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New Starbucks | Lowe's & Walmart Outparcel 3810 E Main St

2,134 SF Retail Building Blytheville, AR 72315 £1,802,772 (£845/SF) 6.15% Net Initial Yield

Investment Highlights

  • Brand-new (2024), state-of-the-art construction with Starbucks’ latest prototype
  • New, 20-year roof warranty to be transferred to Buyer, at Closing
  • Ideal market share | This is the only Starbucks in a 37-mile radius
  • Corporately guaranteed lease which is backed by BBB+, investment-grade credit (S&P)
  • Outparcel to Porter Commons | Lowe’s and Walmart Supercenter-anchored shopping center
  • Starbucks was ranked the #1 Most Valuable Restaurant Brand in the World for the 8th year in a row, according to Brand Finance (2024)

Executive Summary

PROPERTY HIGHLIGHTS
• Brand-new (2024), state-of-the-art construction with Starbucks’ latest prototype
• Corporately guaranteed lease which is backed by BBB+, investment-grade credit (S&P)
• Long-term lease with Starbucks, one of the most sought-after tenants in retail
• New, 20-year roof warranty to be transferred to Buyer, at Closing
• Adjacent to the #1 Burger King in the state of Arkansas (Placer)
• Outparcel to Porter Commons | Lowe’s and Walmart Supercenter-anchored shopping center
• Excellent access and visibility from Main Street which sees ±23,600 VPD
• Ideal market share | This is the only Starbucks in a 37-mile radius
• Site is walking distance to:
• I-55 which sees 31,800 VPD
• 8 different hotels/inns
• 3 different car dealerships
• Prominent retail tenants including Walmart, Lowe’s, McDonald’s, Wendy’s, Hardee’s, Ashley Store, Tractor Supply, T-Mobile, Burger King, Zaxby’s, Verizon, Hibbett Sports, Taco Bell, Anytime Fitness, Goodwill, Dollar Tree, Ollie’s Bargain Outlet, Citi Trends, Sonic, Pizza Hut, Little Caesars, Fast Pace Urgent Care, AutoZone, Dollar General, among others
• U.S. Steel recently invested $3B for a next-generation steelmaking facility that will be the most advanced in North America and largest private project in the history of the state of Arkansas | Will be about 15 miles Southwest of the Subject Property
STARBUCKS’ HIGHLIGHTS
• Starbucks is highly ranked in several areas, including:
• #1 Most Valuable Restaurant Brand in the World for the 8th year in a row, according to Brand Finance (2024)
• #116 on Fortune 500 list (2024)
• #1 World’s Most Admired Company in the Food Services Industry for the 21st year in a row, according to Fortune Magazine (2024)
• Starbucks is the world’s largest coffee chain with 38,000+ locations in 76 countries | $36B+ in revenue in 2024

Property Facts

Sale Type
Investment NNN
Sale Condition
Design & Build
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,134 SF
Building Class
C
Year Built
2024
Price
£1,802,772
Price Per SF
£845
Net Initial Yield
6.15%
NOI
£110,891
Tenancy
Single
Number of Floors
1
Building FAR
0.04
Lot Size
1.20 AC
Parking
34 Spaces (15.93 Spaces per 1,000 SF Leased)

Nearby Major Retailers

Starbucks
Rent-A-Center
Anytime Fitness
Perkins

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
305-00214-254
Land Assessment
£24,825
Improvements Assessment
£0
Total Assessment
£24,825
  • Listing ID: 34213224

  • Date on Market: 16/12/2024

  • Last Updated:

  • Address: 3810 E Main St, Blytheville, AR 72315

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