Listing Summary
Investment-Grade Credit: Starbucks Net Lease with 10% Increases, 429K Daytime Population
Full Description
Corporate-Backed Net Lease: New 2025 Starbucks Drive-Thru in High-Traffic Las Vegas
This is a rare opportunity to acquire a newly constructed (2025) Starbucks drive-thru offering exceptional corporate security in Las Vegas, Nevada. The investment features a brand-new 10-year lease fully guaranteed by Starbucks Corporation (S&P: BBB+), ensuring investment-grade credit strength.
The lease provides built-in income growth with 10% rent increases every five years throughout the primary term and option periods. This compact, modern, 900 SF drive-thru-only prototype is perfectly situated to capitalize on high-demand, convenient service.
Location Highlights: Situated at a prime, signalized hard-corner (3412 Boulder Highway), the property benefits from exposure to over 72,000 vehicles per day. It is strategically positioned just 7 miles from the Las Vegas Strip and 3 miles from downtown, placing it in the center of a robust retail corridor. The immediate area features major traffic drivers including Lowe’s, Smith’s Grocery, Walgreens, Planet Fitness, and the nearby Boulder Station Hotel & Casino. With limited direct competition and strong surrounding residential and commercial density, this Starbucks is a strategic, stable net lease asset in a dynamic market.
Quick Glance
- Listing ID:
CL-Nevada-26484
- Status:
Active
- Year Build:
2025
- Building Size:
900 SqFt
- Lot Size:
0.55 Acre