Starbucks - Jacksonville, Florida

Starbucks, Dallas, TX

Retail · Active

About this property

DuWest Realty Investment Services is pleased to present the opportunity to acquire Starbucks in Jacksonville, Florida (“the Property”). The Property is a corporately backed NN lease, landlord responsible for roof and structure, with a 10-year primary term and six, five-year options. The building recently finalized construction and rent will commence on March 16, 2026. The Property benefits from a prime location with frontage along Beach Boulevard, providing visibility and access to 52,500 vehicles per day. Starbucks is a popular, multinational operator of coffee house and roastery reserves headquartered in Seattle, Washington. The company currently has 40,990 locations around the world, making Starbucks the definitive global leader of the consumer coffee industry. Since going public in 1992, Starbucks’ stock, (NYSE:SBUX), has climbed to $96.80 per share with a market cap of $110.34 billion. In 2025, Starbucks reported over $37.18 billion in annual revenue. The Property is located just east of the intersection of Kernan Boulevard South (13,700 VPD) and Beach Boulevard (52,500 VPD), with access and frontage along the latter. Beach Boulevard serves as one of Jacksonville’s main east-west thoroughfares from the city to the beach, ideally situating the Property to benefit from high volume commuter & recreational traffic. Additionally, the Property draws from a dense & wealthy demographic, with a population of 114,397 and average household income of nearly $148,139 in a five-mile radius. The acquisition of this Starbucks offers investors an outstanding 10-year corporate lease, 10% income increases every 5 years, and a highly visible, easily accessible location along one of Jacksonville’s most heavily trafficked corridors. With minimal landlord responsibilities and the backing of one of the world’s strongest retail brands, this property represents an exceptional opportunity for investors seeking stable, long-term income with upside potential. * * *

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Listed by DuWest.