Triple Net Starbucks Stores For Sale
Starbucks NNN Properties
Arguably the most famous coffee franchise around the world, Starbucks is today another way of saying “coffee.” Since Starbucks was founded in Seattle in 1971, it has become a multinational chain of coffeehouses and an international success. The company reported 32,660 stores back in 2020 September, with 16,637 being company-operated stores and 16,023 being licensed stores.
Many Starbucks stores sell pre-packaged food items and drinkware such as mugs and tumblers in addition to serving coffee.
There are also select locations in the US that offer beer, wine, and appetizers. Known as Starbucks Evenings, these locations also have bottled cold coffee drinks, coffee beans, and ice cream being sold at grocery stores across the United States and other countries.
Starbucks currently serves clients in 83 countries and has announced in December 2020 that the company is planning to increase its store count to about 55,000 by 2030.
As of 2021 August, Starbucks has a market capitalization of $140.46 billion which makes Starbucks the world’s 98th most valuable company by market cap. When compared to previous years, one can easily see that the market capitalization of Starbucks, $103.26 billion in 2019 and $125.56 billion in 2020, has been growing continuously.
Starbucks is currently ranked 114th in the Forbes Fortune 500 list and 288th in the magazine’s Global 2000.
In terms of commercial investments, Starbucks would be a great option for investors as the company has a strong following of loyal customers and a highly recognizable brand along with the undeniable, consistent growth in the past couple of years.
What’s more, Starbucks stores are strategically located in suburban and prime urban areas, near other businesses and retail shops, and are often placed on the commuting side of traffic patterns, which results in attracting more customers.
The average sale price of a Starbucks store is about $2-3 million, which makes it attainable for new investors as well as experienced investors. Also, most stores operate with a corporate-guaranteed, 10-year net lease which includes a 10% rental increase every 5 years.
The Starbucks Coffee Company is adding hundreds of new locations to its US market every year with a relatively low price-point, making these NNN properties a great opportunity for both first-time and experienced investors. Starbucks NNN investments are low maintenance, lucrative, and high performing and offer a stable worry-free monthly income for investors.
La Porte, TX$2,842,000
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