Starbucks: Benton, AR
2,225 SF | 100% Leased | Retail Building | Benton, AR 72015 | $2,521,739 ($1,133/SF) | 5.75% Cap Rate
For Sale
Active
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
Asking Price $2,521,739
- Property Type
-
Retail, Restaurant
- Square Feet
- 2,225 SF
- Price / Square Foot
- $1,133
Listing Contacts
Christopher Bosworth
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Thomas Carr
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Brian Pfohl
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Nick Garavaglia
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Paul Fusz
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Kaitlyn Wolf
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Leah Lindell
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Abby Kelly
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- Property Info
Property Overview
CBRE is pleased to exclusively offer for sale the 2,225-square-foot Starbucks situated on 0.91 acres in Benton, AR—a component of Little Rock–North Little Rock–Conway, AR MSA (Population: 750,936). Commenced in June 2023, Starbucks’ net lease features ±9.1 years of term remaining with 7.5% rent increases in year 6 and in each of the four 5-year renewal options.
Property Details
- Class
- C
- Year Built
- 2023
- Stories
- 1
- Lot Size (sq. ft)
- 39,640 SF
Highlights
- Investment Grade Tenant (S&P: BBB+)
- ±9.1 years of term remaining with 7.5% rent increases in year 6 and in each of the four 5-year renewal options.
- New Construction (Commenced in June 2023)
- 20 Miles to Little Rock, AR via I-30 (92,000 VPD)
- One of two stand-alone Starbucks locations in Benton, AR
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