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Starbucks NNN for Sale in Tallahassee, FL — $4.0M | 5.5% Cap
  • $4,023,000

Details

  • Price $4,023,000
  • CAP Rate 5.5%
  • Tenant Starbucks
  • Years Left 14.9 years left
  • NOI $221,250
  • City Tallahassee

Description

Starbucks NNN for Sale in Tallahassee, FL — $4,023,000 | 5.5% Cap

This Starbucks triple net lease property in Tallahassee, FL offers passive income investors BBB+ credit, 14.9-year lease through 2040, and $221,250 annual NOI at 5.5% cap rate with absolute NNN structure.

Rare 15-Year Lease | Near Florida State University (43,000+ Students)

Marketing description

New 15-year net lease to Starbucks Corporation (with no early termination clause) with 10% rental increases every 5 years during initial term and options periods.

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