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