2916 Eaglecrest Dr Emporia, KS 66801-6185
- Drive through restaurants
- 1,558 SF
- 0.52 lot acres
Current Use by Public Records
- Starbucks / Internet Cafe / Breakfast Restaurant
- Starbucks Reserve Roastery / Coffee Store
Property Details for 2916 Eaglecrest Dr
- Year built
- 2004
- Construction
- FRAME
- Lot size
- 0.52 lot acres
- Property size
- 1,558 SF
- Property type
- Drive through restaurants
- APN
- 193-05-0-30-02-011.01-0
- APU
- 1930503002011010
Description
This Emporia, Kansas, Starbucks presents a compelling investment opportunity. A newly renovated, 1,600 square foot building sits on a 0.68-acre lot, boasting a 10-year net lease with a credit-rated corporate guarantor, Starbucks Corporation. The lease commenced July 1, 2024, and includes four, five-year renewal options. Located in a high-traffic area with convenient interstate access, this property offers below-market rent and a strong 6.00% cap rate. Built in 2004 and renovated in 2024, this Class A property enjoys 100% occupancy and is the only standalone Starbucks within a 70-mile radius. The property is situated amongst other national retailers, ensuring high visibility and consistent customer traffic. This fee-simple ownership offers a secure, long-term investment with significant upside potential.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Emporia
- County
- Lyon
- State
- Kansas
- Longitude
- -96.2187
- Latitude
- 38.4221
- CBSA code
- 21380
- CBSA name
- EMPORIA, KS MICROPOLITAN STATISTICAL AREA
