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Starbucks - Adel, GA 110 Alabama Road

2,500 SF Retail Building Adel, GA 31620 £2,317,262 (£927/SF) 6% Net Initial Yield

Investment Highlights

  • Brand New 2024 Construction With 20-Year Roof Warranty
  • 10% Rent Increases Every 5 Years Providing a Strong Hedge Against Inflation
  • Starbucks is the Largest Coffee Retailer in the World, With Over 38,000 Locations in 80 Countries
  • Long Term Lease With Limited Landlord Responsibilities
  • Corporately Guaranteed Lease By Starbucks Corporation (NASDAQ: SBUX) With a Rating of “BBB+” by S&P – Over $35 Billion in Revenue in 2023
  • Situated Next to a Walmart Supercenter, Providing For Ample Foot Traffic and High Daily Traffic Counts

Executive Summary

Sands Investment Group is Pleased to Exclusively Offer For Sale the 2,500 SF Starbucks Located at 110 Alabama Road in Adel, GA. This Deal Includes a Brand New 2024 Construction With 20-Year Roof Warranty and Long Term Lease With Limited Landlord Responsibilities and 10% Rent Increases Every 5 Years Providing a Strong Hedge Against Inflation, Providing For a Secured Investment.

In Cooperation With Sands Investment Group Atlanta, LLC - Lic. #67374 BoR: Andrew Ackerman - Lic. GA #311619

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
2,500 SF
Building Class
C
Year Built
2024
Price
£2,317,262
Price Per SF
£927
Net Initial Yield
6%
NOI
£139,036
Tenancy
Single
Number of Floors
1
Building FAR
0.06
Lot Size
0.98 AC
Opportunity Zone
Yes

MAJOR TENANTS

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease Type
  • Lease End
  • Starbucks
  • Accommodation and Food Services
  • 2,500 SF
  • £55.61
  • Double Net
  • Sep 2034
Tenant Industry SF OCCUPIED RENT/SF Lease Type Lease End
Starbucks Accommodation and Food Services 2,500 SF £55.61 Double Net Sep 2034

Nearby Major Retailers

Anytime Fitness
Piggly Wiggly
Ellianos Coffee
Waffle House
Western Sizzlin
Huddle House
Buddy's Home Furnishings

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0039C03601
Land Assessment
£257,892
Improvements Assessment
£436,154
Total Assessment
£694,046
  • Listing ID: 32130834

  • Date on Market: 14/06/2024

  • Last Updated:

  • Address: 110 Alabama Road, Adel, GA 31620

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