New Starbucks Drive-Thru Only | Highway Exit | 183 W Ohio Ave
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New Starbucks Drive-Thru Only | Highway Exit 183 W Ohio Ave
930 SF Retail Building Dover, OH 44622 $2,280,000 ($2,452/SF) 5.70% Cap Rate
Investment Highlights
- Brand New Construction Starbucks Drive-thru Only Store with 9.75 Years Remaining in Dover, OH
- Drive-thru Only Store, Opened in June 2023 – No Dining Room; Latest Prototype & Future of QSR Coffee Retail
- Highway-Exit Location: Just 0.25-Mile from I-77 Exit Ramps (39,266 VPD)
- Double-Net Lease with Minimal Landlord Responsibilities
- Developed as 2nd SBUX in Market to Relieve Traffic at Only Other Existing SBUX Location in Market (5 Miles S) which is the #1-Ranked Starbucks in OH
- 10% Rent Increases in Current Term and Options
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
930 SF
Year Built
2023
Price
$2,280,000
Price Per SF
$2,452
Cap Rate
5.70%
NOI
$130,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.03
Lot Size
0.64 AC
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 1505022012 | Improvements Assessment | $0 |
| Land Assessment | $1,006,960 | Total Assessment | $1,006,960 |
PROPERTY TAXES
Parcel Number
1505022012
Land Assessment
$1,006,960
Improvements Assessment
$0
Total Assessment
$1,006,960
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New Starbucks Drive-Thru Only | Highway Exit | 183 W Ohio Ave
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