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For Sale

Starbucks

4480 26th Avenue Southwest,
Fargo, ND 58103

Asset Snapshot

Offering Summary

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

How it Works

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Listing Syndicated From

Buildout
For Sale
$2,250,000
Asking Price