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STNL Starbucks 6700 Roosevelt Ave 1,649 SF Retail Building Middletown, OH 45005 $3,427,607 CAD ($2,078.60 CAD/SF) 6.25% Cap Rate
Investment Highlights
- NNN Corporate Guaranteed Lease
- 10-Year Initial Term with Four 5-Year Renewal Options
- Immediate Access to I-75 (93,130 VPD), the Primary North/South Thoroughfare Connecting Dayton and Cincinnati
- Brand New 2025 Construction with Drive-Thru
- Situated at a Hard Corner Signalized Intersection with 35,000 VPD
- Located within a Highly Trafficked Corridor, Drawing Over 4.1MM Visits in the Last 6 Months (Placer.ai)
Executive Summary
This Starbucks features a 10-year NNN corporate guaranteed lease with four 5-year renewal options. The property includes new 2025 construction with a drive-thru and is situated on ±0.48 acres. Positioned on a hard corner signalized intersection with 35,000 VPD, the site offers immediate access to I-75 (93,210 VPD), the primary North/South thoroughfare connecting Dayton and Cincinnati. It also benefits from frontage along Roosevelt Blvd (Ohio SR-122), a major East/West local and regional artery and the key connector to I-75. The location sits within a highly trafficked retail corridor, drawing over 4.1MM visits in the last 6 months (Placer.ai) and is surrounded by national retailers including Lowe’s, ALDI, Planet Fitness, Kroger, and Walmart.
The broader Middletown area is undergoing significant growth, modernization, and industrial stability. Major developments include Renaissance Pointe, a $200MM, 50-acre mixed-use district, and the 32-acre Towne Mall Galleria redevelopment, located directly adjacent to the property. Industrial expansion is also underway, led by Cleveland-Cliffs’ Middletown Works. The trade area is supported by a population of +92,600 and an Avg HHI of +$84,900 within a 5 mile radius.
Watch Property Video: https://vimeo.com/1195557154
The broader Middletown area is undergoing significant growth, modernization, and industrial stability. Major developments include Renaissance Pointe, a $200MM, 50-acre mixed-use district, and the 32-acre Towne Mall Galleria redevelopment, located directly adjacent to the property. Industrial expansion is also underway, led by Cleveland-Cliffs’ Middletown Works. The trade area is supported by a population of +92,600 and an Avg HHI of +$84,900 within a 5 mile radius.
Watch Property Video: https://vimeo.com/1195557154
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
1,649 SF
Building Class
B
Year Built
2025
Price
$3,427,607 CAD
Price Per SF
$2,078.60 CAD
Cap Rate
6.25%
NOI
$214,239 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
0.48 AC
Frontage
211’ on Roosevelt Avenue
Amenities
- Drive Thru
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Accommodation and Food Services
-
99,999 SF
- -
-
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 | 99,999 SF | - | Lorem Ipsum | Jan 0000 |
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100
Nearby Major Retailers
1 of 12
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STNL Starbucks | 6700 Roosevelt Ave
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