Starbucks – Zanesville

Zanesville, Ohio

Offering Summary

  • Status: just listed
  • Price: $1,992,000
  • CAP Rate: 6.25%
  • GLA: 2,182 SF
  • Net Operating Income: $124,500
  • Lot Size (Acres): 0.73
  • Lease Type: NNN
  • High-Performing Location —Starbucks ranks in the top 10% nationally / top 13% percentile statewide (per Placer.ai)
  • Newest 2023 Construction — Recently completed to Starbucks’ latest freestanding prototype, featuring the high-volume drive-thru format that has driven the brand’s post-pandemic sales growth.
  • Corporate Net Lease with ~7 Years Remaining — Secured by a 10-year lease guaranteed directly by Starbucks Corporation, with limited landlord responsibilities and predictable, passive income.
  • Investment-Grade Credit — Backed by a corporate guaranty from Starbucks Corporation (NASDAQ: SBUX), rated BBB+ by S&P, providing institutional-quality tenancy and financial stability.
  • Built-In Rent Growth — Contractual 10% rental increases every five years, including throughout all four five-year renewal options, offering a clear inflation hedge and rising residual value.
  • Prime I-70 Interstate Frontage — Direct visibility and access along one of the nation’s most heavily traveled east-west corridors, connecting Columbus to key Midwest and East Coast markets – VPD 56,000+ at Exit Ramp
  • Monument Pylon Sign Visible from the Interstate — Primary E/W Interstate Serving Central Ohio
  • High Hotel Density — Five nationally branded hotels within a one-block radius drive consistent daily foot and vehicle traffic, a natural morning-daypart customer base for coffee and breakfast.
  • Columbus Growth Market — Located roughly 50 miles east of Columbus, among the fastest-growing metros in the Midwest, home to five Fortune 500 companies and Intel’s semiconductor investment.
  • Minimal Management, Passive Ownership — NNN lease structure with the landlord responsible only for roof and structure, delivering a largely hands-off profile ideal for 1031 and passive investors.
EXCLUSIVELY LISTED BY:

Erin Patton

Senior Managing Director