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Trophy Starbucks

2577 Ulmerton Road | Clearwater, FL 33762

Contact Brokers

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Jim Shiebler, CCIM, CEC

First Vice President Investments

Jim.Shiebler@MarcusMillichap.com

(O) 239.340.7811
FL #SL3347780

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James Garner, CCIM
First Vice President Investments​James.Garner@MarcusMillichap.com
(O) 813.387.4796
FL #SL3273659

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James Medefind
Senior Vice President Investments
James.Medefind@MarcusMillichap.com
(O) 813-387-4788
FL #SL3216834

Highlights

  • New Lease Extension - Starbucks Exercised Renewal Early 

  • Iconic Brand – 29,000+ Locations - Pandemic & E-Commerce Insulated Product Type 

  • Rare Trophy Starbucks Location

  • Directly Across From Carillon Office Park with 5,000+ Daytime Employees 

  • Located at Signalized Intersection - Massive Traffic Count of Over 46,000 Cars and Just 1/8 Mile From an Additional 37,500 VPD

  • Located in the Densest County in Florida - Incredible Demographics: 807,419 Population Within 10 Miles & HH Income - $120,746 Within 1 Mile 

Description

Marcus & Millichap is pleased to present Starbucks, a rare opportunity for an investor to purchase a truly iconic brand with a proven track record of success in the market of Clearwater, FL. The subject property is located at a signalized intersection with a massive traffic count of over 46,000 cars per day. This rare trophy location is also located in the densest county in Florida with a 807,419 population within 10 miles. It is located directly across the street from the Carillon Office Park boasting 5,000+ employees daily. The recent early lease extension demonstrate Starbucks’ commitment to this location as well. The subject property has a variety of phenomenal core real estate drivers that ensure future appreciation and stability of the location.

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