2479 Hl Rd, Flint, MI 48507-3883

This fee-simple ownership opportunity presents a newly constructed, 2,289 square-foot Starbucks in Flint, Michigan. The property boasts a 10-year net lease with four 5-year renewal options, providing long-term stability and minimal landlord responsibilities. The lease is corporately guaranteed by Starbucks, a credit-rated entity. Located on West Hill Road (16,400+ vehicles per day), this property benefits from high visibility and excellent access, situated across from a Meijer and near other national retailers. The 0.54-acre lot features drive-thru accessibility and outdoor seating. Rent increases by $2.00 per square foot every five years. The building, constructed in 2023, offers a 6.00% cap rate and a strong NOI of $107,583. Its proximity to US Highway 23 and Bishop International Airport further enhances its investment appeal. The asking price is $1,793,050, translating to $783.33 per square foot. This represents a compelling investment opportunity with significant upside potential.