For Sale
$2,390,608

8871 Florida Blvd Baton Rouge, LA 70815

High-quality, 10-year Starbucks NNN lease.

Overview

Added:
Jan 24
Days on market:
91
This exceptional investment opportunity presents a newly constructed (2023) Starbucks located at 8871 Florida Blvd, Baton Rouge, LA 70815. The 2,165 square foot building sits on a 0.78-acre lot and boasts a new 10-year lease, corporately guaranteed by Starbucks (NASDAQ: SBUX), a company rated BBB+ by S&P. This is a prime location adjacent to a brand new 3.5 million square foot Amazon fulfillment center and a recently renovated, high-performing Raising Cane's. The property benefits from excellent visibility and access, situated directly off Florida Blvd and Airline Hwy, with combined daily traffic exceeding 96,000 vehicles. The surrounding area is a dense retail trade area with over 200,000 residents within a 5-mile radius. The property's net operating income is $137,460, making it an attractive investment opportunity. The sale price is $2,390,608. This is an Investment NNN property.

Highlights

  • High-quality, 2023 construction Starbucks with a new prototype design.
  • 10-year corporate lease guaranteed by SBUX (BBB+ S&P rating).
  • Prime location near Amazon fulfillment center and high-traffic intersection.

Property Details for 8871 Florida Blvd

Property type
Retail properties
Square Feet
2,165 SF
Price / Square Foot
$1,104.21
Year Built
2023
Buildings
1
Stories
1
Elevators
N/A
Net Rentable (sq. ft)
2,165 SF
Lot Size (sq. ft)
33,976 SF
Net Operating Income
$137,460

Location Insight

City
Baton Rouge
County
State
Louisiana

FAQs

What type of property is this?
Retail property - High-quality, 10-year Starbucks NNN lease.
Where is the retail property located?
The property is located at 8871 Florida Blvd Baton Rouge, LA.
What is the asking price?
The asking price for this property is $2,390,608.
What are key features of this property?
This property features: High-quality, 2023 construction Starbucks with a new prototype design.; 10-year corporate lease guaranteed by SBUX (BBB+ S&P rating).; Prime location near Amazon fulfillment center and high-traffic intersection.
How can I contact the broker?
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8871 Florida Blvd
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