Starbucks

For Sale

4480 26th Avenue Southwest, Fargo, ND 58103

This Fargo property for sale is located at 4480 26th Avenue Southwest. The current listed sale price for Starbucks is $2,250,000. Starbucks is situated on a lot that is 0.89 acre in size.

Contacts

broker

Jace Engelstad

Horizon Real Estate Group

Property Details

  • Property Type Retail - Freestanding
  • Property Size 2,356 SF
  • Lot Size 0.89 Acre
  • Additional Rent Contact for pricing
  • Date Updated Oct 11, 2024
Discover a prime investment opportunity with Starbucks in the heart of the Fargo-Moorhead area, perfectly positioned along one of Fargo’s top retail corridors. This high-traffic location is surrounded by major retailers and vibrant residential communities, offering easy access to I-94. Located less than a mile from the $494 million, 1-million-square-foot Sanford Medical Center, the property enjoys unparalleled visibility and constant foot traffic in one of Fargo’s most coveted commercial areas. Owning a Starbucks property is a prestigious investment, delivering stable returns and association with a globally recognized brand. This asset not only promises consistent revenue but also elevates any portfolio with its premier location and high-profile tenant. Secure your spot in one of Fargo’s most desirable business hubs today!Here is your chance to own a Starbucks, a prestigious investment that will not last long.

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Reach out to the broker for more info on lease terms and amenities

Highlights

  • Unbeatable location
  • 10% rental increases every five (5) years in the base term and throughout the four (4) five (5) year option periods
  • Next scheduled rent increase on 11/15/2027
  • Tenant responsible for taxes, utilities, insurance, HVAC, snow removal, and all interior/exterior non-structural portions of the premises
  • Landlord responsible for roof, structure, and parking lot replacement; 25-year roof warranty in place
  • Fargo ranked as one of the top coffee-drinking cities in the country, positioning the property for market success
  • Situated between two high-traffic tenants, Sonic and Mammoth Car Wash
  • Sonic pays $183,000 NNN annually, Mammoth Car Wash pays $264,000 NNN annually, indicating current lease rates for this investment property are below market
  • Starbucks leases comparable properties in the metro for $140,000 to $160,000+ annually, highlighting potential for further rent growth

Attachments

Getting around

  • 11/100

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  • 20/100

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  • 35/100

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Location

  • City Fargo, ND
  • Neighborhood Bluemont Lakes
  • Zip Code 58103

Points of Interest

  • Main Avenue Depot Building (Fargo Parks)

    3.07 miles

  • Loaf 'N Jug

    0.77 miles

  • Flying J

    0.80 miles

  • Love's

    0.95 miles

  • Exxon

    1.29 miles

  • Holiday

    1.32 miles

  • Petro

    1.40 miles

  • Casey's General Store

    1.55 miles

  • Marathon

    2.01 miles

  • park

    2.02 miles

  • Microsoft Fargo Vision & Commons Parking

    2.24 miles

  • WDAY Parking

    2.79 miles

  • WDAY Tower Parking

    2.84 miles

  • Red Raven Espresso Parking Lot

    2.91 miles

  • Island Park Parking

    2.92 miles

  • Block Six Parking Garage

    3.04 miles

  • Block Six Parking (Permit Only)

    3.04 miles

  • Island Park Ramp

    3.11 miles

  • N.P. Lot/Old Broadway

    3.11 miles

  • Ruby Tuesday

    0.72 miles

  • Doolittle's

    0.79 miles

  • Shanghai

    0.85 miles

  • Hi-Ho

    0.86 miles

  • Grand Junction

    0.87 miles

  • McDonald's

    0.92 miles

  • Chipotle

    0.94 miles

  • Taco John's

    0.95 miles

  • Arby's

    0.97 miles

  • Culver's

    1.01 miles

  • Family Fare

    0.92 miles

  • Cash Wise Foods

    1.07 miles

  • Macy's

    1.14 miles

  • JCPenney

    1.16 miles

  • West Acres Shopping Center

    1.19 miles

  • Target

    1.42 miles

  • TJ Maxx

    1.52 miles

  • Hornbacher's Foods

    1.53 miles

  • ALDI

    1.65 miles

  • Kohl's

    1.67 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Jace Engelstad

Horizon Real Estate Group