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Starbucks 465 Bloomfield Ave 1,933 SF 100% Leased Retail Building Windsor, CT 06095 $4,142,208 CAD ($2,142.89 CAD/SF) 5% Cap Rate
Investment Highlights
- Starbucks occupies the property under a 10-year triple net lease with no landlord responsibilities.
- The investment is offered at a stated going-in cap rate of 5.00%.
- Adjacent approved residential developments are expected to add nearly 500 new apartment units within the immediate area.
- The lease includes a 10% rent increase after year five and six additional renewal options with 10% increases.
- The property benefits from visibility along Bloomfield Avenue, where traffic counts are reported at approximately 21,800 vehicles per day.
Executive Summary
465 Bloomfield Avenue presents the opportunity to acquire a newly developed, single-tenant Starbucks investment in Windsor, Connecticut. The property is occupied by Starbucks under a 10-year triple net lease structure with no landlord responsibilities and no early termination clause, providing investors with a predictable income stream backed by one of the most recognized brands in the quick-service beverage sector. The lease includes a 10% rental increase after the first five years and six additional five-year renewal options, each featuring 10% rental increases, creating long-term income growth potential.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
1,933 SF
Building Class
B
Construction Status
Proposed
Price
$4,142,208 CAD
Price Per SF
$2,142.89 CAD
Cap Rate
5%
NOI
$207,110 CAD
Percent Leased
100%
Building Height
1 Story
Building FAR
0.07
Lot Size
0.64 AC
Zoning
TBD - TBD
Amenities
- Air Conditioning
Somewhat walkable
20/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | WIND-000054-000075-000005A | Improvements Assessment | $0 CAD |
| Land Assessment | $131,780 CAD | Total Assessment | $131,780 CAD |
Property Taxes
Parcel Number
WIND-000054-000075-000005A
Land Assessment
$131,780 CAD
Improvements Assessment
$0 CAD
Total Assessment
$131,780 CAD
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Presented by
Fischer Real Estate Inc
Starbucks | 465 Bloomfield Ave
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