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Brand-New 15-Year Corp. Guaranteed Starbucks 803 N State Road 434 2,700 SF Retail Building Altamonte Springs, FL 32714 $7,477,200 CAD ($2,769.33 CAD/SF) 5.25% Cap Rate



Investment Highlights
- Brand-new Starbucks (2026) provides investors with a rare 15-year corporate-guaranteed lease backed by one of the world's most recognized brands.
- Long-term income security is enhanced by four five-year extension options and 10% rent escalations every five years, creating built-in revenue growth.
- Within the rapidly expanding Altamonte Springs, just north of Orlando, positions the property in Central Florida's most desirable growth market.
- Annual rent of $279,000 is supported by a self-maintained NN lease, with Starbucks responsible for taxes, insurance, maintenance, and repairs.
- Starbucks' network of roughly 16,854 US locations underscores the company's proven track record, industry leadership, and long-term credit quality.
- Predictable monthly cash flow offers the secure, worry-free "mailbox money" income stream sought by 1031 exchange and passive investment buyers.
Executive Summary
Acquire a newly constructed Starbucks located at 803 N State Road 434 in Altamonte Springs, Florida, offering investors a rare opportunity to purchase a premium, corporate-backed asset in a rapidly growing Orlando submarket. Delivered in March 2026, the 2,700-square-foot property is secured by a rare 15-year corporate-guaranteed lease with four five-year extension options and 10% rent escalations every five years, providing investors with long-term income growth and stability.
Investors benefit from $279,000 in annual rental income secured by a favorable self-maintained NN (double-net) lease structure, under which Starbucks is responsible for real estate taxes, insurance, maintenance, and repairs. Limited landlord responsibilities, contractual rent increases, and a corporate guarantee create an attractive passive investment opportunity for private investors and 1031 exchange buyers.
Strategically positioned along N State Road 434, a major north-south commercial corridor, the property benefits from exposure to more than 40,000 vehicles per day (VPD). Situated just west of Interstate 4 and north of its intersection with State Road 436, the asset is within a dense, growing trade area surrounded by established residential communities and major employment centers.
Demographic fundamentals support long-term tenant performance, with the population within a 3-mile radius projected to exceed 107,500 residents by 2030, representing approximately 6.1% growth from 2025 levels. More than 42,000 daytime employees drive consistent demand throughout the day from commuters, professionals, and area residents. Average household incomes of approximately $105,000 and annual consumer spending exceeding $1.3 billion highlight the area's strong purchasing power.
Starbucks Corporation, headquartered in Seattle, Washington, is the world's largest coffeehouse chain, operating approximately 41,129 locations across 89 markets worldwide and generating roughly $9 billion in annual revenue. Ranked No. 126 on the 2026 Fortune 500, Starbucks remains one of the most recognized and established retail brands globally.
Altamonte Springs is one of Central Florida's most desirable and rapidly growing suburban communities. Located approximately 15 minutes north of Downtown Orlando, 30 minutes from Walt Disney World, and less than an hour from Daytona Beach, the city offers exceptional access to the region's major employment centers, attractions, and transportation networks.
Corporate credit, brand-new construction, a long-term lease, built-in rent growth, and minimal management responsibilities make this Starbucks an ideal vehicle for investors seeking dependable monthly cash flow and a secure long-term hold. Strong suitability for a 1031 exchange further enhances the appeal of this premier net lease opportunity.
For pricing, financial information, and due diligence materials, contact Mark Allen, CCIM, with Commercial Real Estate Professionals, Inc. today.
Investors benefit from $279,000 in annual rental income secured by a favorable self-maintained NN (double-net) lease structure, under which Starbucks is responsible for real estate taxes, insurance, maintenance, and repairs. Limited landlord responsibilities, contractual rent increases, and a corporate guarantee create an attractive passive investment opportunity for private investors and 1031 exchange buyers.
Strategically positioned along N State Road 434, a major north-south commercial corridor, the property benefits from exposure to more than 40,000 vehicles per day (VPD). Situated just west of Interstate 4 and north of its intersection with State Road 436, the asset is within a dense, growing trade area surrounded by established residential communities and major employment centers.
Demographic fundamentals support long-term tenant performance, with the population within a 3-mile radius projected to exceed 107,500 residents by 2030, representing approximately 6.1% growth from 2025 levels. More than 42,000 daytime employees drive consistent demand throughout the day from commuters, professionals, and area residents. Average household incomes of approximately $105,000 and annual consumer spending exceeding $1.3 billion highlight the area's strong purchasing power.
Starbucks Corporation, headquartered in Seattle, Washington, is the world's largest coffeehouse chain, operating approximately 41,129 locations across 89 markets worldwide and generating roughly $9 billion in annual revenue. Ranked No. 126 on the 2026 Fortune 500, Starbucks remains one of the most recognized and established retail brands globally.
