- Attractive QSR Offering - Strong Corporate Covenant - NNN Lease - Central Location - Strong Growth Node Tenant: Starbucks Coffee Canada, Inc. I Lease Expiry: April 26, 2029 Renewal Options: 4 x 5 years I First renewal term@ $59 PSF, Remaining terms at Fair Market Value NOi: $127,650 I 12 months forward as of April 1, 2025 Price: $3,000,000 / Cap Rate: 4.25%
Marcus & Millichap