Starbucks | Verizon


  • Leasehold Investment Opportunity with Starbucks & Verizon Wireless Franchisee as Tenants
  • High Return and Ability for Full Depreciation Due to Leasehold Nature of Investment
  • Buyer has the Opportunity to Purchase the Fee Interest (Land) in 2017
  • Property Sits on Outparcel to Major Shopping Center on a Primary Arterial in the Trade Area
  • Destination Retail Location with Adjacent Tenants Including: Food Lion, Rite Aid, TJ Maxx, McDonalds, Five Guys, Hardy’s, PNC Bank & More
  • Long Term Leases – Starbucks with 8 Years Remaining and Cellular Sales of Virginia (Verizon) with 7 Year Remaining
  • Strong Rental Increases – Cellular Sales of Virginia (Verizon) with 15% Increases Every 5 Years and Starbucks with 10% Increases Every 5 Years
  • Property Renovated in 2012