Highlights
• Long-term tenant: Starbucks operating since 1999; early 5-year extension exercised through August 2034. • Prime retail location: Signalized hard corner outparcel to Target, surrounded by major national retailers. • Recent upgrades, minimal CapEx: Starbucks completed interior renovation; landlord installed new roof with 20-year warranty. • Investment-grade credit: Lease guaranteed by Starbucks Corp (S&P: BBB+), ensuring stable income. • Affluent, dense trade area: ~$150K average household income and 40K+ residents within 3 miles. • High-performing store: 83rd percentile nationally per Placer.ai; 375K annual visits and Top-10 Starbucks within 30-mile radius.
Description
Pegasus Investments Real Estate Advisory Inc., in partnership with ParaSell, Inc., as exclusive advisors to the seller, are pleased to offer investors the opportunity to acquire the fee simple interest in a long-standing, drive-thru Starbucks located in the heart of Marietta, Georgia, an affluent suburb within the Atlanta metropolitan area (the “Property”). The Property is secured by a corporate-guaranteed net lease with Starbucks Corporation (S&P: BBB+), the world’s largest coffeehouse brand and a global leader in consumer retail. Starbucks has successfully operated at this location since 1999 and recently exercised an early five-year lease extension through August 2034, underscoring its strong commitment to the site. The lease provides 10% rental increases in year five and during each of the two five-year renewal options, ensuring investors predictable, long-term income growth. The freestanding building, featuring a highly desirable drive-thru, occupies a signalized hard corner at the main entrance of a Target-anchored shopping center, offering excellent visibility and accessibility along Dallas Highway—a key retail corridor in Marietta. The site’s ample 10.22:1,000 SF parking ratio supports both in-store and drive-thru operations, optimizing convenience and traffic flow. Surrounding national retailers such as Lowe’s, Home Depot, Publix, Chick-fil-A, and Wells Fargo further enhance the area’s retail synergy. The Property is also supported by nearby residential growth, including the Ellis development by David Weekley Homes, which is delivering 85 new single-family homes within a mile of the site. Marietta represents one of Atlanta’s most desirable and demographically robust submarkets, boasting average household incomes near $150,000 and a three-mile trade area population exceeding 40,000 residents. The region benefits from proximity to major economic and lifestyle drivers, including Dobbins Air Reserve Base, Kennesaw State University—with more than 45,000 students and faculty, and Truist Park/The Battery Atlanta, home of the Atlanta Braves and one of the Southeast’s premier mixed-use destinations. Located in Cobb County, one of Georgia’s wealthiest and most economically stable counties, the Property is positioned for continued success amid strong population growth, highly rated schools, and ongoing development. With its prime location, corporate-backed lease, and two-decade tenant history, this offering provides investors with a rare opportunity to acquire a trophy Starbucks asset in a top-performing Atlanta submarket, delivering exceptional stability, credit quality, and long-term income security.
Property Documents
Starbucks Marietta Flyer.pdf
1.45 MB
Listing Details
- Cap Rate
5.5%
- Tenancy
Single
- Space Type
Retail
- Sub Category
Fast Food/QSR
- Sale Type
Investment Sale
- Date Listed
10/8/2025
- Ownership Info
Fee Simple
- Broker/Agent Co-op
Yes
- Investment Type
Net Lease
- Net Operating Income
$104,516
- Parking Info
17 Spaces (10.22 Spaces per 1,000 SF Leased)
- Building FAR
0.06
Property Specifics
- Property Name
Starbucks Drive-Thru | 2559 Dallas Hwy
- Property Class
B
- No of Buildings
1
- No of Stories
1
- No of Units
1
- Year Built
1999
- Building Size
1,664 SF
- Lot Size
0.59 Ac
- APN
19-0027-0-016-0
- Zoning
GC
- Occupancy
100%