to-PM traffic synergy directly adjacent to a brand-new Chipotle prototype.?

Property Taxes

Property Taxes

Parcel Number
1-28-37-35-0030-00070-0040
Land Assessment
$530,142 CAD
Improvements Assessment
$323,224 CAD
Total Assessment
$853,366 CAD
  • Listing ID: 41411831

  • Date on Market: 2026-07-23

  • Last Updated:

  • Address: 2693 US Highway 441 S, Okeechobee, FL 34974

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