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Orchard Mesa Starbucks 2779 Acrin Ave 2,200 SF Retail Building Grand Junction, CO 81503 $4,485,623 CAD ($2,038.92 CAD/SF) 5.25% Cap Rate
Investment Highlights
- Single-tenant drive thru 100% master leased to Starbucks with 10-year term and corporate guarantee.
- Offered at a 5% cap rate with an average cap rate of 5.5% over the primary term
- Brand new construction built in 2024
- Well-established and reliable tenant with investment grade credit
- High visibility, nicely landscaped, drive through access, paved parking
- 2,200 sf building on 1.14 acres
Executive Summary
Property Facts
Amenities
- Freeway Visibility
- Signage
- Drive Thru
- Wheelchair Accessible
- Air Conditioning
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Accommodation and Food Services
- -
-
$9.99
-
Lorem Ipsum
- -
Starbucks began in 1971 in Seattle's Pike Place Market as a roaster and retailer of whole bean and ground coffee, tea, and spices. The company became a coffeehouse in 1987 and has since expanded into a global business centered on coffee drinks, food, cups, and merchandise. Starbucks now connects with millions of customers every day through a broad retail network and also brings some of its branded coffee products and creamers into grocery channels. The company's business is built around coffee craftsmanship, food and beverage service, and neighborhood-focused store experiences.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Accommodation and Food Services | - | $9.99 | Lorem Ipsum | - |
Nearby Major Retailers
Property Taxes
| Parcel Number | 2945-254-40-011 | Improvements Assessment | $366,413 CAD |
| Land Assessment | $88,740 CAD | Total Assessment | $455,153 CAD |
Property Taxes
Presented by
Cache Development
Orchard Mesa Starbucks | 2779 Acrin Ave
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