What is the asking price for Starbucks?

The lease rate for space here is $3,215,000.

What type of property tenancy can you find at Starbucks?

This property is listed as Single Tenant.

What is the total size of Starbucks?

The property has a total square footage of 1,662 SF.

How many parking spaces are available at Starbucks?

Parking information for the property isn't currently listed. However, other nearby parking options include Parking Gallery, located 0.87 miles away , and Eldorado Reno Parking Garage, which is 0.99 miles away.

392 Booth St, Reno, NV 89509 | CommercialCafe.com

For Sale $3,215,000
Property Type Retail - Street Retail
Property Size 1,662 SF
Units 0
Lot Size 0.47 Acre
Parking Spaces Avail. 15
Property Tenancy Single Tenant
Year Built 2026
Date Updated Oct 20, 2026

Description

Rare “Café” format with significantly higher-end build-out Brand-new 10-year corporate Starbucks lease featuring 10% rental increases every 5 years throughout the base term and options. Starbucks is the largest coffee retailer in the world by both store count and revenue, operating over 41,000 locations across 89 global markets and generating over $37 billion in sales annually. The subject property is strategically positioned at the signalized hard-corner intersection of Keystone Avenue and Booth Street, in the heart of Reno’s Keystone commercial corridor, benefiting from a significant daytime employment base, nearby medical and government offices, and ±1,750 students directly across the street at Reno High School.

Highlights

#1 Coffee Retailer: Starbucks (NASDAQ: SBUX) is the largest coffee retailer in the world, operating over 41,00 locations across 89 global markets
Across From High School: Significant before school student traffic as well as at lunchtime when students are allowed to leave campus
Affluent Demographics: $107-110K average household incomes within a 1, 3, and 5-mile radius of the subject property
Brand-New Lease: 10-year lease commenced in June of 2026 featuring 10% rental increases every 5 years
Build-To-Suit Construction: 2026 construction to tenant’s latest prototype with drive-thru and outdoor seating area
Corporate Backing: Lease is signed by Starbucks Corporation, the largest coffee retailer in the world by both store count and revenue (see below)
Ideal Positioning: Strategically located at the signalized hard-corner intersection of Keystone Avenue and Booth Street (19,981 combined VPD)
Investment-Grade Credit: Starbucks features an investment-grade credit rating (S&P: BBB+)
Natural Customer Base: Subject property is located in Reno’s Keystone commercial corridor, which features a significant daytime employment base, nearby medical and government offices, and ±1,750 students directly across the street at Reno High School
Robust Sales: FY 2025 revenue totaled $37.2 billion, a 2.8% increase over the previous year