Starbucks | New 10-Year Corporate Lease 8871 Florida Blvd

The subject property is a newly constructed Starbucks drive-thru located in Baton Rouge, LA. The brand new 10-year lease is corporately guaranteed by Starbucks and includes 10% rental increases every 5-years in the primary term and in the (4) five-year
option periods.
This brand new Starbucks is located in an extremely dense retail trade area directly in front of a brand new 3.5 million square foot Amazon Fulfillment Center and also adjacent to one of the top performing Raising Cane’s. Raising Cane’s is performing so well here they just renovated the store to increase their drive-thru and parking in order to keep up with high demand.
The site benefits from its excellent visibility and access right off Florida Blvd and Airline Hwy with combined traffic counts exceeding 96,000 vehicles per day. Within 5-miles of the subject property there are over 200,000 residents with an average household income exceeding $80,000 annually.
National retailers in the immediate vicinity include Amazon, Raising Cane’s, Burger King, Office Depot, Firestone, Family Dollar, Walmart, Lowe’s, Take 5 Oil Change, Sonic Drive-In, Wendy’s, Home Depot, O’Reilly Auto Parts, Jack in the Box, AutoZone, KFC, CVS Pharmacy, Dollar Tree, Dollar General, PetSmart, Planet Fitness, Circle K, Popeyes, McDonald’s, Discount Tire, and many more.