Starbucks | 10-Year Corporately Lease 417 N Pine St 2,500 SF Retail Building Deridder, LA 70634 $3,323,064 CAD ($1,329.23 CAD/SF) 6.25% Cap Rate

The subject property is a newly constructed Starbucks drive-thru located in DeRidder, LA. The brand-new 10-year lease is corporately guaranteed by Starbucks and includes 10% rental increases every 5 years in the primary term and in the (6) 5-Year option periods.
This brand-new Starbucks is strategically situated in a vibrant, high-traffic area, offering excellent visibility and easy access along N Pine Street. The location benefits from daily traffic counts exceeding 22,000 vehicles per day (VPD), ensuring high exposure and a steady stream of customers. With its central placement, it is poised to attract both locals and commuters, making it an ideal spot for a bustling coffee shop. This investment offers a stable, long-term income stream backed by one of the most reputable global coffee brands.
The property is located in an affluent market with average household income exceeding $92,000 within a 5-mile radius. The site is strategically located between McDonald’s, Popeyes, and Taco Bell with many other national retailers in the immediate vicinity including Chase, Whataburger, Advance Auto Parts, Sherwin Williams, Wendy’s, Walgreens, Tractor Supply, Dollar Tree, Walmart, Harbor Freight, Goodwill, Burger King, O’Reilly Auto Parts, and many more.