Starbucks

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3465 Geraghty Ave., Fairbanks , AK 99709
Starbucks
  • Strong credit tenant, Starbucks (NASDAQ: SBUX) is rated BBB+ by S&P Global Ratings.
  • New high-quality 2019 construction with drive-thru.
  • 12% rental increases every 5 years, with the next increase in 2024, boosts CAP Rate to 5.60%.
  • NNN lease structure provides minimal landlord expense responsibility.
  • Located off Airport Way (15,371 vehicles per day) with direct access to and from Fairbanks International Airport.
  • Dense retail corridor with national retailers including Fred Meyer, Safeway, KFC, and Arby’s.
  • The site is well positioned near a hard corner, signalized intersection.
  • High purchasing power in the immediate area with average incomes over $112,000 within 5 miles.
Sean Mack
Partner (Commercial)
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David Gellner
Senior Broker (Commercial)
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