29925 FL-19 | Tavares, FL 32778
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- LoopNet Team
29925 FL-19
Tavares, FL 32778
Starbucks | 15-YR Lease | Publix OP · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Rare opportunity to own a hyper secure, newly constructed 15-YR Starbucks in Central Florida
- Prime location in front of high volume Publix and proximity to best in class traffic generators
- Fixed 10% increases every 5 years provide a hedge against inflation and consistent rent growth
- Lake County's population has surged by more than 17% since 2020 making it one of the fastest growing counties in Florida
- Starbucks has an investment grade credit rating and is the largest coffee provider in the World with over 35,700 stores
- Fee simple ownership of the building allows for depreciation boosting after tax returns
PROPERTY FACTS
Property Type
Retail
Property Subtype
Property Size
2,500 sq ft
Costar Property Class
B
Year Built
2025
Tenancy
Single
Number of Floors
1
Plot ratio
0.04
Total Plot Size
1.59 ac
Use Class
A - Agricultural
Parking
5 Spaces (2 Spaces per 1,000 sq ft Leased)
Frontage
44 ft on Florida 19
PROPERTY TAXES
| Parcel Number | 31-19-26-0004-000-01600 | Improvements Assessment | £73,887 |
| Land Assessment | £300,556 | Total Assessment | £374,443 |
PROPERTY TAXES
Parcel Number
31-19-26-0004-000-01600
Land Assessment
£300,556
Improvements Assessment
£73,887
Total Assessment
£374,443
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