1790 Black River BlvdRome, NY 13440

This exceptional investment opportunity presents a fee simple interest in a brand-new, 2,000 square foot Starbucks located at 1790 Black River Blvd, Rome, NY 13440. Built in 2023, this property boasts high-quality construction and finishes, reflecting the distinctive Starbucks design. The property includes 30 parking spaces and benefits from a prime location within Mohawk Acres Plaza, a grocery-anchored shopping center featuring Market32, ranked in the top 68% of US neighborhood centers by Placer.AI. Its strategic placement across from Rome Health, a 129-bed acute care hospital and 80-bed skilled nursing facility, ensures high visibility and consistent traffic. This is the only Starbucks within a 15-mile radius, capitalizing on a significant market demand. The property features a 10-year net lease with six 5-year renewal options, providing exceptional long-term stability. The lease includes 5% rental increases every 5 years, further enhancing the investment's return. The tenant, Starbucks, provides a corporate guarantee, rated BBB+ by S&P, mitigating risk. The asking price is $1,652,000, representing a 5.75% cap rate and a net operating income (NOI) of $95,000. The property is zoned for commercial use and has dual access from State Highway 46 (21,000 vehicles per day). This is a rare opportunity to acquire a low-rent, high-performing Starbucks in a strong market. The property's APN is 301301 224.013-0002-007.001.