Starbucks

Starbucks – Single Tenant Net Lease Investment
Statesboro–Bulloch County MSA, GA | Freestanding Drive‑Thru Coffee Shop | Absolute NNN Lease | Passive Income Opportunity

This investment opportunity features a freestanding Starbucks drive-thru located in the Statesboro–Bulloch County metropolitan area of Southeast Georgia. The property is leased under a long-term absolute triple-net (NNN) structure, with scheduled rent escalations every five years and zero landlord responsibilities. The tenant covers all real estate obligations, allowing for fully passive income. This asset appeals to investors interested in net lease investment properties, NNN properties for sale, single tenant net lease holdings, and coffee-shop NNN lease investments in fast-growing secondary markets.

Situated on a prominent arterial corridor, the Starbucks benefits from dual-lane drive-thru design, excellent visibility, and convenient ingress/egress. The site is surrounded by residential neighborhoods, educational institutions, medical facilities, retail centers, and hospitality hubs. It aligns directly with investor searches for buy NNN property, triple net lease for sale, 1031 exchange NNN strategies, and long-term NNN lease investments in Georgia.

Investment Highlights

• Leased to Starbucks, a globally recognized, creditworthy operator
• Absolute NNN lease—tenant is responsible for taxes, insurance, maintenance, roof, structure, and landscaping
• Long-term lease term with scheduled rent escalations every five years
• Multiple five-year renewal options provide extended income stability
• Freestanding drive-thru prototype designed for high-volume performance
• Located in the heart of Statesboro’s main commercial corridor
• Supports fast casual NNN lease investments, net lease opportunities, and passive-income strategies
• Ideal candidate for investors pursuing passive portfolios, 1031 exchange replacements, or single tenant NNN retail properties

Tenant Overview

Starbucks is widely regarded as one of the most financially stable and socially recognized coffee brands. Its performance in suburban and exurban drive-thru markets is consistently strong, driven by loyal customer behavior, advanced mobile ordering, and high-margin beverages. The franchise operator on this site has a strong regional presence and track record, supporting reliable sales performance and brand consistency.

The lease is structured on an absolute NNN basis—placing operational and capital responsibility entirely on the tenant. They cover property taxes, insurance, HVAC and roof maintenance, structural repairs, parking lot upkeep, landscaping, and regulatory compliance. Scheduled rent hikes every five years provide inflation protection and income growth, delivering stable cash flow with minimal oversight.

Lease Summary

• Lease Type: Absolute triple-net (NNN)
• Lease Term Remaining: 15–20 years
• Scheduled Rent Escalations: Every five years
• Renewal Options: Multiple five-year extensions
• Landlord Responsibilities: None

This structure supports investors seeking turnkey, low-management volume assets backed by strong tenant credit.

Market Overview – Statesboro–Bulloch County MSA

Statesboro is a dynamic and growing college town, home to Georgia Southern University, with over 26,000 students. Its economy centers on education, healthcare, retail, and supporting small businesses. The city’s resident population exceeds 70,000 within the metro area, with steady growth driven by university-driven expansion, new business activity, and regional housing development.

The broader Bulloch County area supports manufacturing, logistics, and light industrial employment—further bolstering daytime population. Tourist and visitor traffic is moderate but steady, tied to college events, medical visits, and highway commuters.

Economic indicators point to continued growth: new academic facilities, retail developments, and multi-family residential projects characterize the region’s expanding footprint. Starbucks locations in university and suburban corridors typically perform well due to frequent visits from students, staff, and nearby residents.

Site Features

• Modern Starbucks prototype with dual-lane drive-thru
• Monument and building signage visible from a busy commercial artery
• Efficient parking layout with stacking lanes for drive-thru peak hours
• Convenient ingress and egress from main and secondary roads
• Located near grocery, restaurants, medical offices, banks, and university-related housing
• Positioned to serve students, faculty, commuters, and local residents with drive-thru and walk-up access

This configuration aligns with Starbucks’ growth strategy in high-footfall, traffic-rich environments—maximizing transaction volume and ticket size.

Trade-Area Demographics

Within a five-mile radius of the property:

• Population between 60,000 and 80,000 residents with continued annual growth
• Median household income above state averages, supported by professional and student population
• High percentage of college-age residents plus faculty and staff from Georgia Southern University
• Significant daytime population tied to education, healthcare, and retail sectors
• Residential expansion via single-family, multifamily units, and student housing projects

These demographic dynamics support consistent demand across morning, afternoon, and evening dayparts—bolstering performance and reducing risk tied to economic cycles.

Economic and Consumer Drivers

Key performance drivers for this Starbucks include:

• Regular visitation from university campus population
• Commuters traveling on major corridors seeking convenience coffee options
• Local employees and families using drive-thru services for daily routines
• High foot traffic along retail nodes and student housing clusters
• Regional housing expansion bringing new customers into the trade area

These factors combine to support strong, stable revenue profiles consistent with investor expectations for net lease investment properties.

Rent Escalations and Return Stability

Every five-year rent escalations strengthen net operating income over time. With absolute NNN coverage, investors receive clean income without exposure to operating expenses. This cash flow structure suits investors focused on passive income, portfolio growth, and inflation-resistant real estate investments, especially within the single tenant NNN segment.

Investor Appeal

This property aligns with several buyer profiles:

• Private investors using 1031 exchanges to deploy capital into stable, passive assets
• Institutional funds and REITs targeting credit-tenant, low-management retail investments
• Private equity and family offices building income-focused portfolios
• Real estate managers specializing in net lease investments with long-term cash flow
• Capital allocators pursuing fast casual NNN lease investments with long-term upside and strong tenancy

With credible tenant strength, site fundamentals, and Georgia’s business-friendly environment, this Starbucks offers a compelling investment narrative.

Georgia Net Lease Landscape

Georgia is recognizing substantial inflows of businesses, talent, and population, especially in cities like Atlanta, Savannah, and secondary metros such as Statesboro. The state’s corporate income tax structure, infrastructure growth, and expanding logistics corridors have strengthened investor interest. Starbucks and similar coffee QSR assets in drive-thru configurations are highly sought after due to their resilience, scarcity, and strong operational metrics.

Conclusion

This freestanding Starbucks in the Statesboro–Bulloch County MSA provides a premium net lease investment opportunity. With a national tenant, absolute NNN lease structure, scheduled rent escalations, and premium drive-thru site location, the asset outputs reliable passive income. Located in a growing university town and market drivers such as population growth and infrastructure expansion further support long-term performance.

For investors aiming to buy NNN property, deploy passive capital via 1031 exchange, or expand their portfolio of single tenant NNN retail properties, this Starbucks aligns with key parameters: tenant strength, lease clarity, site fundamentals, and demographic momentum. It stands as a foundational addition to any portfolio targeting net lease investment properties in secondary U.S. markets.