Starbucks and Other Businesses Near Disney World Reportedly Sell for Higher Prices

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Starbucks and Other Businesses Near Disney World Reportedly Sell for Higher Prices

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Opinions expressed by Entrepreneur contributors are their very maintain.

The Orlando Enterprise Journal reported this week that Starbucks locations in Central Florida assuredly promote for about $3 million, but ones shut to the Walt Disney World Resort can promote for mighty more, marvelous on fable of they’re shut to the tourist vacation space.

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In actuality, they’ll sail for twice that mighty. 

The Journal pointed to the brand new sale of a space shut to the resort leased to Starbucks. It went for $6 million, the paper said.

“Disney Retail A LLC — an entity connected to Chicago-primarily primarily based right estate agency SRE Holdings LLC — paid $5.9 million on July 23 for a roughly 2,500-square-foot building leased to a Starbucks on 0.77 acres at 8699 Palm Parkway,” reported the Journal

Connected: $29 Custom Starbucks Drink Has Baristas in a Frenzy, Internet Puzzled

The Starbucks within the space opened this June.

Notably, this espresso shop is now not on the 30,000-acre Disney property, but outside of it. Within the park itself and all the procedure in which thru diversified Disney properties and resorts, there are Starbucks locations.

Disney-themed recordsdata region Within the Magic pointed out that following the announcement the corporate plans to relocate thousands of operations jobs from California to Florida, the Lake Nona space of Orlando is primed to search spikes in right estate pattern and retail.

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