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Starbucks 9033 Old Number Six Hwy 2,500 SF 4-Star Retail Building Santee, SC 29142 $2,734,100 CAD ($1,093.64 CAD/SF) 5.85% Cap Rate

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Investment Highlights

  • Interstate Exit on I-95
  • (6) 5-Year Renewal Options
  • 10-Year NN Lease
  • Starbucks - 2020 Construction

Executive Summary

Oswald Cooke & Associates is pleased to offer a Starbucks investment opportunity in Santee, South Carolina, available to a qualified buyer. The 2,510 SF freestanding restaurant was built in 2020 and sits on 0.74 acres. The property is subject to a 10-year NN lease with fixed rent during the base term and six (6) five-year renewal options featuring 10% rental increases at each option.
The property is strategically located at Exit 98 on Interstate 95, a major East Coast travel corridor. Santee is a popular tourism destination anchored by Lake Marion, South Carolina’s premier fishing and recreational lake. The surrounding retail corridor includes McDonald’s, CVS, Bojangles, Taco Bell, Dollar General, multiple hotels, and other national brands, supporting strong traffic counts and long-term tenant performance.

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
2,500 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2020
Price
$2,734,100 CAD
Price Per SF
$1,093.64 CAD
Cap Rate
5.85%
NOI
$159,945 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
0.93 AC
Zoning
GC
Parking
46 Spaces (10 Spaces per 1,000 SF Leased)

Amenities

  • Freeway Visibility
  • Pylon Sign
  • Signage

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Accommodation and Food Services
  • -
  • $63.98 CAD
  • Triple Net
  • Feb 2031

Starbucks is a publicly traded coffeehouse and beverage company focused on the sourcing, roasting, and retailing of coffee and related products. Founded in 1971 in Seattle, Washington, the company began as a retailer of whole bean coffee and coffee equipment before evolving into a café-based model in the late 1980s. Starbucks operates company-owned and licensed locations across the Americas, Europe, the Middle East, Africa, and the Asia-Pacific region, supported by regional offices and corporate functions. The company’s operations include retail stores, roasting facilities, and supply chain infrastructure that supports both in-store and packaged goods channels. Starbucks has expanded its portfolio over time to include tea-based beverages, food offerings, and ready-to-drink products distributed through grocery and foodservice partners. The company has also developed premium concepts, including Starbucks Reserve, which emphasizes small-batch coffee and experiential retail formats. Starbucks is listed on the Nasdaq under the ticker symbol SBUX. Its corporate headquarters, known as the Starbucks Center, is located in Seattle and houses executive leadership, global operations, and administrative functions.

Tenant Industry SF Occupied Rent/SF Lease Type Lease End
Accommodation and Food Services - $63.98 CAD Triple Net Feb 2031

Nearby Major Retailers

Cracker Barrel Old Country Store
Huddle House
SouthState Bank
Waffle House
Piggly Wiggly
IGA
Food Lion

Property Taxes

Property Taxes

Parcel Number
0324-17-02-006.000
Land Assessment
$90,222 CAD
Improvements Assessment
$78,934 CAD
Total Assessment
$169,155 CAD
  • Listing ID: 39098944

  • Date on Market: 2026-01-15

  • Last Updated:

  • Address: 9033 Old Number Six Hwy, Santee, SC 29142

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