Description
Freestanding, single-tenant Starbucks located in Brainerd, MN. The building was completed in 2021 with a ten-year net lease with 10% rental increases every five years with no early termination clause. The lease provides four, five-year renewal options. This is a rare opportunity to purchase a recently constructed Starbucks for less than $2 million. Centrally located in the Brainerd Lakes Area which is one of the fastest growing regions in Minnesota. This is a great opportunity to acquire a net lease property in the beautiful Brainerd Lakes Area that is backed by Starbucks Corporation (S&P: BBB+), the largest specialty coffee retailer in the world with over 34,000 locations throughout 75 countries.
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0BEDS
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0.57ACRES
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0BATHS
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01/2 BATHS
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Listing courtesy of Close-Converse Commercial Prop.Description
Freestanding, single-tenant Starbucks located in Brainerd, MN. The building was completed in 2021 with a ten-year net lease with 10% rental increases every five years with no early termination clause. The lease provides four, five-year renewal options. This is a rare opportunity to purchase a recently constructed Starbucks for less than $2 million. Centrally located in the Brainerd Lakes Area which is one of the fastest growing regions in Minnesota. This is a great opportunity to acquire a net lease property in the beautiful Brainerd Lakes Area that is backed by Starbucks Corporation (S&P: BBB+), the largest specialty coffee retailer in the world with over 34,000 locations throughout 75 countries.
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