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INVESTMENT OFFERING

SAB Capital is pleased to present the exclusive offering of a single-tenant, double net-leased Starbucks located in Farmington Hills, Michigan. This exceptional investment is secured by a double net (NN) lease with nearly 9 years of remaining term along with 3% rent increases every 5 years in option periods.

Starbucks is the world’s largest coffeehouse chain, operating over 35,000 stores across 80+ countries and serving approximately 100 million customers globally each week. Backed by an investment-grade credit rating of an BBB+ from Standard & Poor’s and a Baa1 from Moody’s, the lease offers secure, long-term cash flow from a best-in-class operator.

Strategically located along Orchard Lake Rd, the property benefits from superior visibility, signage, and access with traffic counts exceeding 71,000 vehicles per day. The surrounding area has 5.3M square feet of retail space and contains dense residential neighborhoods with excellent walkability and centrality to Oakland Community College, Farmington Central High School, several parks and outdoor recreation areas, and quality national retail tenants including Wendy’s, CVS, Petco, & Burger King.

With its strong real estate fundamentals, robust lease structure, investment-grade tenancy, and premier location, this offering represents a truly passive, low-risk opportunity in a key Michigan retail submarket.

  • Established Starbucks in Farmington Hills, MI | Northwest Suburb of Detroit, In Continuous Operation for 12 Years
  • Corporate Guarantee | Starbucks is an Investment-Grade Tenant backed by a BBB+ Rating from S&P and Baa1 from Moody’s, ensuring financial stability and security for the tenant.
  • Site Features a Lucrative Drive-Thru | Starbucks’ Featuring a Drive-Thru Perform +50% to Locations Without
  • High-Ranking Starbucks Location | This Starbucks ranks in the top 43% of all Starbucks Nationwide, the top 50% in Michigan, and the top 30% within 15-Miles, with Nearly 300k Visitors Annually
  • High Income Market | Average Household Income of More Than $130,000 Within 5 Miles of the Subject Property
  • Signalized Corner | Positioned at a signalized corner, providing high visibility and easy access with more than 71,000 Vehicles Per Day (VPD)

Tenant Price Cap Rate Lease Type Square Feet Status
Starbucks $1,971,698 5.30% NN 1,987 Available

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