Number on Market
Average Remaining Term (Years)
Average Cap Rate
Starbucks Tenant Overview
Founded in 1971, Starbucks is an American multinational coffee company and coffeehouse chain headquartered in Seattle, Washington. The company operates more than 30,000 stores in over 80 countries, offering a wide range of coffee and food products.
Starbucks is known for its high-quality coffee and commitment to providing exceptional customer service. The company has a strong presence in the retail industry and has a proven track record of success. In addition to its flagship Starbucks stores, the company also operates and franchises Teavana, Evolution Fresh, and Princi locations.
In the 2021 fiscal year, Starbucks generated approximately $29.1B, a 23.57% increase from the previous year. This performance, along with the company’s strong brand loyalty, has earned it a credit rating of BBB+ from Standard & Poor’s. Starbucks’ global presence and focus on providing high-quality products make it a valuable tenant for any retail property.
|Credit Rating||S&P: BBB+|
|Annual Revenue 2021||+/- $29.1B|
|Locations (North America)||+/- 31,256|
|Average Starbucks Info|
|Number on Market||86|
|Average Remaining Term||8.80 Years|
|Average Cap Rate||4.69%|
|Average Building SF||3,918 SF|
|Average Lot Size||0.56 AC|
|AS OF 12/08/22|