New Starbucks Investment
For Sale
$2,390,608
8871 Florida Blvd, Baton Rouge, LA 70815
New 10-Year Lease Corporately Guaranteed by Starbucks (NASDAQ: SBUX) – Rated BBB+ by S&P
Property Size2,165 SF
Lot Size0.78 Acres
Price / SF$1,104
Days on Market634
Property Features for 8871 Florida Blvd
General Information
Standard status
Active
Property type
Restaurants, Other retail properties, Individual retail properties, Retail properties & Spaces
Size
2,165 SF
Net Rentable
2,165 SF
Elevators
N/A
Lot size
0.78 Acres
Net Operating Income
$137,460
Building Details
Year Built
2023
Buildings
1
Stories
1
Listed By:
John R Wertz
(619) 218-6427
Added: Jan 24, 2025
Changed: Mar 16
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Investment Insights
Based on property information with market context.
This is an investment property featuring a newly constructed Starbucks, completed in 2023. The 2,165 square foot building is situated on a 0.78-acre lot and is under a new 10-year lease, corporately guaranteed by Starbucks, which holds a BBB+ rating from S&P. The property is located in Baton Rouge, Louisiana. The location is adjacent to a 3.5 million square foot Amazon fulfillment center and a recently renovated Raising Cane's. The property benefits from visibility and access, situated directly off Florida Blvd and Airline Hwy, with combined daily traffic exceeding 96,000 vehicles. The surrounding area is a dense retail trade area with over 200,000 residents within a 5-mile radius. The property's net operating income is $137,460.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
509
Businesses Nearby
57k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 56%
Dining 43%
Home Improvements & Furnishings 1%
Dollar Tree
Shops & Services
16,551 visits/mo
0.4 miles
Popeyes Louisiana Kitchen
Dining
11,178 visits/mo
0.2 miles
Chevron
Shops & Services
7,240 visits/mo
0.4 miles
Texaco
Shops & Services
4,868 visits/mo
0.2 miles
Smoothie King
Dining
4,701 visits/mo
0.2 miles
Demographics for 70815, LA
29,376
Population
12,060
Households
2.4
Avg Household Size
37
Median Age
30%
College-Educated
86%
High-School Grad
9.5 sq mi
ZIP Area
3,092
Density / Sq Mi
$55,804
Median Household Income
$36,158
Median Earnings
$984
Median Rent
$213,100
Median Home Value
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Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Restaurant - New 10-Year Lease Corporately Guaranteed by Starbucks (NASDAQ: SBUX) – Rated BBB+ by S&P
Where is this restaurant located?
The property is located at 8871 Florida Blvd Baton Rouge, LA.
What is the asking price?
The asking price for this property is $2,390,608.
