Property Name

Starbucks - Edmond, OK

GLA 2,225 SF

Property Description

SHOP Companies is pleased to offer for sale to qualified investors the opportunity to purchase a new construction, net leased Starbucks located in Edmond, Oklahoma (“the Property”). The Property consists of a 2,225 SF building on a 0.77-acre parcel. Starbucks has signed a new 10-year lease that includes 8.50% rental escalations every 5 years.

The Property is situated in an affluent, rapidly developing, suburban area, with high traffic counts and an average household income of over $143K. Other new construction at the intersection includes a 292-unit apartment complex, 7-Eleven, JackBe Grocery, Taco Bell, Pub W, and a proposed new elementary school.

The Property is located next to Rose Creek Neighborhood and Golf Club, which boasts average home values of over $1M, and which has recently completed multi-million-dollar renovations to the golf course and clubhouse. Starbucks is the largest coffee retailer in the world with over 33,000 locations in 83 countries.