Starbucks
PRICE
CAP RATE
SQUARE FOOTAGE
LEASE TERM

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Abraham Leon

Senior Advisor

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PROPERTY ADDRESS

3287 Alpine Ave NW, Walker, MI 49544

PROPERTY INFORMATION

Price:
$2,647,047
Cap Rate:
5.25%
Term Remaining:
10 Years
Status:
Closed

INVESTMENT SUMMARY

– 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