Map of Property

Starbucks

For Sale

392 Booth St, Reno, NV 89509

This Reno property for sale is located at 392 Booth St. The current listed sale price for Starbucks is $3,215,000. Starbucks is situated on a lot that is 0.47 acre in size.

Contacts

Ryan Schulten

CP Partners

Property Details

  • Property Type Retail - Street Retail
  • Property Size 1,662 SF
  • Units 0
  • Lot Size 0.47 Acre
  • Parking Spaces Avail. 15
  • Property Tenancy Single Tenant
  • Year Built 2026
  • Date Updated Oct 20, 2026
Rare “Café” format with significantly higher-end build-out Brand-new 10-year corporate Starbucks lease featuring 10% rental increases every 5 years throughout the base term and options. Starbucks is the largest coffee retailer in the world by both store count and revenue, operating over 41,000 locations across 89 global markets and generating over $37 billion in sales annually. The subject property is strategically positioned at the signalized hard-corner intersection of Keystone Avenue and Booth Street, in the heart of Reno’s Keystone commercial corridor, benefiting from a significant daytime employment base, nearby medical and government offices, and ±1,750 students directly across the street at Reno High School.
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Highlights

  • #1 Coffee Retailer: Starbucks (NASDAQ: SBUX) is the largest coffee retailer in the world, operating over 41,00 locations across 89 global markets
  • Across From High School: Significant before school student traffic as well as at lunchtime when students are allowed to leave campus
  • Affluent Demographics: $107-110K average household incomes within a 1, 3, and 5-mile radius of the subject property
  • Brand-New Lease: 10-year lease commenced in June of 2026 featuring 10% rental increases every 5 years
  • Build-To-Suit Construction: 2026 construction to tenant’s latest prototype with drive-thru and outdoor seating area
  • Corporate Backing: Lease is signed by Starbucks Corporation, the largest coffee retailer in the world by both store count and revenue (see below)
  • Ideal Positioning: Strategically located at the signalized hard-corner intersection of Keystone Avenue and Booth Street (19,981 combined VPD)
  • Investment-Grade Credit: Starbucks features an investment-grade credit rating (S&P: BBB+)
  • Natural Customer Base: Subject property is located in Reno’s Keystone commercial corridor, which features a significant daytime employment base, nearby medical and government offices, and ±1,750 students directly across the street at Reno High School
  • Robust Sales: FY 2025 revenue totaled $37.2 billion, a 2.8% increase over the previous year

Attachments

Getting around

  • 81/100

    Walk Score ®

  • 36/100

    Transit Score ®

  • 60/100

    Bike Score ®

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Location

  • City Reno, NV
  • Neighborhood The Village at Idlewild Park
  • Zip Code 89509
  • Market Reno

Points of Interest

  • Idlewild Park Train Ride

    0.54 miles

  • Sky Tower, South Tram

    1.09 miles

  • Sky Tower, North Tram

    1.12 miles

  • Reno

    1.12 miles

  • Casino Tower, South Tram

    1.17 miles

  • Casino Tower, North Tram

    1.18 miles

  • 76

    0.12 miles

  • Maverik

    0.66 miles

  • ChargePoint

    0.69 miles

  • Tesla Destination Charger

    1.01 miles

  • Tesla Supercharger

    1.02 miles

  • ARCO

    1.04 miles

  • Sinclair

    1.23 miles

  • Chevron

    1.28 miles

  • Jacksons

    1.45 miles

  • Shell

    1.49 miles

  • Parking Gallery

    0.87 miles

  • Eldorado Reno Parking Garage

    0.99 miles

  • Marriott Renaissance Valet Parking

    1.02 miles

  • Cal Neva Parking Stadium

    1.04 miles

  • Whitney Peak Parking Garage

    1.07 miles

  • Plaza Parking Garage

    1.09 miles

  • Sixth Street Parking Garage

    1.10 miles

  • Elm Street Parking Garage

    1.13 miles

  • Silver 6

    1.48 miles

  • Yellow 2

    1.49 miles

  • Egg Roll King

    0.11 miles

  • Godfather's Pizza

    0.11 miles

  • Dynasty Bistro

    0.22 miles

  • De Leon Mexican Food

    0.27 miles

  • Beaujolais Bistro

    0.41 miles

  • Daughters Café

    0.56 miles

  • Shawarmageddon

    0.65 miles

  • Taco Bell

    0.69 miles

  • Centro Bar & Kitchen

    0.69 miles

  • Pizza Baron

    0.69 miles

  • Raley's

    0.72 miles

  • Save Mart

    0.79 miles

  • Marketon

    1.32 miles

  • Sprouts Farmers Market

    1.49 miles

  • Smart & Final

    1.60 miles

  • US Foods Chef's Store

    2.11 miles

  • 168 Asian Market

    2.12 miles

  • Ross

    2.38 miles

  • Kohl's

    2.47 miles

  • TJ Maxx

    2.95 miles

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