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For Sale

Starbucks Medford

2372 W Main St, Medford, OR 97501

Drive-thru Starbucks in Medford, Oregon

Corporate single-tenant net-leased drive-thru investment

NAI Elliott, as exclusive advisor, is pleased to present the opportunity to acquire the fee simple interest (land and building ownership) in a NN leased, new construction, corporate guaranteed, investment grade Starbucks investment property located in Medford, Oregon.

  • Priced at $1,750,000
  • Cap rate: 5.71%
  • NN limited-management investment with limited Landlord responsibilities
  • 10-year lease signed in 2020 with four, 5-year options to extend, demonstrating tenant's long-term commitment to the site
  • Starbucks is shadow anchored by Albertsons, providing excellent customer traffic flow
  • 10% rental increase every five years, providing a hedge against inflation
  • Starbucks is the #2 QSR brand nationwide, trailing only McDonalds in U.S. Sales volume and Subway in domestic store locations
  • Investment grade tenant with BBB+ rating by S&P
  • Property includes a newer roof, brand new HVAC units, fully renovated parking lot, and landscape upgrades per Starbucks specifications

Property Type

Retail - Free Standing Building

County

Jackson

Total Building Area

2,000 SF

Total Lot Size

28,750 sq. ft

Year Built

2020

Parking Ratio

14.5/1000

Photo of Starbucks with drive-thru at sunrise in Medford, OR
Photo of Starbucks for sale in Medford, OR
Photo of Starbucks with drive-thru for sale in Medford, OR
Sunrise photo of Starbucks for sale in Medford, OR
Sunrise aerial photo of Starbucks set against the backdrop of Medford, OR

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© 2022 NAI Elliott - All Rights Reserved

© 2022 NAI Elliott - All Rights Reserved

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