• S&P 500: 6204.95 +31.88 +0.52%

    Dow 30: 44094.77 +275.50 +0.63%

    Nasdaq: 22870.5 -22.75 -0.1%

    Bloomberg Barclay High Yield: 0 0.00 %

    JP Morgan Emerging Market Bonds: 92.62

    Bloomberg Barclays Muni Index: 44.67

    Crude Oil: 64.75 -0.36 -0.55%

    Gold: 3332.5 +24.80 +0.75%

    Copper: 5.093 +0.01 +0.2%

  • US 5-Yr Treasury: 3.795 -0.03

    US 10-Yr Treasury: 4.23 -0.05 -1.17%

    US 30-Yr Treasury: -0.07 -1.44%

    Federal Discount Rate: 4.50%

Property ID: 31209

Starbucks


City: Alton

State: IL

Date Added 07/29/2023 Date Updated 04/05/2024

FINANCIAL PROFILE

  • Price $2,217,000
  • NOI $127,500
  • Cap Rate 5.75%
  • Price PSF N/A
  • Rent PSF N/A

PROPERTY OVERVIEW

  • Type of Ownership
  • Year Built 0000
  • Year Remodeled
  • Gross Leasable Area (GLA)
  • Building Size (SFT) 2225
  • Lot AC
  • Tenancy

LEASE ABSTRACT

  • Lease Type NN
  • Years Remaining 15
  • Guarantor
  • Initial Term Increases 7.50% in Year 6; 15.56% in 1st Option; 7.50% in Op
  • Initial Term Lease Begin
  • Initial Term Lease Expiration 01/01/1970
  • Renewal Options Three, 5-Year
  • Option Increases
  • Rent Holidays

DEMOGRAPHICS

Population

1-Mile 3-Mile 5-Mile
3,269 34,119 52,247

Average Household Income

1-Mile 3-Mile 5-Mile
$55 $75 $78

VEHICLES PER DAY

22500

COMPANY

Starbucks Corporation is the leading roaster, retailer, and marketer of specialty coffee in the world. Its operations include upwards of 7,300 coffee shops and kiosks in the United States, and nearly 3,000 in 34 other countries, with the largest numbers located in Japan, Canada, the United Kingdom, China, Taiwan, South Korea, the Philippines, Thailand, Malaysia, Mexico, Australia, Germany, and New Zealand.

LOCATION

'