Starbucks

Starbucks – Single Tenant Net Lease Investment
Orlando–Kissimmee–Sanford MSA, FL | Freestanding Drive‑Thru Coffee Shop | Absolute NNN Lease | Passive Income Opportunity

This investment opportunity highlights a freestanding Starbucks drive‑thru located in the Orlando–Kissimmee–Sanford metropolitan area, one of Florida’s most dynamic and fastest-growing regions. The property is secured by a long-term absolute triple-net (NNN) lease, with scheduled rent escalations every five years and zero landlord responsibilities. As a result, the asset provides fully passive income and meets the criteria of investors seeking net lease investment properties, NNN properties for sale, single tenant net lease assets, and coffee-shop NNN lease investments in high-demand Florida markets.

Positioned on a major arterial corridor with dual-lane drive-thru access, high daily traffic counts, and excellent visibility, the building is surrounded by dense residential subdivisions, corporate campuses, schools, medical facilities, retail centers, and hospitality destinations. This configuration meets high-intent investor strategies such as buy NNN property, triple net lease for sale, 1031 exchange NNN investments, and long-term NNN lease investments in Orlando.

Investment Highlights

• Nationally recognized Starbucks franchisee operates under an absolute triple-net lease
• Tenant pays all property-level operating and capital expenses
• Scheduled rent escalations every five years support income growth
• Long-term remaining lease term with multiple five-year renewal options
• Freestanding dual-lane drive-thru design optimized for customer throughput
• Located on a heavily trafficked corridor in Orlando–Kissimmee–Sanford MSA
• Ideal for investors targeting coffee-shop NNN lease investments and net lease opportunities
• Well-suited for buyers executing 1031 exchange strategies or building a passive-income portfolio

Tenant Overview

Starbucks is among the world’s leading coffee brands, widely known for premium beverages, food selections, loyalty programs, and convenient service. The drive-thru model continues to drive strong performance across suburban and urban environments, supported by mobile ordering systems and high-frequency consumer visits. This location is managed by a well-capitalized multi-unit franchisee with a proven track record in regional operations.

Under the absolute NNN structure, the tenant assumes full responsibility for property taxes, insurance, maintenance, structural and HVAC repairs, parking lot upkeep, landscaping, and all compliance-related costs. Rent escalations built into the lease every five years offer inflation protection and ongoing return enhancement. The structure provides investors with dependable cash flow, free from exposure to capital expenditures or management involvement.

Lease Summary

• Lease Structure: Absolute triple-net (NNN)
• Initial Term Remaining: 15–20 years
• Rent Escalations: Fixed or CPI-indexed increases every five years
• Renewal Options: Multiple five-year extensions
• Landlord Responsibility: None

This lease format is suited to current market demand for long-term, low-maintenance net lease investment properties with strong tenant backing and yield clarity.

Market Overview – Orlando–Kissimmee–Sanford MSA

The Orlando metro area, accounting for nearly 2.7 million residents, remains a national leader in population growth, job creation, and economic expansion. The region’s diverse economy spans hospitality and theme park tourism (including Walt Disney World, Universal Studios, and SeaWorld), higher education, advanced healthcare, financial services, aerospace and defense, logistics, and technology. Central Florida’s resilient development trajectory remains supported by inbound migration, public- and private-sector investment, and infrastructure modernization.

Prominent economic drivers in the market include Orlando Health, AdventHealth, multiple high-tech and simulation-based employers, universities such as UCF and Rollins College, and several corporate headquarters. With a diverse daytime population that includes service workers, students, professionals, and tourists, the metro delivers consistent consumer flow to retail-oriented properties, including coffee and convenience-based quick-service restaurants.

