1398 Boone StKingsland, GA 31548

Exceptional investment opportunity: a high-performing Starbucks in Kingsland, Georgia, is available for purchase. This 2,250 square foot, single-story building, constructed in 2019, sits on a 0.75-acre lot and boasts a strong 6.01% cap rate. The property benefits from a 10-year net lease (NN+) with a corporate guarantee from Starbucks, a tenant with a proven track record. The lease commenced July 13, 2019, and has approximately 4.7 years remaining, with six 5-year renewal options. Rent increases by 10% every five years, ensuring consistent income growth. The property's prime location on a major thoroughfare, near other national retailers and major roadways (including Interstate 95), contributes to its exceptional performance, ranking in the top 7% of Starbucks nationwide. The property's high traffic count and proximity to Kings Bay Naval Submarine Base and Florida further enhance its investment appeal. The current Net Operating Income (NOI) is $147,770. This is a rare chance to acquire a top-performing asset with significant long-term growth potential. The asking price is $2,460,000.