Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
2024
Sq.Footage
N/A
Brand-new Starbucks flagship property in a premier Utah corridor, offering a NN+ investment with one of the world's most recognized brands. Completed in 2024, this first-of-its-kind drive-thru concept is positioned at a high-visibility, high-traffic I-15 / I-84 interchange, delivering unparalleled access for commuters and travelers alike. The asset features a 10-year initial term with four 5-year renewal options extending through 2055, coupled with a 60% total rent increase across the term and built-in rent growth to hedge against inflation. The investment is secured by Starbucks corporate with a proven 50+ year operating history, ensuring stable current income and substantial appreciation potential as cap rate expands from 4.86% to 7.83% over the lease term. Co-located with McDonald's, this premier quick-service restaurant (QSR) asset offers portfolio diversification and a truly passive, institutional-quality opportunity backed by a global brand leader. Ownership is fee simple, granting full control of a premium corner location and immediate scale within a growing market. With exceptional visibility, access, and a premium corner site, this Starbucks property is designed to deliver durable income, inflation protection, and significant long-term upside.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
NO
-
Cooling
None
-
Fireplace YN
NO
-
Heating YN
NO
-
Heating
None
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Parking
Paved
-
Pool
No
Area & Lot
-
Lot Size(acres)
0.79
-
Property Type
Commercial Sale
-
Property Sub Type
Retail
Price
-
Sales Price
$2,879,997
-
Tax Amount
3067.0
-
Zoning
MU
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
NO
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Senior Community YN
NO
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Location
County
Weber
Elementary School
Middle School
High School
Listing Courtesy of Aaron M McCrady , Crest Realty LLC
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