Starbucks Mankato 895 Madison Avenue

CBRE is pleased to offer the opportunity to acquire the fee simple interest in this newly constructed single tenant Starbuck’s asset located in Mankato, MN. The property is 100% leased to Starbuck’s Corporation (S&P BBB+) on a brand new 10-year lease with rent increases every five years including the four 5-year option periods. The property is well positioned on a signalized corner of Madison Avenue which is the dominant retail corridor in the Mankato, MN submarket. The site is adjacent to the Mayo Clinic hospital that just went through a $155 Million dollar hospital expansion. Starbucks is the world’s largest specialty coffee retailer with over 38,000 stores in 80 countries.