803 N STATE ROAD 434, Altamonte Springs, FL 32714
803 N STATE ROAD 434, Altamonte Springs, FL 32714
803 N STATE ROAD 434, Altamonte Springs, FL 32714
14
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$5,314,286
Est. payment /mo
3,808 SqFt
Active

803 N STATE ROAD 434 Altamonte Springs, FL 32714

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Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Square Footage 3,808 sqft

Price per Sqft $1,395

Subdivision Little Wekiva Office Bldg

MLS Listing ID O6351196

HOA Y/N No

Year Built 2026

Annual Tax Amount $24,082

Lot Size 1.370 Acres

Acres 1.37

Property Sub-Type Retail

Source Stellar MLS

Property Description

BRAND NEW 15-Year Corporate Guaranteed Starbucks located at 803 North State Road 434 in Altamonte Springs, Florida, offering investors a RARE Investment Opportunity to purchase a Premium Showcase Corporate Guaranteed Investment Asset in a rapidly growing Orlando Metro Submarket. Delivered in 2026, the 2,700 (+-) square-foot property on 1.37(+-) Acres is secured by a RARE 15-year Corporate Guaranteed lease with four 5-year Extension Options and 10prcnt rent escalations every 5 years, providing Investors with long-term income growth and stability.
INCREDIBLE 1031 Exchange Investment Property!!
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Investors benefit from $279,000 in annual rental income secured by a favorable self-maintained NN (double-net) lease structure, under which Starbucks is responsible for real estate taxes, insurance, maintenance, and repairs. Limited landlord responsibilities, contractual rent increases, and a corporate guarantee create an attractive passive investment opportunity for private investors and 1031 Exchange buyers.

This store is absolutely packed every day!!….it is a Showcase Premier Store for Starbucks – Larger Store and Top-of-Line Finishes and Amenities.

This is one of the nicest Starbucks built to date and their Executive Team has completed their site visit and Absolutely Loves this store!!

Starbucks has wanted a location in this area for more than 10+ years but because of the drive through restrictions with the overlay they have been unable to secure a site. The developer/builder was extremely fortunate to purchase a closed down bank for the new Starbucks project thus providing the drive through opportunity for the much desired Starbucks development opportunity…

Strategically positioned along North State Road 434, a major north-south commercial corridor, the property benefits from exposure to more than 40,000(+-) vehicles/day (VPD). Situated just west of Interstate 4 (I-4) and North of its intersection with State Road 436, the asset is within a VERY DENSE, growing trade area surrounded by established residential communities and major employment centers.

Demographic fundamentals support long-term tenant performance, with the population within a 3-mile radius projected to exceed 107,500 residents by 2030, representing approximately 6.1prcnt growth from 2025 levels.

Starbucks Corporation, headquartered in Seattle, Washington, is the world's largest coffeehouse chain, operating approximately 41,129 locations across 89 markets worldwide and generating roughly $9 billion in annual revenue. Ranked No. 126 on the 2026 Fortune 500

Altamonte Springs is one of Central Florida's most desirable and rapidly growing suburban communities. Located approximately 15 minutes north of Downtown Orlando, 30 minutes from Walt Disney World, and less than an hour from Daytona Beach, the city offers exceptional access to the region's major employment centers, attractions, and transportation networks.

Corporate Credit, Brand-New construction, a long-term lease, built-in rent growth, and minimal management responsibilities make this Starbucks an ideal vehicle for investors seeking dependable monthly cash flow and a secure long-term hold. Strong suitability for a 1031 exchange further enhances the appeal of this premier net lease opportunity.

For financial information, and due diligence materials, contact the listing office.

Location

State FL

County Seminole

Community Little Wekiva Office Bldg

Area 32714 - Altamonte Springs West/Forest City

Zoning R-1

Interior

Cooling Central Air

Exterior

View Y/N No

Water Access No

Building

Story 1

Foundation Block

Lot Size Range 1 to less than 2

Structure Type Block

New Construction false

Others

Ownership Other

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/stellar/O6351196


Stellar MLS
Listed by Mark Allen COMMERCIAL REAL ESTATE PROF IN

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London Foster Florida

London Foster Florida

+1(844) 566-3663

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803 N STATE ROAD 434