2021 Kentucky 192, London, KY 40741

Cap Rate
Price Per SF
Leasable Area
1,750 SF
Term Remaining
± 2.5 Years

Broker of Record

  • Kyle Matthews
  • License No. 221925
  • (310) 919-5757
  • Matthews Retail Group, Inc.
  • 841 Apollo Street. Suite 150,
    El Segundo, CA 90245


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  • Corporate Guarantee: Corporately guaranteed by Starbucks (NASDAQ: SBUX), arguably the most recognizable coffee chain in the world, which holds investment-grade credit (S&P: BBB+)
  • Strong Lease Fundamentals: Starbucks is currently in their 1st five-year option w/ approximately 2.5 years remaining. The Lease includes 10% increases every 5 years, and throughout the 3 remaining five-year options
  • High-Quality Construction: High-quality all-brick construction with a drive-thru lane and outdoor patio seating. Subject Starbucks is presenting an inviting atmosphere for customers while providing excellent visibility in a pride of ownership investment
  • Low Competition: No direct coffee competition in the area and the only Starbucks serving the city of London, KY. Additionally, this is the only Starbucks within a 50-mile radius, which is rare for the concept
  • Global Brand Recognition: Starbucks has over 28,500 locations worldwide, a $2.88 billion net worth and saw revenues of over $24.72 billion in 2018


  • Ideal Synergies: In addition to the impressive retail synergy, this location directly benefits from its immediate placement in front of three national hotel brands including: Country Inn & Suites, Baymont by Wyndham, & Holiday Inn & Suites
  • Dominant Trade Area: Subject property is located on London’s busiest retail corridor, down the street from the Walmart Supercenter, Tractor Supply, Lowe’s, & Kroger, which allow this asset to hold strong intrinsic value as part of the dominant retail trade area
  • High Traffic Counts: Combined Traffic Counts of over ±80,000 VPD. Starbucks is located on the premier traffic corridor in London, with direct frontage off W Highway 192 (±25k VPD) & I-75 (±55k VPD)
  • Ideal Intersate Access: Starbucks is strategically located directly off I-75, which is not only a highly trafficked freeway providing access across Kentucky, but it is a major cross-country, north-south route that passes through six different states & is one of the longests in the U.S
  • Intrinsic Real Estate Fundamentals: In addition to the site’s prime placement off the I-75 exit, increased traffic is provided from being across from Saint Joseph Hospital, which is the largest hospital in the region