Absolute NNN Starbucks
For Sale
Contact for pricing
Pending
10215 SE Stark St, Portland, OR 97216
Remodeled drive-through property leased to Starbucks under an absolute NNN structure.
Property SizeContact for details
Days on Market144
Property Features for 10215 SE Stark St
General Information
Standard status
Pending
Property subtype
Retail
Additional Details
Drive-Thru
Yes
Listing Agency:
Marcus & Millichap - Orange County
Listed By:
Blake Davey · License #CA 01994926
Source:
Crexi
Added: Apr 11
Changed: Aug 30
Last Checked: Aug 30 at 4:55PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Orange County
Investment Insights
Based on property information with market context.
This absolute NNN property is occupied by Starbucks and includes a drive-through restaurant building. The tenant has operated at the site for more than 16 years, and the building received a remodel in 2020. The lease has over 6.5 years remaining and includes fixed rent plus percentage rent tied to sales.
The property is located at 10215 SE Stark St in Portland, Oregon. Starbucks is a publicly traded company with an investment-grade BBB+ credit rating from Standard & Poor’s. The asset combines an established national coffee-shop tenant, a drive-through format, and a long operating history at the location.
The property is located at 10215 SE Stark St in Portland, Oregon. Starbucks is a publicly traded company with an investment-grade BBB+ credit rating from Standard & Poor’s. The asset combines an established national coffee-shop tenant, a drive-through format, and a long operating history at the location.
Key Highlights
- Absolute NNN lease with over 6.5 years remaining
- Starbucks has occupied the property for over 16 years
- Building remodel completed in 2020
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,763
Businesses Nearby
Explore this area
Business Placement
Demographics for 97216, OR
17,488
Population
7,235
Households
2.4
Avg Household Size
39
Median Age
33%
College-Educated
90%
High-School Grad
2.5 sq mi
ZIP Area
6,995
Density / Sq Mi
$71,951
Median Household Income
$42,537
Median Earnings
$1,390
Median Rent
$439,000
Median Home Value
Market
Vacancy Rate% for Retail in Portland, OR
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Remodeled drive-through property leased to Starbucks under an absolute NNN structure.
Where is this nnn property located?
The property is located at 10215 SE Stark St Portland, OR.
What are key features of this property?
This property features: Absolute NNN lease with over 6.5 years remaining; Starbucks has occupied the property for over 16 years; Building remodel completed in 2020
