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4824 S 4th St 2,210 SF Retail Building Leavenworth, KS 66048 $3,278,829 CAD ($1,483.63 CAD/SF) 5.25% Cap Rate
Investment Highlights
- Newly Renovated with Exceptional Drive- Thru Efficiency
- Adjacent to Fort Leavenworth - the oldest continuously operating military facility installation West of the Mississippi
- Newly Built in 2020, Complete interior renovation in 2026, 25 Parking Spaces, Rent Not Tied to Store Performance
- 150’ Frontage on 4th St, Only drive-thru Starbucks in the area
- Only drive-thru Starbucks in the area, Major Retailers Nearby (Walmart Super Center, HomeDepot, Genesis Health Club)
- Potential 30-year control with Investment grade tenant
Executive Summary
JUST RENOVATED CORPORATE STARBUCKS | CAPITAL REINVESTMENT VALIDATES LONG TERM LOCATION STRENGTH |
EXCLUSIVE USE PROTECTION | INVESTMENT GRADE TENANT
Starbucks has committed to a comprehensive interior “uplift” renovation at this location, including reconfigured seating, upgraded
finishes, new merchandising installations, and enhanced customer experience design. This capital reinvestment underscores the tenant’s
long-term commitment to the site and is a strong indicator of continued operational performance and future lease extension probability.
Unlike typical legacy stores, this asset benefits from a refreshed store prototype aligned with starbucks’ current brand standards.
EXCLUSIVE USE PROTECTION | INVESTMENT GRADE TENANT
Starbucks has committed to a comprehensive interior “uplift” renovation at this location, including reconfigured seating, upgraded
finishes, new merchandising installations, and enhanced customer experience design. This capital reinvestment underscores the tenant’s
long-term commitment to the site and is a strong indicator of continued operational performance and future lease extension probability.
Unlike typical legacy stores, this asset benefits from a refreshed store prototype aligned with starbucks’ current brand standards.
Property Facts
Sale Type
Investment NNN
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Building Size
2,210 SF
Building Class
B
Year Built/Renovated
2020/2026
Price
$3,278,829 CAD
Price Per SF
$1,483.63 CAD
Cap Rate
5.25%
NOI
$172,105 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
0.48 AC
Zoning
GBD
Parking
25 Spaces (11.31 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Drive Thru
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Accommodation and Food Services
- -
- -
-
Lorem Ipsum
-
Jan 0000
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 Type | Lease End | |
|
|
Accommodation and Food Services | - | - | Lorem Ipsum | Jan 0000 |
Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 106-13-0-10-01-030.00-0 | Improvements Assessment | $246,352 CAD |
| Land Assessment | $170,354 CAD | Total Assessment | $416,705 CAD |
Property Taxes
Parcel Number
106-13-0-10-01-030.00-0
Land Assessment
$170,354 CAD
Improvements Assessment
$246,352 CAD
Total Assessment
$416,705 CAD
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4824 S 4th St
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