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Investment Highlights

  • Long-term corporate lease with Starbucks Corporation, an investment-grade tenant recognized worldwide for stable performance and strong creditworthin
  • Freestanding, drive-thru café format, the highest-performing and most sought-after prototype in Starbucks’ portfolio due to strong sales volumes
  • Over five years of firm term remaining, offering secure cash flow through 2031 with no near-term rollover risk
  • NNN lease with Starbucks handling all operating expenses; Landlord limited to roof, structure and long-term site capital items
  • Six five-year renewal options providing up to 30 additional years of potential tenancy, supporting long-term investment stability and value retention

Executive Summary

Introducing a prime investment opportunity in the sought-after Westgate area of Kissimmee, FL. This free-standing retail building, constructed in 2021, offers 2,513 SF of versatile space, currently boasting 100% occupancy. The modern design and strategic location make it an ideal choice for retail investors seeking a lucrative addition to their portfolio. With a strong tenant presence and ample foot traffic, this property presents a compelling opportunity for those looking to capitalize on the thriving local market. Don't miss your chance to own a piece of this vibrant commercial landscape and unlock the potential for significant returns.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,513 SF
Building Class
B
Year Built
2021
Price
$4,804,800 CAD
Price Per SF
$1,911.98 CAD
Cap Rate
5.14%
NOI
$247,104 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
1.14 AC
Zoning
A - Commercial

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • Accommodation and Food Services
  • -
  • -
  • -

En réunissant les gens autour d'un café, Starbucks est devenue l'une des entreprises les plus connues et les plus appréciées au monde. Ils achètent, rôtissent et servent du café primé. Ils offrent également des boissons espresso de style italien, des boissons froides mélangées, des aliments délicieux, des thés haut de gamme et des disques compacts sélectionnés dans leurs magasins de détail. Travailler chez Starbucks, c'est un peu comme travailler avec leurs amis. Lorsqu'une personne travaille ici, elle n'est pas un « employé » — elle s'appelle « partenaires » parce qu'elle croit aux objectifs communs communs et à la réussite mutuelle. Ils se consacrent à servir du café d'origine éthique, à prendre soin de l'environnement et à redonner aux collectivités où ils font des affaires.

Tenant Industry SF Occupied Rent/SF Lease End
Accommodation and Food Services - - -
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100

Nearby Major Retailers

Ponderosa Steakhouse
IHOP
Perkins
Bob Evans
Nature’s Table Café
Denny's
Kobe Ichiban
Red Lobster
Giordano's
Buffalo Wild Wings

Property Taxes

Property Taxes

Parcel Number
11-25-27-3399-0001-0010
Land Assessment
$1,401,354 CAD
Improvements Assessment
$2,532,679 CAD
Total Assessment
$3,934,033 CAD
  • Listing ID: 39629199

  • Date on Market: 2026-03-02

  • Last Updated:

  • Address: 2875 N Old Lake Wilson Rd, Kissimmee, FL 34747

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