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    3077 W Novell Bryant Hwy Lecanto, FL

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    For Sale
    $3,336,000

    New construction Starbucks with a corporate-backed long-term lease.

    Property size:
    2,555 SF
    Lot size:
    42.94 Acres

    Property Features for 3077 W Novell Bryant Hwy

    General Information

    Size
    2,555 SF
    Lot size
    42.94 Acres

    Source: SRS Real Estate Partners | Fort Lauderdale Agent Patrick Nutt

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    New Starbucks in Lecanto, FL

    This property features a newly constructed Starbucks building completed in 2024. The building incorporates high-quality materials, high-level finishes, and distinct Starbucks design elements. Starbucks has recently signed a new 10-year lease with options to extend for six additional 5-year terms, demonstrating a long-term commitment to the location. The lease is corporate-backed by Starbucks, a nationally recognized firm with an investment grade rating of BBB+ by S&P, and operates over 35,000 stores. The lease includes rental increases of 10% every 5 years and at the beginning of each option period. The property size is 2555 square feet.
    Location Intelligence

    Current Use by Public Records

    Coffee shops

    Map

    City
    Lecanto
    County
    Citrus
    State
    Florida
    Longitude
    -82.49
    Latitude
    28.93

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    FAQs

    What type of property is this?
    Coffee shop - New construction Starbucks with a corporate-backed long-term lease.
    Where is this coffee shop located?
    The property is located at 3077 W Novell Bryant Hwy Lecanto, FL.
    What is the asking price?
    The asking price for this property is $3,336,000.
    What are key features of this property?
    This property features: - Corporate lease signed by Starbucks (S&P: BBB+); - Brand new 10-year lease with 6 (5-year) options to extend; - 2024 construction with high-quality materials and finishes
    (954) 703-3600
    Request Owner's contact information
    3077 W Novell Bryant Hwy Lecanto, FL
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3077 W Novell Bryant Hwy Lecanto, FL
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