Starbucks – Crestview, FL

Starbucks
4315 South Ferdon Boulevard, Crestview, FL 32536, USA

Sands Investment Group is pleased to exclusively offer for sale the 2,500 SF Starbucks located at 4315 South Ferdon Boulevard in Crestview, FL. This deal includes a long-term 15-year lease with limited landlord responsibilities. This is a brand new 2025 construction building with a 15-year roof warranty included, offering a secure investment opportunity.

  • Brand-New 2025 Construction: Newly built Starbucks featuring modern construction and a 15-year roof warranty, minimizing near-term capital expenditures.
  • Long-Term Net Lease: Stable long-term lease structure with limited landlord responsibilities, offering passive ownership and predictable cash flow.
  • Corporate Credit Tenant: Lease is corporately guaranteed by Starbucks Corporation (NASDAQ: SBUX), rated BBB+ by S&P, with $35B+ in annual revenue (2023) and a market capitalization exceeding $97B.
  • Industry-Leading Brand: Starbucks is the largest coffee retailer in the world, operating 40,000+ locations across 80 countries.
  • High-Traffic Retail Corridor: Located on South Ferdon Blvd (Highway 85) with traffic counts exceeding 50,645 vehicles per day, providing excellent visibility and accessibility.
  • Strong Interstate Connectivity: Positioned four blocks from Interstate 10, a major east-west corridor spanning 362+ miles across the Florida Panhandle.
  • Gateway to the Emerald Coast: Crestview sits 30 miles north of Destin, Florida, a premier Gulf Coast destination known for its white sand beaches and year-round tourism.
  • Dense National Retail Presence: Surrounded by major retailers and restaurants, including Chick-fil-A, McDonald’s, Texas Roadhouse, Lowe’s, Panda Express, Zaxby’s, Whataburger, Cracker Barrel, Applebee’s, Wendy’s, Popeyes, Arby’s, Waffle House, and more, reinforcing the area as a dominant retail hub.

In Cooperation With SIG RE Services, LLC – Lic. #CQ1055229 BoR: Andrew Ackerman – Lic. FL #BK3369953

Starbucks
4315 South Ferdon Boulevard, Crestview, FL 32536, USA

STARBUCKS

Since 1971, Starbucks Coffee Company has been committed to ethically sourcing and roasting high-quality Arabica coffee. Today, with more than 40,000 stores worldwide, the company is the premier roaster and retailer of specialty coffee in the world. Through our unwavering commitment to excellence and our guiding principles, we bring the unique Starbucks Experience to life for every customer through every cup. In everything we do, we are always dedicated to Our Mission: With every cup, with every conversation, with every community, we nurture the limitless possibilities of human connection.

Price

$4,266,667

Cap Rate

5.25%

PREMISES

2,500 SF

YEAR BUILT

2025

RENEWAL OPTIONS

5 x 5 Year Options

Lease Expiration

06/01/2040

Lease Type

NN

RENTAL INCREASES

5% Every 5 Years

BROKERS

List with SIG

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