Statesboro, GA Starbucks

151 Tormenta Way, Statesboro, GA
Lease Type NN+
Cap Rate 5.25%
Building Size 2,500 SF
NOI $167,500
Land Area 1.36 AC
Remaining Term 10 Years and 6 Months
Status Active
Property Highlights

Atlantic Capital Partners has been exclusively engaged to solicit offers for the sale of this new 10 Year NN+ lease with Starbucks in Statesboro, GA. Starbucks is open for business and will commence paying rent August 20, 2024 after their free rent period expires and has fixed 10% rental increases every 5 years during the base term and option periods. The seller will provide a rent credit to cover the period between closing and rent commencement.

  • Outparcel to New Publix Anchored Center
  • New 10-Year NN+ Starbucks Lease
  • Rare College Town Location
  • In the Path of Growth
  • Investment Grade Credit
  • Inflation Hedge
  • Depreciation
  • 2024 Construction with Roof Warranty