Published on: Saturday, September 14, 2024
Updated on: Saturday, September 14, 2024
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About the Lister
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Name: Brian Kirksey
Company: Keller Williams Paint Creek
Office Phone: (248) 336-2086
Cell Phone:  
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Financing  Business  Material
  Exclusive Retail Storefront
910 S State St Big Rapids Michigan , 49307
910 S State St Big Rapids Michigan                                                                                            , 49307  Keller Williams Paint Creek
Listing ID: CL-Michigan-11197

Purchase Option

Acquisition Option: Traditional Purchase
Cap Rate (%): 5.25
Net Operating Income: Contact Lister
Commission Split (%): 0
Quick Glance
Listing ID: CL-Michigan-11197
Status: Sold
Financing: Third Party Financing
Occupancy: N/A
Year Build: 1957
Building Size: 1,631.00 SqFt
Lot Size: N/A
No of Stories: 1
No of Parking: N/A
Offer to Millionaire Club: No
Business Available for Sale: No
Is Net Lease Investment: No
Property On Ground Lease: No
Building Status: Existing
Listing Summary
Introducing a premier investment opportunity: a high-performing Starbucks in Verona, Wisconsin, strategically positioned within a booming sub-market in the desirable Madison Metropolitan Statistical Area (MSA)
Complete Details
Year Build: 1957
Building Size: 1,631 SqFt.
No of Stories: 1
Total Lot Area: N/A SqFt.
No of Parking: N/A
No of Total Units: 1
Property Current Status: Normal Sale
Building Status: Existing
Heating and Cooling: Not Specified
Building Class: Not Specified
Property on Ground Lease?: No
Net Lease Investment?: No
Business Price Included?: No
Roofing: Not Specified
Occupancy: 0%
Full Description
Introducing a premier investment opportunity: a high-performing Starbucks in Verona, Wisconsin, strategically positioned within a booming sub-market in the desirable Madison Metropolitan Statistical Area (MSA). This triple net lease (NNN) property is backed by a corporate tenant with investment-grade credit, providing long-term security and minimal landlord responsibilities. This newly constructed Starbucks (built in 2022) boasts a 15-year roof warranty, adding further value and peace of mind for investors. Ranked in the top 24% of Starbucks locations in Wisconsin and top 27% nationwide, this location also holds the #2 spot within its trade area, making it a prime destination for both locals and commuters alike. Key factors driving the success of this location include its strategic placement directly across from Verona Area High School, serving over 1,700 students, and its proximity to the 1,100-acre Epic Systems campus, just 1.5 miles away, which attracts a large, affluent, and educated workforce. Verona itself is one of Wisconsin's fastest-growing cities, contributing to the high demand for quality retail and dining experiences. This Starbucks offers investors a rare chance to acquire a high-performing, corporate-leased asset in a thriving area with substantial long-term growth potential.
Additional Properties
Property Highlights
  • High Visibility!
  • Seller Financing with $150,000 Down!
  • Walking Distance to Ferris State University!
Features
  • Power: 200 amps
  • Ceiling Height: 10 ft
  • Zoning: C-3
  • Gerald R. Ford International Airport - 1 Hour 2 Minute Drive
  • Big Rapids, a city within Mecosta County, is home to over 10,000 residents
  • Mecosta County is home to over 40,000 residents
Listing Location
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5218 S Florida Ave , Lakeland Florida                                                                                              33813
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2925 Barrington Road , Hoffman Est Illinois                                                                                             60192
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3805 80th Street, , Kenosha Wisconsin                                                                                            53142
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2440 W Thomas Rd , Phoenix Arizona                                                                                              85015
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Created On: 6/12/2025
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3178 E Camelback Rd , Phoenix Arizona                                                                                              85016