Restaurant
New Construction Starbucks - Publix Outparcel
7680 103rd St, Jacksonville, FL 32210
Listing Price: $3,618,181
Investment Overview
Marcus & Millichap is pleased to present the opportunity to acquire a prime NN leased asset - A Starbucks located 7680 103rd St in Jacksonville, Florida. Starbucks has signed a brand-new 10-year lease with six additional 5-year extension options, reflecting a strong long-term commitment to this location. The property is newly constructed in 2025, utilizing premium materials and finishes, and is backed by general contractor warranties.
Strategically located on 103rd Street—one of Jacksonville’s most heavily trafficked corridors with over 49,000 vehicles per day—the site offers convenient ingress and egress via 103rd Street and through the adjacent Publix shopping center. The lease is corporately guaranteed by Starbucks (Nasdaq: SBUX), which carries a BBB+ credit rating from S&P.
Positioned as an outparcel to Publix, this site ranks in the top 40% of Florida locations according to Placer.ai. Starbucks is fully responsible for property maintenance, significantly reducing the landlord’s responsibilities (contact agent for full lease terms). The Jacksonville Downtown West submarket boasts a residential population of over 16,000 within a 1-mile radius.
New Construction Starbucks - Publix Outparcel
Investment Highlights
- Starbucks has executed a brand-new 10-year lease with six 5-year extension options, demonstrating their long-term commitment to this location.
- 2025 construction featuring high-quality materials and fixtures, backed by general contractor warranties. New Prototype Drive Thru Only
- Situated on 103rd Street, one of Jacksonville's busiest corridors, with over 49,000 vehicles per day. Ingress/Egress via 103rd Street and thru the Publix shopping Center
- Corporately guaranteed by Starbucks Corporate (Nasdaq SBUX) S&P Rated BBB+
- Outparcel to Publix, ranked in the top 40% of Florida locations according to Placer.ai.
- Starbucks is responsible for self-maintaining the property, minimizing the landlord's obligations. (Contact agent for more details.)
- Jacksonville Downtown West submarket has over 16,000 residents within 1-Mile
Exclusively Listed By
Financing By
Listing Price: $3,618,181
Investment Highlights
- Starbucks has executed a brand-new 10-year lease with six 5-year extension options, demonstrating their long-term commitment to this location.
- 2025 construction featuring high-quality materials and fixtures, backed by general contractor warranties. New Prototype Drive Thru Only
- Situated on 103rd Street, one of Jacksonville's busiest corridors, with over 49,000 vehicles per day. Ingress/Egress via 103rd Street and thru the Publix shopping Center
- Corporately guaranteed by Starbucks Corporate (Nasdaq SBUX) S&P Rated BBB+
- Outparcel to Publix, ranked in the top 40% of Florida locations according to Placer.ai.
- Starbucks is responsible for self-maintaining the property, minimizing the landlord's obligations. (Contact agent for more details.)
- Jacksonville Downtown West submarket has over 16,000 residents within 1-Mile
Investment Overview
Marcus & Millichap is pleased to present the opportunity to acquire a prime NN leased asset - A Starbucks located 7680 103rd St in Jacksonville, Florida. Starbucks has signed a brand-new 10-year lease with six additional 5-year extension options, reflecting a strong long-term commitment to this location. The property is newly constructed in 2025, utilizing premium materials and finishes, and is backed by general contractor warranties. Strategically located on 103rd Street—one of Jacksonville’s most heavily trafficked corridors with over 49,000 vehicles per day—the site offers convenient ingress and egress via 103rd Street and through the adjacent Publix shopping center. The lease is corporately guaranteed by Starbucks (Nasdaq: SBUX), which carries a BBB+ credit rating from S&P. Positioned as an outparcel to Publix, this site ranks in the top 40% of Florida locations according to Placer.ai. Starbucks is fully responsible for property maintenance, significantly reducing the landlord’s responsibilities (contact agent for full lease terms). The Jacksonville Downtown West submarket boasts a residential population of over 16,000 within a 1-mile radius.
Exclusively Listed By
Financing By
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