Description

DuWest Realty Investment Services is pleased to present the opportunity to acquire
Starbucks in Jacksonville, Florida (“the Property”). The Property is a corporately backed
NN lease, landlord responsible for roof and structure, with a 10-year primary term and
six, five-year options. The building recently finalized construction and rent will
commence on March 16, 2026. The Property benefits from a prime location with
frontage along Beach Boulevard, providing visibility and access to 52,500 vehicles per
day.

Starbucks is a popular, multinational operator of coffee house and roastery reserves
headquartered in Seattle, Washington. The company currently has 40,990 locations
around the world, making Starbucks the definitive global leader of the consumer coffee
industry. Since going public in 1992, Starbucks’ stock, (NYSE:SBUX), has climbed to
$96.80 per share with a market cap of $110.34 billion. In 2025, Starbucks reported over
$37.18 billion in annual revenue.

The Property is located just east of the intersection of Kernan Boulevard South (13,700
VPD) and Beach Boulevard (52,500 VPD), with access and frontage along the latter.
Beach Boulevard serves as one of Jacksonville’s main east-west thoroughfares from the
city to the beach, ideally situating the Property to benefit from high volume commuter
& recreational traffic. Additionally, the Property draws from a dense & wealthy
demographic, with a population of 114,397 and average household income of nearly
$148,139 in a five-mile radius.

The acquisition of this Starbucks offers investors an outstanding 10-year corporate lease,
10% income increases every 5 years, and a highly visible, easily accessible location along
one of Jacksonville’s most heavily trafficked corridors. With minimal landlord
responsibilities and the backing of one of the world’s strongest retail brands, this
property represents an exceptional opportunity for investors seeking stable, long-term
income with upside potential.