Starbuck's Superior WI - Investment Sale

Offering Details

This offering presents a rare opportunity to acquire a brand-new Starbucks currently under construction at the highly visible southwest corner of Tower Avenue and 37th Street in Superior, Wisconsin. The property will be leased to Starbucks on a new 10-year lease, with an estimated opening of June 1, 2027, providing investors with long-term income backed by one of the world’s most recognized coffee and retail brands. The location benefits from excellent visibility and convenient access along Tower Avenue, a primary commercial corridor in Superior, with the Starbucks positioned directly adjacent to the Walmart Supercenter at 3705 Tower Avenue.

The property is strategically positioned within an established retail and service-oriented trade area surrounded by national and local businesses, creating a strong complementary environment for daily-needs retail and drive-thru traffic. The intersection of Tower Avenue and 37th Street serves as a key access point within the surrounding commercial district, with nearby retailers, services and transit access further supporting the site’s convenience and exposure. For an investor, the combination of new construction, a long-term Starbucks lease, prominent corner positioning, high visibility and proximity to Walmart offers an attractive opportunity to acquire a low-maintenance, long-duration net-leased asset in an established Superior retail corridor.

Sale Price
$2,618,000

NOI
In-Place (Year 1): $144,000

Building Size
1,993 SF

Occupancy
100% Leased

Commencement Date
June 1, 2027