Brand New Starbucks
For Sale
Contact for pricing
4339 Broadway Street, Mount Vernon, IL 62864
Brand new Starbucks featuring parking and a drive-thru, offered with a corporately guaranteed double-net lease.
Property SizeContact for details
Days on Market121
Property Features for 4339 Broadway Street
General Information
Standard status
Active
Property subtype
Retail
Site & Location
Traffic Count
24,000 vehicles/day
Highway Access
Yes
Road Access
Yes
Listing Agency:
CBRE - Philadelphia Suburban
(484) 567-2340
Listed By:
Michael Shover · License #PA RS297166
Source:
Crexi
Added: Apr 10
Changed: Aug 8
Last Checked: Jul 21 at 12:37PM
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 CBRE - Philadelphia Suburban
Investment Insights
Based on property information with market context.
This is a brand new Starbucks property built for a 10-year double-net lease with minimal landlord responsibilities. The lease includes a 10% rental increase in year six and again during each option period. Starbucks Corporation provides the corporate guarantee, and the tenant is described as investment grade rated A- by Standard & Poor’s. The new construction component is positioned as reducing deferred maintenance going forward.
The site provides frontage on Broadway Street with access and visibility, with traffic counts cited in the offering of over 24,000 vehicles per day. The property is also described as located at the on/off ramps of Interstate 57, with over 37,000 vehicles per day, and just south of I-64. Nearby retail and lodging context is described as including national retailers and multiple hotels/motels, with Broadway Street characterized as the main retail corridor and throughway in Mount Vernon, Illinois.
The site provides frontage on Broadway Street with access and visibility, with traffic counts cited in the offering of over 24,000 vehicles per day. The property is also described as located at the on/off ramps of Interstate 57, with over 37,000 vehicles per day, and just south of I-64. Nearby retail and lodging context is described as including national retailers and multiple hotels/motels, with Broadway Street characterized as the main retail corridor and throughway in Mount Vernon, Illinois.
Key Highlights
- Brand new construction Starbucks property in Mount Vernon, IL.
- 10‑year, double net lease structure with minimal landlord responsibilities or expenses.
- Rent increases: 10% in year 6 and during each four- and five‑year option period.
Property Analytics
Current Use
Lease Details
24,000 VPD
Traffic count
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
556
Businesses Nearby
12k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Apparel 56%
Shops & Services 44%
Cato
Apparel
6,600 visits/mo
0.5 miles
Pet Supplies Plus
Shops & Services
5,111 visits/mo
0.4 miles
Demographics for 62864, IL
23,327
Population
11,105
Households
2.1
Avg Household Size
41
Median Age
21%
College-Educated
94%
High-School Grad
143.0 sq mi
ZIP Area
163
Density / Sq Mi
$58,082
Median Household Income
$36,440
Median Earnings
$882
Median Rent
$117,600
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
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Similar Off Market Nearby
- Kickstart Coffee — 413 S 42nd St, Mt Vernon, IL 62864
- Starbucks — 415 S 42nd St, Mt Vernon, IL 62864
- 7 Brew Coffee — 4105 Broadway St, Mt Vernon, IL 62864
- Starbucks — 4323 Broadway St, Mt Vernon, IL 62864
Frequently Asked Questions
What type of property is this?
Coffee shop - Brand new Starbucks featuring parking and a drive-thru, offered with a corporately guaranteed double-net lease.
Where is this coffee shop located?
The property is located at 4339 Broadway Street Mount Vernon, IL.
What are key features of this property?
This property features: Brand new construction Starbucks property in Mount Vernon, IL.; 10‑year, double net lease structure with minimal landlord responsibilities or expenses.; Rent increases: 10% in year 6 and during each four- and five‑year option period.
