Tenant Profiles

Starbucks

B+E > B+E INSIGHTS > Tenant Profiles > Starbucks

02/29/2024 By B+E

Starbucks

starbucks.com

127
Number on Market

$2.6M
Average Price

9.4
Average Remaining Term (Years)

5.30%
Average Cap Rate

Starbucks Tenant Overview

Founded in 1971, Starbucks is an American multinational coffee company and coffeehouse chain headquartered in Seattle, Washington. The company operates more than 35,700 stores in over 80 countries, offering a wide range of coffee and food products.

Starbucks is known for its high-quality coffee and commitment to providing exceptional customer service. The company has a strong presence in the retail industry and has a proven track record of success. In addition to its flagship Starbucks stores, the company also operates and franchises Teavana, Evolution Fresh, and Princi locations.

Tenant Data:

Company	Starbucks
Ownership	Public
Headquarters	Seattle, WA
Ticker	NASDAQ: SBUX
Credit Rating	BBB+ (S&P)
Annual Revenue 2021	$32.2B (2022)
Locations (North America)	± 35,711
Regions	Worldwide
Website	starbucks.com

Average Starbucks Info
Number on Market	127
Average Price	$2,640,404
Average Remaining Term	9.4 Years
Average Cap Rate	5.30%
Average NOI	$138,482
Average PPSF	$1,116
Average Building SF	23,390 SF
Average Lot Size	0.95 AC
AS OF 07/25/2023