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Starbucks - Crestview, FL 4315 S Ferdon Blvd 2,500 SF Retail Building Crestview, FL 32536 $5,955,926 CAD ($2,382.37 CAD/SF) 5.25% Cap Rate
INVESTMENT HIGHLIGHTS
- Brand New 2025 Construction With a 15-Year Roof Warranty
- Corporately Guaranteed Lease By Starbucks Corporation (NASDAQ: SBUX) With a Rating of “BBB+” By S&P – Over $35 Billion in Revenue in 2023
- Strategically Placed on South Ferdon Blvd (Hwy 85), Which Sees Traffic Counts of Over 50,645 Vehicles Per Day
- Long-Term Lease With Limited Landlord Responsibilities
- Starbucks is the Largest Coffee Retailer in the World, With Over 40,000 Locations in 80 Countries
- 4 Blocks From Interstate 10, a Long East-West Highway That Runs Through the Florida Panhandle For Over 362 Miles
EXECUTIVE SUMMARY
Sands Investment Group is Pleased to Exclusively Offer For Sale the 2,500 SF Starbucks Located at 4315 South Ferdon Boulevard in Crestview, FL. This Deal Includes a Long-Term 15-Year Lease With Limited Landlord Responsibilities. This is a Brand New 2025 Construction Building With a 15-Year Roof Warranty Included, Providing For a Secured Investment.
In Cooperation With SIG RE Services, LLC - Lic. #CQ1055229 BoR: Andrew Ackerman - Lic. FL #BK3369953
In Cooperation With SIG RE Services, LLC - Lic. #CQ1055229 BoR: Andrew Ackerman - Lic. FL #BK3369953
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
2,500 SF
Building Class
B
Year Built
2025
Price
$5,955,926 CAD
Price Per SF
$2,382.37 CAD
Cap Rate
5.25%
NOI
$312,686 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
0.95 AC
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Starbucks
- Accommodation and Food Services
- 2,500 SF
- $125.07 CAD
- Double Net
- Jun 2040
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Starbucks | Accommodation and Food Services | 2,500 SF | $125.07 CAD | Double Net | Jun 2040 |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 32-3N-23-0000-0057-0120 | Improvements Assessment | $0 CAD |
| Land Assessment | $872,468 CAD | Total Assessment | $872,468 CAD |
PROPERTY TAXES
Parcel Number
32-3N-23-0000-0057-0120
Land Assessment
$872,468 CAD
Improvements Assessment
$0 CAD
Total Assessment
$872,468 CAD
CONTACTS
-
Jordan Mulloy -
Will Schuhmacher -
Doug Roland -
Max Freedman -
Andrew Ackerman -
Sands Investment Group Austin, LLC
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Starbucks - Crestview, FL | 4315 S Ferdon Blvd
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