Berkshire Hathaway Commercial Services is pleased to offer a newly-built 10-year Corporate Net Leased Starbucks at 506 W Old Country Rd in Hicksville.

Strategically located on the north side of Old Country Road heading west towards NYC, between Route 106 Newbridge Road and the Wantagh State Parkway, the site benefits from high visibility and captures significant morning traffic. With a traffic count exceeding 34,000 vehicles per day and a surrounding 5-mile radius boasting a population of over 375,000 and an average household income over $156,000, the property is ideally positioned to meet ongoing retail demand. The lease is backed by Starbucks Corporation, providing long-term tenant stability and reducing risk.

Construction of this brand-new 2,500 sq ft Starbucks with a drive-thru and solar panels was recently completed and the location is about to open for business. Situated on a 0.57-acre parcel, the site features ample queuing lanes to ensure customer convenience. Starbucks has signed an Absolute NNN lease, covering taxes, insurance, maintenance, roof, structure, parking lot, and all operating expenses, offering a truly passive income stream for investors. This Starbucks is also the first location on Long Island to be powered by solar panels.

The lease includes a ten-year base term with four 5-year options and notably contains no termination clause. Rent escalations of 12.5% are built into the base term, with 15% increases during the option periods.

Please contact us for the full Offering Memorandum | 516 703 2300