15548 Olive BlvdChesterfield, MO 63017

This exceptional investment opportunity presents a brand-new, 2,030 square foot Starbucks located at 15548 Olive Blvd, Chesterfield, MO 63017. Boasting a 10.1-year NNN lease (9 years remaining) with a credit-rated corporate guarantor (S&P: BBB+), this property offers a secure, passive income stream. The lease includes rent bumps of 8% in year six and 10% in option years, ensuring future income growth. The property sits on a 1.13-acre lot with 27 parking spaces and benefits from excellent visibility and access just off Highway 64, experiencing 139,000 vehicles per day. Built in 2023, the building features a brand-new roof with a 20-year manufacturer's warranty. The property's strong financial performance is reflected in a 6.00% cap rate and a net operating income (NOI) of $183,624. The surrounding area is experiencing significant growth, with nearby developments totaling $2.5 billion, including the Wildhorse Village and Downtown Chesterfield projects. This prime location is served by a substantial daytime population and benefits from proximity to major employers, including Mercy Hospital, Parkway School District, and Maryville University. The asking price is $3,060,000, translating to $1,507.39 per square foot. Four 5-year lease options further enhance the long-term value of this investment. The property is fee simple ownership.