Starbucks

3287 Alpine Ave NW, Walker, MI 49544

PROPERTY DETAILS

  • Cap Rate 5.25%
  • Leasable Area 2,138 sq ft

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INVESTMENT OVERVIEW

- Starbucks Recently Renewed for an additional 10 years with in-creases in rent. - State of the art Starbucks Designs with Drive-Thru on Hard Corner - Minimal Landlord Responsibilities | 10% Rent Increases Every 5 Years Including Options - Lease Guaranteed by Starbucks Corporation | S&P “A–” Credit Rating - Excellent visibility and Ingress and Egress - Exceptional Architecture with Beautiful Stone Facade - E-Commerce & Internet Resistant Tenant

PROPERTY INFORMATION

Price:
$2,647,047
Cap Rate:
5.25%
Lease Term:
10 years
Status:
Closed

LOCATION INFORMATION

Address:
3287 Alpine Ave NW, Walker, MI 49544


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