Log In/Sign Up
Your email has been sent.
Starbucks | 6.25% CAP | New 10-YR Lease 410 Myrtle St 1,400 SF Retail Building Longwood, FL 32750 $4,274,400 CAD ($3,053.14 CAD/SF) 6.25% Cap Rate
Investment Highlights
- Rare opportunity to own a hyper secure, newly constructed 10-YR Starbucks in Orlando, FL
- High-profile location surrounded by traffic generators Wawa, Walgreens, Sonic, Taco Bell and CVS
- Fixed 10% increases every 5 years provide a hedge against inflation and consistent rent growth
- Orlando ranked #1 nationally in employment growth in 2024 and #8 nationally in new housing starts
- Starbucks has an investment grade credit rating and is the largest coffee provider in the World with over 35,700 stores
- 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 renovated Starbucks featuring a 10 Year Net Lease with 10% rental increases every 5 years. Starbucks has been open for business since January 2025
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Retail
Building Size
1,400 SF
Building Class
B
Year Built/Renovated
2008/2025
Price
$4,274,400 CAD
Price Per SF
$3,053.14 CAD
Cap Rate
6.25%
NOI
$267,150 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
0.77 AC
Zoning
GC
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- Accommodation and Food Services
- -
- -
- -
Starbucks began in 1971 as a coffee business in Seattle, where the company first sold coffee beans and related equipment before evolving into a broader coffeehouse brand. The business now focuses on responsibly sourced arabica coffee, company-operated and licensed coffeehouses, and a growing consumer-packaged goods presence. Starbucks has built a wide market presence around specialty coffee, with offerings that span brewed drinks, espresso-based beverages, food, and retail products distributed through its store network and packaged-goods channels.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
|
Accommodation and Food Services | - | - | - |
Fairly walkable
50/100
Moderately drivable
70/100
Good public transit
60/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 32-20-30-521-0000-0030 | Improvements Assessment | $0 CAD |
| Land Assessment | $1,495,328 CAD | Total Assessment | $1,495,328 CAD |
Property Taxes
Parcel Number
32-20-30-521-0000-0030
Land Assessment
$1,495,328 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,495,328 CAD
1 of 6
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
Starbucks | 6.25% CAP | New 10-YR Lease | 410 Myrtle St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.