Marcus & Millichap Sells New Starbucks in Rockford for $2.9 Million

Reuters12-10

Marcus & Millichap Sells New Starbucks in Rockford for $2.9 Million

Marcus & Millichap Inc. has arranged the sale of a newly constructed Starbucks property in Rockford, Illinois, for $2,904,000. The Starbucks, located at 5982 Columbia Parkway, opened in May 2025 and features a drive-thru and a rare 15-year ground lease backed by Starbucks Corp. The property sits on a 1.65-acre parcel near the interchange of interstates 90 and 39, with exposure to over 100,000 vehicles per day. The transaction attracted five competitive offers and closed in just 48 days, highlighting strong investor interest in the high-traffic location.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Marcus & Millichap Inc. published the original content used to generate this news brief on December 09, 2025, and is solely responsible for the information contained therein.

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The Starbucks, located at 5982 Columbia Parkway, opened in May 2025 and features a drive-thru and a rare 15-year ground lease backed by Starbucks Corp. The property sits on a 1.65-acre parcel near the interchange of interstates 90 and 39, with exposure to over 100,000 vehicles per day. The transaction attracted five competitive offers and closed in just 48 days, highlighting strong investor interest in the high-traffic location.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. 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The Starbucks, located at 5982 Columbia Parkway, opened in May 2025 and features a drive-thru and a rare 15-year ground lease backed by Starbucks Corp. The property sits on a 1.65-acre parcel near the interchange of interstates 90 and 39, with exposure to over 100,000 vehicles per day. The transaction attracted five competitive offers and closed in just 48 days, highlighting strong investor interest in the high-traffic location.\n      \n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. 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