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Starbucks Drive-Thru 7283 Bonny Oaks dr 2,465 SF 100% Leased Retail Building Chattanooga, TN 37421 $3,766,192 CAD ($1,527.87 CAD/SF) 6.30% Cap Rate
INVESTMENT HIGHLIGHTS
- New 10-Year Corporate Lease with No Early Termination Clause
- 10% Rental Increases Every 5 Years in the Base Term and Options
- Largest Coffeehouse Chain Globally with 41,000+ Stores in 88 Countries
- Rare Self-Maintain Lease, Tenant Responsible for All On-Going Maintenance Directly
- Investment Grade Credit Tenant (Rated BBB+ by S&P), Ranked #125 on Fortune 500
- New Prototype Generates 50% More Revenue and Supports 70%+ of Sales Through Mobile, Drive-Thru, and Delivery
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
2,465 SF
Building Class
C
Year Built
2025
Price
$3,766,192 CAD
Price Per SF
$1,527.87 CAD
Cap Rate
6.30%
NOI
$237,306 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.02
Lot Size
2.67 AC
Zoning
R1
AMENITIES
- Wheelchair Accessible
- Air Conditioning
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 139G-A-002 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $17,703 CAD |
PROPERTY TAXES
Parcel Number
139G-A-002
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$17,703 CAD
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Starbucks Drive-Thru | 7283 Bonny Oaks dr
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