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Starbucks | 15-YR NNN Lease 29925 FL-19 2,500 SF Retail Building Tavares, FL 32778 $6,107,099 CAD ($2,442.84 CAD/SF) 5.25% Cap Rate

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Investment Highlights

  • Rare opportunity to own a hyper secure, newly constructed 15-YR Starbucks in Central Florida
  • Prime location in front of high volume Publix and proximity to best in class traffic geneartors
  • Fixed 10% increases every 5 years provide a hedge against inflation and consistent rent growth
  • Lake County's population has surged by more than 17% since 2020 making it one of the fastest growing counties in Florida
  • Brand new construction with drive-thru and 20-year transferable roof warranty
  • Fee simple ownership of the building allows for depreciation boosting after tax returns

Executive Summary

Atlantic Capital Partners has been exclusively engaged to solicit offers for the sale of this newly constructed Starbucks featuring a 15 Year Net Lease with 10% rental increases every 5 years. Starbucks opened for business July 2025.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,500 SF
Building Class
B
Year Built
2025
Price
$6,107,099 CAD
Price Per SF
$2,442.84 CAD
Cap Rate
5.25%
NOI
$320,636 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
1.59 AC
Zoning
A - Agricultural
Parking
5 Spaces (2 Spaces per 1,000 SF Leased)
Frontage
44’ on Florida 19

Major Tenants

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

Starbucks is a publicly traded coffeehouse and beverage company focused on the sourcing, roasting, and retailing of coffee and related products. Founded in 1971 in Seattle, Washington, the company began as a retailer of whole bean coffee and coffee equipment before evolving into a café-based model in the late 1980s. Starbucks operates company-owned and licensed locations across the Americas, Europe, the Middle East, Africa, and the Asia-Pacific region, supported by regional offices and corporate functions. The company’s operations include retail stores, roasting facilities, and supply chain infrastructure that supports both in-store and packaged goods channels. Starbucks has expanded its portfolio over time to include tea-based beverages, food offerings, and ready-to-drink products distributed through grocery and foodservice partners. The company has also developed premium concepts, including Starbucks Reserve, which emphasizes small-batch coffee and experiential retail formats. Starbucks is listed on the Nasdaq under the ticker symbol SBUX. Its corporate headquarters, known as the Starbucks Center, is located in Seattle and houses executive leadership, global operations, and administrative functions.

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

Property Taxes

Property Taxes

Parcel Number
31-19-26-0004-000-01600
Land Assessment
$551,330 CAD
Improvements Assessment
$135,537 CAD
Total Assessment
$686,867 CAD
  • Listing ID: 39025834

  • Date on Market: 2026-01-09

  • Last Updated:

  • Address: 29925 FL-19, Tavares, FL 32778

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