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814 Paseo del Pueblo Norte
Taos, NM 87571
Starbucks - Taos, NM | Rare 13-Year Lease · Retail Property For Sale
Investment Highlights
- RARE 13-YEAR STARBUCKS LEASE STRUCTURE
- BUILT-OUT OUTDOOR SEATING DRIVES PERFORMANCE
- PROXIMITY TO DOWNTOWN CORE
- STRATEGIC HIGH-TRAFFIC LOCATION
- ANCHOR PROXIMITY TO TAOS’ LEADING RETAIL DRIVERS
- DYNAMIC TOURISM-DRIVEN ECONOMY
Executive Summary
The Isaac Group of Marcus & Millichap is pleased to present an exceptional net-leased Starbucks investment in the heart of Taos, New Mexico. This newly constructed, 2025-delivered asset features a rare 13-year corporate lease with minimal landlord responsibilities and built-in rent escalations. Strategically positioned along Paseo del Pueblo Sur—Taos’ primary commercial corridor—the property benefits from strong visibility, high traffic counts, proximity to major national retailers, and direct access to the historic downtown district. As the only Starbucks in the region and located within a high-tourism, high-spend trade area, this offering provides investors with a premier blend of credit tenancy, long-term income security, and irreplaceable real estate fundamentals.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
2,512 SF
Year Built
2025
Price
$4,949,832 CAD
Price Per SF
$1,970.47 CAD
Cap Rate
5.25%
NOI
$259,923 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
1.25 AC
Property Taxes
| Parcel Number | 23417 | Improvements Assessment | $0 CAD |
| Land Assessment | $145,833 CAD | Total Assessment | $145,833 CAD |
Property Taxes
Parcel Number
23417
Land Assessment
$145,833 CAD
Improvements Assessment
$0 CAD
Total Assessment
$145,833 CAD
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