Starbucks Net Lease Property NN Fast Food Coffee Arkansas

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Investment Offering

Tenant: Starbucks | North Little Rock, AR
Premises: 1,015 SF
Renewal Options: 5 x 5 Years

Lease Expiration: 11/30/2030
Lease Type: NN
Rental Increases: $6,000 At Yr 6 & 10% At Options

Sands Investment Group is Pleased to Exclusively Offer For Sale the 1,015 SF Starbucks Net Lease Property Located at 418 E Broadway Street in North Little Rock, Arkansas. This Opportunity Includes Brand New Construction and a Long-Term 10 Year Starbucks Net Lease That Recently Opened November 16, 2020, Providing For a Great Investment.

Brand New Construction Long-Term 10 Year Lease That Recently Opened November 16, 2020
Corporate Guarantee From Investment Grade Tenant (S&P: BBB+)
Starbucks is the Largest Coffeehouse Chain in the World, Consisting of Over 32,000 Locations in Over 80 Countries Worldwide
This Location is the New Post Covid-19 Model With a Drive-Thru Only and is Mobile Order Friendly
Located in Qualified Opportunity Zone (“QOZ”) – May Be Eligible For Preferential Tax Treatment
Strategically Positioned at the Signalized Intersection of Broadway Street and I-30 Which See a Combined Traffic Count of Over 146,500 Vehicles Per Day; Property Includes Excellent Visibility and Prominent Signage on I-30
No Early Termination Option Included in the Lease Agreement
Outstanding Demographics With a Total Population of Over 120,322 Residents Making an Average Household Income of Over $66,554 Within a 5-Mile Radius
Located Directly Outside of Simmons Bank Arena, a 18,000 Seat Multi-Purpose Arena; It is the Main Entertainment Venue Serving the Greater Little Rock Area
Little Rock, the Capital of Arkansas, is Home to the William J Clinton Presidential Library and Museum, With Exhibits Including a Replica of the Oval Office and Presidential Artifacts; Little Rock is a Cultural, Economic, Government and Transportation Center Within Arkansas
Nearby Tenants Include: Burger King, McDonald’s, Taco Bell, Bank of America, Greyhound, Valero, Diamond Bear Brewing, U-Haul and Union Pacific

In Cooperation With Sands Investment Group Arkansas, LLC – Lic. # PB00085157

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Tenant Overview

Starbucks Corporation is an American coffee company and coffeehouse chain. Starbucks was founded in Seattle, Washington in 1971. As of November 2020, the company operates more than 32,000 retail stores around the globe. Starbucks is considered the main representative of "second wave coffee," initially distinguishing itself from other coffee- serving venues in the U.S by taste, quality, and customer experience, while popularizing darkly roasted coffee. Since the 2000’s, third wave coffee makers have targeted quality-minded coffee drinkers with hand-made coffee based on lighter roasts, while Starbucks nowadays uses automated espresso machines for efficiency and safety reasons. Starbucks locations serve hot and cold drinks, whole-bean coffee, micro-ground instant coffee known as VIA, espresso, café latte, full and loose-leaf teas including Teavana tea products, Evolution Fresh juices, Frappuccino beverages, La Boulange pastries, and snacks including items such as chips and crackers; some offerings are seasonal or specific to the locality of the store. Many stores sell pre-packaged food items, hot and cold sandwiches, and drinkware including mugs and tumblers; select "Starbucks Evenings" locations offer beer, wine and appetizers. Starbucks–brand coffee, ice cream and bottled cold coffee drinks are also sold at grocery stores.

Area Overview