27825 Wesley Chapel Blvd Wesley Chapel, FL 33544

Exceptional investment opportunity: A brand-new, 2,500 square foot Starbucks in Wesley Chapel, Florida, built in 2023. This single-tenant, net-lease property boasts a 10-year lease with a corporate guarantee from Starbucks (S&P BBB+), offering significant long-term stability. The property is situated on 1.1 acres with a drive-thru, providing excellent visibility and accessibility. Located on Wesley Chapel Boulevard (18,500 vehicles per day) with direct access to I-75 (113,000 vehicles per day), it benefits from high traffic counts and strong demographics. The area features a high average household income ($109,000 within a 5-mile radius) and a rapidly growing population (80,000+ residents) fueled by significant residential development projects. The property's strategic location within a dense retail corridor, near major retailers like Publix, Walmart, and numerous car dealerships, ensures consistent customer traffic. The lease includes 10% rent escalations every five years and six five-year renewal options, providing further long-term value. The asking price is $3,770,527, representing a 5.50% cap rate and a NOI of $207,379. This is a 1031 exchange eligible property. This investment offers a compelling combination of a strong tenant, prime location, and attractive financial terms, making it an ideal addition to any portfolio.