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- LoopNet Team
1474 N State St
Greenfield, IN 46140
Starbucks - Greenfield, TN · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 9.75 Years Remaining on NN Lease with Corporate Guaranty | 4 Five-Year Options
- 7.5% Rent Increases Every 5 Years Providing a Strong Hedge Against Inflation
- Starbucks is the Largest Coffee Retailer in the World, With Over 40,000 Locations in 87 Countries
- 1.22 Acre Parcel Featuring More Than 330 Feet of Frontage | Larger Prototype - 2,540 SF | 20-Car Drive-Thru Stack Allowing For Optimized Traffic Flow
- Corporately Guaranteed Lease By Starbucks Corporation (NASDAQ: SBUX) with a Rating of “BBB+” By S&P – Over $36 Billion in Revenue in 2024
- Direct Access to I-70, Which Sees 56,000+ Vehicles Per Day; Frontage on State Rd-9 Sees 25,000+ VPD
PROPERTY FACTS
AMENITIES
- Drive Thru
ABOUT 1474 N STATE ST , GREENFIELD, IN 46140
New Construction | 9.75 Years Remaining on NN Lease with Corporate Guaranty | Four Five-Year Options | 7.5% Rental Increases Every Five Years Including Option Terms Larger Prototype – 2,540 Square Feet | No Kickout Clause Site Offers 20-Car Stacking with Two Additional Queue Spots After the Window Located in a Highly Trafficked Retail Corridor with Strong Performing National Retailers Nearby (Foot Traffic per Placer.ai): McDonald’s (96% Nationwide and 94% Statewide), Kroger (88% Nationwide), McAlister’s Deli (88% Nationwide), Aaron’s (87% Nationwide), Home Depot (95% Statewide), Chick-fil-A (97% Statewide), Walmart (95% Statewide), Planet Fitness (84% Statewide), Cracker Barrel (92% Statewide), and Tractor Supply (84% Statewide) Adjacent to McKenzie Plaza with Ace Hardware, McAlister’s Deli, Aaron’s, Jimmy Johns, Don Rigos, and AT&T | Next to McDonald’s Excellent Visibility on N State Street (25,839 VPD) Affluent Suburb of Indianapolis | Five-Mile Average Household Income is $93,144 | 23.7 Miles from Downtown Indianapolis Part of the Indianapolis MSA with over 2.1 Million Residents | Indianapolis is the 16th Largest City in the US | | Indiana was Ranked as the Best State to Start a Business by Forbes in 2023 | Venture Investments in the Indianapolis MSA Surpassed $1 Billion for the Second Consecutive Year in 2023 Investment-Grade Tenant | Starbucks is the World’s Largest Coffee Chain with over 40,000 Locations in 87 Countries | BBB+ Rating by S&P | 2024 Revenues were $36.2 Billion
PROPERTY TAXES
| Parcel Number | 30-07-29-400-001.003-009 | Improvements Assessment | $0 |
| Land Assessment | $139,400 | Total Assessment | $139,400 |
PROPERTY TAXES