Property Features and Site Positioning

• Stand-alone Starbucks building with modern exterior design and drive-thru canopy
• Dual-lane drive-thru to support peak morning and midday customer volume
• Monument and building signage configured for visibility from both directions
• Ample parking lot with defined spaces and well-managed stacking lanes
• Situated on a signalized intersection or regional road with daily traffic counts in excess of 30,000 vehicles
• Adjacent to grocery stores, pharmacies, medical centers, education facilities, hotels, and residential subdivisions
• Located within a commuter and retailer corridor serving both local residents and visitors

The property layout and regional context optimize its performance across high-use dayparts and support continued growth in per-unit revenue and transaction counts.

Trade‑Area Demographics

Within a five-mile radius, the surrounding trade area supports:

• Population exceeding 150,000 with ongoing annual growth rates above national averages
• Household incomes aligned with Starbucks’ consumer base, often surpassing $70,000
• Diverse daytime population including office employees, tourism workers, students, healthcare staff, and service personnel
• Ongoing residential construction including single-family homes, townhouses, and mid-rise apartments
• A mix of long-term residents, in-migrating families, retirees, and tourists

These demographic factors create a stable and diverse traffic base that aligns with Starbucks’ customer model and supports repeat source traffic.

Strategic Demand Drivers

The Orlando metro benefits from both domestic and international tourism with over 70 million visitors annually. These include families, convention attendees, cruise passengers, and theme-park visitors, many of whom pass through suburban corridors on their way to attractions. Commuter traffic between bedroom communities and medical, education, or office hubs ensures steady visits throughout the week.

Multi-generational households, remote workers, students, and professionals rely on quick-service beverages for daily routines. A growing demand for drive-thru coffee locations supports increasing sales velocity and unit-level productivity.

Rent Escalations and Return Profile

The lease includes scheduled rent escalations every five years, often tied to CPI or fixed predetermined rates. Over successive terms, these escalations provide meaningful cumulative growth to net operating income (NOI). The absolute NNN structure eliminates landlord exposure to capital and maintenance risk, delivering a clean, inflation-hedged cash flow stream.

This structure is particularly attractive to investors focused on building portfolios of long-term net lease assets, completing 1031 exchange strategies, or generating stable dividend income from passive holdings.

Ideal Buyer Profile

This asset appeals to various buyer profiles, including:

• Investors seeking passive single tenant NNN retail properties with strong brand backing
• Buyers completing 1031 exchange transactions that require replacement properties
• Private capital firms, family offices, and individual investors building permanent income portfolios
• Institutional investors and REITs targeting high-quality coffee-shop NNN lease investments
• Capital allocators focusing on Southeast and Sun Belt net lease opportunities with scale

The combination of national tenant credit, lease predictability, and site fundamentals in Orlando elevates this asset as a competitive option.

Florida Net Lease Market Trends

Florida’s continued population and economic growth have established it as a leading state for net lease real estate investment. The Orlando MSA, in particular, stands out due to its mix of domestic and visitor-driven traffic, diversified job base, and rising retail density. QSR and coffee tenants with drive-thru formats are experiencing high demand in Florida due to their ability to service off-premise orders and adapt to changing consumer habits.

Retail investors increasingly target Orlando for NNN opportunities, especially due to the limited supply of freestanding, tenant-paid assets with robust site metrics. The ability to secure a well-located Starbucks with long-term lease security supports favorable underwriting assumptions and resale marketability.

Conclusion

This freestanding Starbucks in the Orlando–Kissimmee–Sanford MSA offers a compelling net lease investment. It features a blue-chip tenant, long-term absolute NNN lease structure, scheduled rent growth, and a dual-lane drive-thru design on a high-traffic corridor. Situated within one of Florida’s most dynamic and rapidly expanding markets, the asset provides passive income with no landlord oversight.

For investors aiming to buy NNN property, participate in coffee-shop NNN lease investments, or complete 1031 exchange NNN strategies, this Starbucks perfectly aligns with key objectives: tenant quality, income clarity, site performance, and market momentum. It stands out among net lease real estate investments and single tenant net lease opportunities in today’s competitive landscape.