Freestanding For Sale • 2,540 SF
12 Year Starbucks Featuring 7.5% Rental Increases at Year 8 and at Each Option. Brand New 2024 High Quality Construction w/ Drive-Thru. |
Positioned Along Area’s Retail & Traffic Corridor: Easy Access & Excellent Visibility at a Hard Corner w/ Daily Traffic Counts Exceeding 17k Vehicles. |
Starbucks has a S&P Investment Grade Credit Rating of “BBB+” and is Ranked #125 on the Fortune 500 List with an Annual Revenue of more than $35.97B. |
Walking Distance from Mercy Health Urbana Hospital - the Hospital is Dedicated to the Healthcare needs of the Residents of Urbana &Champaign County. |
W/in Urbana Commons Retail Center (1.5M Annual Visitors) - Pad to Walmart Supercenter and Near Numerous other National Retailers. |
Adjacent to Dugan Place - a future Residential Development - 192 Apartment Units, 114 Townhome Units, 75 Condo Units, and 132 Single-Family Homes. |
Cap Rate: | 6.35 % |
Tenant | SF Occupied | Lease End Date |
---|---|---|
Starbucks | 2,540 SF | 12/31/2036 |
Airport | Drive | Walk | Distance |
---|---|---|---|
James M Cox Dayton International | 50 min | - | 40.2 mi |