Starbucks Drive-Thru @ Maple Hill Pavilion… — Sale in Kalamazoo, MI

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Business
  • Location: Kalamazoo, MI 49009

Photos

Starbucks Drive-Thru @ Maple Hill Pavilion… — Sale in Kalamazoo, MI, photo 1 of 5
Starbucks Drive-Thru @ Maple Hill Pavilion… — Sale in Kalamazoo, MI, photo 2 of 5
Starbucks Drive-Thru @ Maple Hill Pavilion… — Sale in Kalamazoo, MI, photo 3 of 5
Starbucks Drive-Thru @ Maple Hill Pavilion… — Sale in Kalamazoo, MI, photo 4 of 5
Starbucks Drive-Thru @ Maple Hill Pavilion… — Sale in Kalamazoo, MI, photo 5 of 5

Investment Figures

Cap rate
5.50%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

--Corporate-Guaranteed NNN Lease -Corporate Guaranty: Investment-Grade Credit Backed by ±$38.5 Billion in Annual Revenue and a ±$119 Billion Market Capitalization ±9 Years of Lease Term Remaining, plus Four, Five-Year Options Offering Potential Occupancy through 2055 10% Rental Increases Every Five Years Provide a Built-In Hedge against Inflation -Over Two Decades of Continuous Operating History at This Specific Location Demonstrating Proven Site Performance --Prime Retail Location in Kalamazoo's Main Street Corridor -Surrounded by a Dense Mix of National Retailers Including Chick-Fil-A, Chipotle, Five Guys, Kohl's, Lowe's, and Aldi, Reinforcing the Corridor's Draw as a Regional Shopping Destination -Less than 3.5 Miles from Downtown Kalamazoo and ±3 Miles from Western Michigan University (17,000+ Students), Sustaining Year-Round Consumer Traffic -Trade Area Supports ±107,709 Residents and ±$89,687 Average Household Income within 5 Miles Investment Highlights: • NNN Corporate-Guaranteed Starbucks (NASDAQ: SBUX) Offers Limited Landlord Responsibilities in a Passive, Investor-Friendly Structure • Drive-Thru Outparcel Sits Just off US-131 Interchange Which Sees ±55,000 Cars Per Day • Located in Maple Hill Pavilion Alongside Target, Hobby Lobby, and Marshalls, Delivering Daily Traffic in One of the City's Most Established Retail Corridors

Market Context

This food service in Kalamazoo, MI is listed for sale. It is offered at an approximate 5.5% capitalization rate, a key benchmark for income-producing food service assets. Compare it against other food service listings for sale in Kalamazoo, MI — view the full market.

Contact

Explore this market

Similar Business for Sale in Michigan