Thursday, February 16, 2017

Winter Park Wine-Serving Starbucks for Sale

A Winter Park Starbucks is for sale. Well, the building and land is anyway. It contains a corporately-guaranteed lease with a tenant who has operated at the site since construction in 2014. The Starbucks term runs until 2025 and has four, five year option periods with significant rent increases throughout. Additionally, this site is one of the few locations to serve beer/wine.

The subject property is adjacent to a Publix anchored shopping center. National retailers such as Publix, Whole Foods, CVS, Wells Fargo, McDonalds and Panera bread surround the property.

The cost is $2,380,000.

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