Starbucks Medford

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