Read trending IT updates for cloud businesses, managed service providers, IT pros & what innovation digital transformation is driving in tech industry.

Starbucks and Different Companies Close to Disney World Reportedly Promote for Increased Costs

0 31

Opinions expressed by Entrepreneur contributors are their very own.

The Orlando Enterprise Journal reported this week that Starbucks places in Central Florida often promote for about $3 million, however ones close to the Walt Disney World Resort can promote for way more, simply because they’re near the vacationer vacation spot.

Barcroft Media | Getty Photos

Actually, they’ll go for twice that a lot. 

The Journal pointed to the current sale of an area close to the resort leased to Starbucks. It went for $6 million, the paper stated.

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

Associated: $29 Customized Starbucks Drink Has Baristas in a Frenzy, Web Confused

The Starbucks within the area opened this June.

Notably, this espresso store is just not on the 30,000-acre Disney property, however outdoors of it. Inside the park itself and all through different Disney properties and resorts, there are Starbucks places.

Disney-themed information website Contained in the Magic identified that following the announcement the corporate plans to relocate 1000’s of operations jobs from California to Florida, the Lake Nona space of Orlando is primed to see spikes in actual property growth and retail.

You might also like