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Investment Highlights

  • Brand New Construction
  • Strong Cash Flow
  • Excellent Location Appeal
  • Attractive Lease Terms
  • Ample Parking & Accessibility

Executive Summary

This beautifully constructed, single-tenant Starbucks sits on a meticulously landscaped 0.92-acre lot and features a modern 2,185 SF building with a full drive-thru, a covered outdoor patio seating area, and excellent visibility. The site is well-designed for both convenience and comfort, offering 35 well-lit off-street parking spaces, as well as sidewalks, curbs, and gutters that frame the property. Additional infrastructure includes a 1,500-gallon grease trap, supporting long-term foodservice operations. The property is fully leased to Starbucks Corporation, an investment-grade tenant with no early termination rights, offering secure and predictable income. The lease delivers a starting 5.00% cap rate, with an average 5.5% cap rate over the 10-year primary term, and annual net operating income (NOI) of $198,000.

Property Facts

Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Retail
Building Size
1,857 SF
Building Class
B
LoopNet Rating
4 Star
Year Built
2025
Price
$5,429,372 CAD
Price Per SF
$2,923.73 CAD
Cap Rate
5%
NOI
$271,469 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
0.92 AC
Parking
35 Spaces (18.85 Spaces per 1,000 SF Leased)
Somewhat walkable
20/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100

Nearby Major Retailers

Starbucks
Anytime Fitness

Property Taxes

Property Taxes

Parcel Number
R438315
Land Assessment
$338,411 CAD
Improvements Assessment
$0 CAD
Total Assessment
$338,411 CAD
  • Listing ID: 37237507

  • Date on Market: 2025-08-12

  • Last Updated:

  • Address: 49 Copper Court, Durango, CO 81301

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