Starbucks | Rare Drive-Thru Ground Lease
345 North Ave E, Cranford, NJ 07016
Price: Contact Broker
Status: Hidden
Cap Rate: Contact Broker
Year Built: 2015
NOI: $99,000
Lot Size: 0.29 acres
Price Per Foot:
Lease Type: Triple-Net
Remaining Term: 7
GLA: sqft
Property Intro
Starbucks Corporation is a multinational coffeehouse chain and one of the world’s largest and most recognizable coffee brands. Founded in Seattle, Washington, in 1971, by Jerry Baldwin, Zev Siegl, and Gordon Bowker, Starbucks has since expanded globally, with thousands of stores in over 80 countries. The company is known for its premium coffee offerings, inviting ambiance, and emphasis on customer experience.
Starbucks offers a wide range of coffee and tea beverages, including traditional espresso-based drinks like lattes and cappuccinos, as well as brewed coffees, iced beverages, and a variety of teas. They also provide an extensive menu of food items, such as sandwiches, pastries, and salads, catering to different tastes and dietary preferences. Starbucks has also been at the forefront of adopting sustainable practices and has made commitments to ethically sourcing its coffee beans.
Starbucks Corporation has established itself as a global leader in the coffee industry, combining high-quality beverages with a distinctive store experience. With its commitment to sustainability, community engagement, and technological advancements, Starbucks continues to be a prominent player in the coffeehouse market, providing customers around the world with a consistently enjoyable coffee experience.