Investment Overview
Here is your chance to own a Starbucks, a prestigious investment that will not last long.
Investment Highlights
- Unbeatable location
- 10% rental increases every five (5) years in the base term and throughout the four (4) five (5) year option periods
- Next scheduled rent increase on 11/15/2027
- Tenant responsible for taxes, utilities, insurance, HVAC, snow removal, and all interior/exterior non-structural portions of the premises
- Landlord responsible for roof, structure, and parking lot replacement; 25-year roof warranty in place
- Fargo ranked as one of the top coffee-drinking cities in the country, positioning the property for market success
- Situated between two high-traffic tenants, Sonic and Mammoth Car Wash
- Sonic pays $183,000 NNN annually, Mammoth Car Wash pays $264,000 NNN annually, indicating current lease rates for this investment property are below market
- Starbucks leases comparable properties in the metro for $140,000 to $160,000+ annually, highlighting potential for further rent growth