Stonebridge is pleased to present 'Starbucks Kedron (Brisbane)' for sale via Immediate Offers to Purchase.
The asset has the following key investment features:
- Secure 12 year net lease to 2036 + options to 2056 with fixed 3% annual rent increases
- Starbucks - The world's largest and most recognisable coffee chain with 32,000+ stores located across 80+ countries
- Prime 1,262 sqm* inner city corner site improved by state of the art new fast food drive thru asset, boasting dual street access and frontage
- Rarely offered inner city fast food investment in unrivalled location only 8 km* to Brisbane CBD, boasting significant exposure to major arterial Gympie Road (65,638+ vehicles daily)
- Newly constructed development built by Hutchinson Builders and completed in August 2024, providing a high level of craftmanship and outstanding depreciation benefits
- Located within core Brisbane retail corridor nearby Westfield Chermside and national tenants including Coles, Aldi, JB Hi-Fi, RSEA Safety, KFC, Guzman y Gomez & Hungry Jack's
- Kedron Established inner city suburb 8 km* from the CBD, in Brisbane's affluent, densely populated inner north, with strong retail amenity, thriving business activity, and a high income residential catchment
- Brisbane Booming capital city and economic engine of the $409 Billion* Queensland economy, population forecast to grow 40% in the next 20 years to 3.5 million* residents
- Net Lease Tenant pays usual outgoings as per lease
- Net Income $241,719 pa* + GST
'Starbucks Kedron (Brisbane)' is for sale via Immediate Offers to Purchase.
Please contact the exclusively appointed Stonebridge property professionals for more information.
*Approximately
Property Code: 1316