Confidentiality Agreement

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Starbucks

2419 Lincoln Way E, Massillon, OH, 44646
For Sale

Property Details

  • Price: $3,120,000
  • Property Type: Retail
  • Availability: Available
  • Transaction Type: For Sale
  • Cap Rate: 6.25%
  • Lot Size: 1.07 AC
  • Lease Type: NNN
  • Year Built: 2025
  • Tenancy: Single Tenant
  • Available SF: 2,230 SF

Property Description

SECURE INCOME STREAM

  • New 10-Year NNN Lease – 10% increases every 5 years
  • Rare Tenant-Maintained Parcel – Landlord responsible for roof and structure, tenant responsible for roof maintenance
  • Brand New 2024 Construction – Latest prototype design with drive-thru
  • Corporate Guaranteed Lease (NASDAQ: SBUX) – $36.176B revenue in 2024
  • Investment Grade Credit Rated Tenant – ‘BBB+’ by Standard & Poor’s

PROXIMITY

  • Infill and Affluent Trade Area with 113,195 Residents – $85,988 average household income
  • Excellent Access and Visibility to 22,568 VPD – Along main retail corridor in regional retail trade area
  • Surrounded by National Retailers – Including Target, Home Depot, Giant Eagle, McDonald’s, Chick-Fil-A and Aldi
  • 5 Miles to Aultman Hospital with 1,032 Beds – Serving Stark, Carroll, Wayne, Holmes and Tuscarawas counties
  • Strong Daytime Population of over 288,000 in 10-Mile Radius – Encompassing the Canton-Massillon MSA

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Financial Summary

Investment Highlights

Price $0.00
Price / Unit $0.00
Gross Rent Multiplier 0.00
Proposed Loan Amount $0.00
Initial Investment $0.00

 

Income & Expenses

Income
Potential
Current

 

Expense
Potential
Current
Total Expenses
$ 0.00
$ 0.00
Net Operating Income $0.00 $0.00
Less Debt Service $0 $0
Potential Net Cash Flow $0.00 $0.00
Cash on Cash Return 0.00 % 0.00 %
Capitalization Rate 0.00 % 0.00 %

 

Rent Roll

Unit
BR/BA
Current Monthly Rent
Potential Monthly Rent
Status
Lease Expires

Totals

$ 0.00

$ 0.00

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