3077 W Novell Bryant Hwy, Lecanto, FL

Listing agent Patrick Nutt License #FL BK3120739

Listing office SRS Real Estate Partners | Fort Lauderdale Show Phone

Listing date Oct 30, 2024

Source Moodyscre

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Overview

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.

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