1826 Us Hwy 36, Urbana, OH 43078-9600

This exceptional investment opportunity presents a brand-new, 2024-built Starbucks with a drive-thru, situated on a 1.02-acre lot in Urbana, Ohio (43078). The property boasts 2,540 square feet and is currently under a 12.1-year net lease (expiring 12/31/2036) with a corporate guarantee from Starbucks, a Fortune 500 company with an S&P investment grade credit rating of BBB+. The lease includes 7.5% rent bumps every five years, ensuring consistent income growth. The property enjoys a prime location along a major retail corridor with daily traffic exceeding 17,000 vehicles, offering excellent visibility and accessibility. Its strategic placement within the Urbana Commons Retail Center, near Walmart, ALDI, Kroger, and other national retailers, further enhances its appeal. The property's proximity to Mercy Health Urbana Hospital and a planned residential development (Dugan Place) with hundreds of new housing units promises sustained customer traffic. The location near the Champaign County Fairgrounds also provides access to a significant annual influx of visitors. The property's strong financials include a 6.35% cap rate and a net operating income (NOI) of $168,500, making it an attractive addition to any portfolio. The asking price is $2,653,543, with a price per square foot of $1,044.70. This is a rare opportunity to acquire a high-quality, income-producing asset with a strong tenant and significant growth potential.