We are pleased to announce that we have successfully completed the closing of a Starbucks NNN Property located in Jacksonville, FL. We represented the Buyer and the transaction closed in approximately 48 days.
A Starbucks Triple Net NNN Lease investment is an excellent opportunity for investors that are looking to invest their hard-earned money into a rapidly growing and prestigious company. Starbucks is the largest coffehouse company in the world with 21,160 stores in 63 countries, including United States, China, Canada, Japan and the United Kingdom.
Transaction Highlights
- Price sold: $1,650,000
- Lease Term/Type: 20 years NNN
- Tennant: Starbucks
- Location: Jacksonville, FL
- Funding: All cash
- Buyer: Private Investor
- Time to close: 48 days.
Triple Net NNN investments have become a recognizable asset, and a very popular Real Estate Investment in the United States, mostly for investors that are looking to receive a steady income with limited involvement in the property management. In most NNN lease arrangements, the tenant assumes responsibility of property taxes, insurance, and maintenance cost.
NNN Investment properties have singular benefits by providing the investor a perfect mix of: capital preservation, excellent capitalization, passive income, investment stability and outstanding tax benefits.
Are you Interested in Investing in a Starbucks NNN Property?
At CASABLANCA Commercial Real Estate, we specialize in NNN Lease Investments and we can work with you in finding and negotiating the best deal according to your investment goals and risk tolerance. Our buyer’s brokerage fees are Free for the buyer.
You can contact us at 407.205.7570 or 800-406-7640, let us be your trusted NNN Investment Advisor