AlgoCap Notes
Free-Standing Starbucks NNN Property. This offering presents the great opportunity to acquire a newly constructed, drive-thru/pickup asset (pandemic proof), located within an established and growing retail corridor with highway access and frontage being leased to an investment-grade, industry-leading tenant.
Starbucks Corporation is an American global coffee company and coffeehouse chain based in Seattle, Washington. Starbucks was founded in 1985 as a local coffee bean roaster and retailer and has grown into the largest coffeehouse company in the world. There are 33,000+ Starbucks stores in
76 countries, including 15,041 in the United States.
Ideal 1031 Exchange Property – The property benefits from a long-term Absolute NNN numerous options to extend, providing an out-of-state investor with a secure, long-term, and management-free investment opportunity
Cryptocurrency Purchase – Transaction can be structured using Bitcoin, Ethereum and other types of Cryptocurrency. AlgoCap is experienced in structuring commercial real estate transactions in Bitcoin and other cryptocurrency.
Description
Current NOI: | $123,500 |
Type: | Absolutely NNN Lease |
Lease Term: | 10 Year Lease |
Real Estate Taxes: | Payable by Tenant |
Lease Expiration: | 2032 |
Parcel Size: | 1.14 Acres |
Guarantee: | Corporate / Credit A Investment Credit Rating |
Maintenance: | Tenant pays for all operating costs and expenses |