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Tenant Profiles

Starbucks

B+E > B+E INSIGHTS > Tenant Profiles > Starbucks
01/23/2023 By B+E

Starbucks

starbucks.com

starbucks logo

86
Number on Market

$2.7M
Average Price

8.80
Average Remaining Term (Years)

4.69%
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.

starbucks net lease

Tenant Data:

Company Starbucks
OwnershipPublic
HeadquartersSeattle, WA
TickerNASDAQ: SBUX
Credit RatingS&P: BBB+
Annual Revenue 2021+/- $29.1B
Locations (North America)+/- 31,256
Websitewww.starbucks.com
Average Starbucks Info
Number on Market86
Average Price$2,700,000
Average Remaining Term8.80 Years
Average Cap Rate4.69%
Average NOI$126,436
Average PPSF$689.12
Average Building SF3,918 SF
Average Lot Size0.56 AC
AS OF 12/08/22

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