About This Restaurant
Investment Highlights
Partially covered patio with fireplace Large interior caf? area Easy access and visibility on Gunnison's main thoroughfare Drive through access Ample parking
Executive Summary
Don't miss this chance to own a freestanding Starbucks with a drive-thru and partially covered patio in a prime location on Tomichi Avenue, Gunnison's main thoroughfare. The property, currently under construction, features a modern design, ample off-street parking, and cozy outdoor fireplace. The caf? is approximately 2,624 square feet situated on 0.53 acres of land directly on the route between Gunnison Crested Butte Airport and Crested Butte Ski Resort. Starbucks is set to open March 2024 with a ten (10) year primary term (no early termination) with 10% escalators every five (5) years and four (4) five (5) year options. This is a great chance to invest in a national brand with a loyal customer base and a proven track record of success.
Property Details
- Sale Type Investment NNN
- Property Type Retail
- Property Subtype Restaurant
- Building Size 2,624
- Building Class B
- Year Built 2024
- Price 2,700,000
- Price Per SF 1,029
- Cap Rate 5
- NOI 135,000
- Tenancy Single
- Building Height 1 Story
- Building FAR 0.11
- Land Acres 0.53 AC
- Opportunity Zone Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Amenities
- 24 Hour Access
- Corner Lot
- Fireplace
- Security System
- Signage
- Tenant Controlled HVAC
- Drive Thru
- Air Conditioning
| Date Created: | 2024-07-16 04:09:26 | Last Updated: | 2024-07-16 04:09:26 |
| Address: | 501 W Tomichi Ave , Gunnison, Colorado, 81230 | ||