Starbucks - Deltona, FL
2,630 SF | Retail Building | Deltona, FL 32725 | $3,883,000 ($1,476/SF) | 5.15% Cap Rate
For Sale
Active
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
Asking Price $3,883,000
- Property Type
-
Retail, Restaurant
- Square Feet
- 2,630 SF
- Price / Square Foot
- $1,476
Listing Contacts
Patrick Nutt
Verified Profile
William Wamble
Verified Profile
Robert Dillard
Verified Profile
Jarrett Slear
Verified Profile
- Property Info
Property Overview
Part of Deltona Village Mixed-Use Development (140 Acres)
Corporate Guaranty (S&P: BBB+)
No State Income Tax
The local trade area is anticipating a 1.88% YOY population increase from 2023-2038
2023 - Second Quarter Earnings Report Highlights:
During Q2 2023, U.S. comparable store sales increased 12%, driven by a 6% increase in comparable transactions and a 6% increase in average ticket
Opened 464 new stores in Q2 2023 (100+ in North America & 360+ internationally), 36,634 total locations
GAAP operating margin increase to 15.2% compared to 12.4% in the previous year
Corporate Guaranty (S&P: BBB+)
No State Income Tax
The local trade area is anticipating a 1.88% YOY population increase from 2023-2038
2023 - Second Quarter Earnings Report Highlights:
During Q2 2023, U.S. comparable store sales increased 12%, driven by a 6% increase in comparable transactions and a 6% increase in average ticket
Opened 464 new stores in Q2 2023 (100+ in North America & 360+ internationally), 36,634 total locations
GAAP operating margin increase to 15.2% compared to 12.4% in the previous year
Property Details
- Year Built
- 2023
- Stories
- 1
- Property Subtype
- Freestanding
- Lot Size (sq. ft)
- 37,462 SF
Highlights
- Directly Off Interstate 4 (93,000 VPD) | Strong Tenant Synergy | Drive-Thru Equipped | Excellent Visibility & Ease of Access
- Deltona Village Development (140 Acre) | Deltona High School | Amazon Distribution Expansion | Medical Center of Deltona
- Ideal Demographics Local Trade Area | Population Growth (YOY)
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