STARBUCKS

Address: 1318 Main Street, Alamosa, CO 

Price: $1,983,000

NOI: $114,000

Building Size: +/- 2,098 SF

Lot Size: +/- 0.58 AC

Type: Single-Tenant / Retail

will lightfoot

405.607.6020

Justin Brannon

405.607.6087


 

Investment Overview

Starbucks (NASDAQ: SBUX | S&P: “A-stable” Credit Rating; Moody’s: A3 Stable Rating) operates more than 27,339 locations in more than 75 countries
Brand new 10 year Net corporate lease with four 5 year options
No early termination clause
10% rental escalations every five years, including during option periods
New store with the latest Starbucks prototype with drive-thru
High visibility on the main thoroughfare in Alamosa (24,000 ADT).
Located directly across Main Street (US 285) from Safeway Grocery
Located directly east of Adams State University (3,700 students enrolled)