Freestanding Starbucks with
425 Henry Chapple Street Billings, MT 59102
For Sale
$3,600,000
New Starbucks with a drive-thru on a 10-year lease.
Property Size2,448 SF
Price / SF$1,470
Days on Market241
Property Features for 425 Henry Chapple Street
General Information
- Standard status
- Active
- Size
- 2,448 SF
- Property subtype
- Retail
Building Details
- Year Built
- 2025
Listing Agency:
Faris Lee Investments
(949) 933-7958
Listed By:
Scott De Young · License #CalDRE #01889050
(949) 933-7958
Source:
Farislee
Added: Nov 25, 2025
Changed: Jul 6
Last Checked: Jul 24 at 5:16AM
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 Faris Lee Investments
Investment Insights
Based on property information with market context.
This newly constructed, freestanding Starbucks property in Billings, Montana, is secured by a 10-year triple net lease with four, 5-year renewal options, potentially extending the lease term to 30 years. The lease includes 10% rental increases every five years. The property features a drive-thru, which generates approximately 50% more revenue than non-drive-thru locations. The property is located on a pad site with frontage on Shiloh Road (21,169 VPD) and Monad Road (7,842 VPD), near the on/off ramps for Interstate 90 (31,769 VPD). It is also located approximately half a mile from Shiloh Crossing, a shopping center with 5.4 million annual visitors anchored by Scheels and Kohl’s, and featuring tenants such as Chipotle and McDonald’s. The surrounding area has over 88,000 residents and 32,000 daytime employees, with an average household income exceeding $113,000 within a 5-mile radius. Billings is experiencing residential growth, with 2,670 new housing units added between 2020 and 2024, and capital investment projects, including a new $46 million City Hall and a $950 million hospital under construction. The Starbucks property is located in a prime retail corridor with high visibility. The new drive-thru Starbucks prototype generates 50% more revenue and supports 70% of sales through mobile, drive-thru, and delivery. The property size is 2,448 square feet.
Key Highlights
- Long‑term (10‑year) triple net lease with Starbucks Corporation (SBUX), a financially strong global brand.
- Desirable drive‑thru location generates approximately 50% more revenue than non‑drive‑thru locations.
- Attractive 10% rental increases every five years, providing a hedge against inflation and growing income stream.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Coffee shops
Similar Off Market Nearby
- City Brew Coffee — 100 S 24th St W, Billings, MT 59102
- Mountain Mudd Espresso — 300 S 24th St W, Billings, MT 59102
- City Brew Coffee — 50 24th St W, Billings, MT 59102
- T-Boba (Authentic Taiwanese Milk Tea) — 300 S 24th St W, Billings, MT 59102
- Starbucks — 2601 Central Ave, Billings, MT 59102
FAQs
What type of property is this?
Coffee shop - New Starbucks with a drive-thru on a 10-year lease.
Where is this coffee shop located?
The property is located at 425 Henry Chapple Street Billings, MT.
What is the asking price?
The asking price for this property is $3,600,000.
What are key features of this property?
This property features: Long‑term (10‑year) triple net lease with Starbucks Corporation (SBUX), a financially strong global brand.; Desirable drive‑thru location generates approximately 50% more revenue than non‑drive‑thru locations.; Attractive 10% rental increases every five years, providing a hedge against inflation and growing income stream.