Altamonte Springs is one of Central Florida's most desirable and rapidly growing suburban communities. Located approximately 15 minutes north of Downtown Orlando, 30 minutes from Walt Disney World, and less than an hour from Daytona Beach, the city offers exceptional access to the region's major employment centers, attractions, and transportation networks.
Corporate credit, brand-new construction, a long-term lease, built-in rent growth, and minimal management responsibilities make this Starbucks an ideal vehicle for investors seeking dependable monthly cash flow and a secure long-term hold. Strong suitability for a 1031 exchange further enhances the appeal of this premier net lease opportunity.
For pricing, financial information, and due diligence materials, contact Mark Allen, CCIM, with Commercial Real Estate Professionals, Inc. today.
Sale Flyer
Financial Summary (Actual - 2026) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
-
|
-
|
| Net Operating Income |
$392,553
|
$145.39
|
Financial Summary (Actual - 2026)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $392,553 |
| Annual Per SF | $145.39 |
Property Facts
Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Building Size
2,700 SF
Building Class
B
Year Built
2026
Price
$7,477,200 CAD
Price Per SF
$2,769.33 CAD
Cap Rate
5.25%
NOI
$392,553 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
1.38 AC
Zoning
Restaurant - Retail - Restaurant - Commercial - Retail
Frontage
446’ on Florida 434
Amenities
- Pylon Sign
- Restaurant
- Signage
- Tenant Controlled HVAC
- Drive Thru
- Monument Signage
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Starbucks Corporate
- Retailer
- 2,700 SF
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Starbucks Corporate | Retailer | 2,700 SF | - | - |
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100
Demographics
Demographics
1 mile
3 mile
5 mile
15 min drive
2025 Population
13,546
101,373
211,631
500,595
2030 Population
14,484
107,578
226,261
540,861
2025-2030 Projected Population Growth
6.9%
6.1%
6.9%
8.0%
Median Age
39.8
41.2
41.1
40.6
College Degree + Higher
38%
39%
34%
24%
Daytime Employees
4,555
41,945
110,940
288,971
Total Businesses
824
5,586
14,673
41,120
Average Household Income
$96,993
$104,649
$100,115
$101,166
Median Household Income
$76,259
$75,856
$74,646
$75,333
Total Consumer Spending
$162M
$1.3B
$2.6B
$6.1B
2025 Households
5,511
42,365
84,992
200,089
Average Home Value
$378,925
$457,882
$438,114
$462,439
$ values in USD
Nearby Amenities
Hotels |
|
|---|---|
| Hampton by Hilton |
128 rooms
7 min drive
|
| SpringHill Suites |
90 rooms
7 min drive
|
| TownePlace Suites |
117 rooms
7 min drive
|
| Hilton |
309 rooms
9 min drive
|
| Courtyard |
112 rooms
10 min drive
|
| Sheraton Hotel |
389 rooms
11 min drive
|
Property Taxes
| Parcel Number | 09-21-29-519-0000-0010 | Improvements Assessment | $0 CAD (2025) |
| Land Assessment | $2,142,668 CAD (2025) | Total Assessment | $2,142,668 CAD (2025) |
Property Taxes
Parcel Number
09-21-29-519-0000-0010
Land Assessment
$2,142,668 CAD (2025)
Improvements Assessment
$0 CAD (2025)
Total Assessment
$2,142,668 CAD (2025)
Sale Advisor
Mark Allen, Broker/Owner
Mark Allen is a broker, CCIM, e PRO, RESS that's the top producing commercial broker in Central Florida. Mr. Allen has over 30 years of commercial real estate success. His company is very active with all facets of both the commercial industry and the business opportunity arena. They are members of many professional and community groups that greatly aid in conducting successful business transactions. The services that Commercial Real Estate Professionals, Inc. provides are include commercial sales of improved property, multi purpose buildings, shopping centers, retail buildings, warehouses, office buildings, investment and income properties, apartments, hotels, motels, mobile home parks, RV parks, vacant land, tourism-related business, residential development, hospitality, retail, and many more.
That's in addition to business sales and purchasing, representing retail, restaurant, and hospitality national franchises, commercial leasing for office, retail, warehouse, and industrial space; marketing and advertising packages; acquisition searches, buyer's agent representation, obtaining commercial investment financing, and consulting.
That's in addition to business sales and purchasing, representing retail, restaurant, and hospitality national franchises, commercial leasing for office, retail, warehouse, and industrial space; marketing and advertising packages; acquisition searches, buyer's agent representation, obtaining commercial investment financing, and consulting.
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Brand-New 15-Year Corp. Guaranteed Starbucks | 803 N State Road 434
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