Starbucks Drive-Thru
Single-Tenant Offerings
Starbucks Drive-Thru
7283 Bonny Oaks Dr.
Chattanooga, TN
- Price:
- $2,698,000
- Cap Rate:
- 6.30%
- NOI:
- $170,000
- Rentable SQFT:
- 2,465 SF
- Year Built:
- 2025
- Lot Size:
- 1.01 +/- Acres
- Lease Type:
- NN+ (Tenant Self-Maintains)
- Status:
- Available
Investment Highlights
- New 10-Year Corporate Lease with No Early Termination Clause
- Rare Self-Maintain Lease, Tenant Responsible for All On-Going Maintenance Directly
- 10% Rental Increases Every 5 Years in the Base Term and Options
- Investment Grade Credit Tenant (Rated BBB+ by S&P), Ranked #125 on Fortune 500
- Largest Coffeehouse Chain Globally with 41,000+ Stores in 88 Countries
- New Prototype Generates 50% More Revenue and Supports 70%+ of Sales Through Mobile, Drive-Thru, and Delivery
- Serving Over 96,000 Residents in One of the Fastest-Growing Submarkets of Chattanooga
- Average Household Income Exceeds $94,000 in 3 Miles and $102,000 in 5 Miles
- Across from $4.3+ Billion Volkswagen Production Plant (5,500+ Employees), Hub for North American EV Assembly
- Directly Across from 1 Million SF Amazon Distribution/Fulfillment Center (2,000+ Employees)
- Just Off I-75 with 110,000+ Cars/Day, One of the Main North/South Highways on the East Coast
- Strong Daytime Population, More Than 73,000 Employees in the Primary Trade Area
- Centrally Located Between Chattanooga State Community College (7,000+ Students) and West of Southern Adventist University (2,900+ Students)
- Surrounded by Several K-12 Schools (8,000+ Students)
- Tax Free State, No State Income Tax in Tennessee
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