Retail    

Starbucks

 Roanoke, VA

Asking Price

$3,236,000

Cap Rate

5.75%

For more details on this exclusive listing

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Total Building GLA

2,500 SF

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NN Lease

15-Year

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Year Built

2024

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Exceptional Visibility

77K+ Combined VPD

Rent Increases

Rent Growth

10% Every 5 Years

INVESTMENT HIGHLIGHTS

  • Rare 15-Year Lease Term for Starbucks
    Compared to Typical 10-Year Term
  • Significant Rental Growth
    10.00% Increases Every 5 Years
  • Adjacent to Wells Fargo Customer Service Center
    1,600 Employees + 1,000 Additional Employees Upcoming
  • High-Capacity Drive-Thru
    15-Vehicle Stack
  • Near Starbucks’ Targeted Uses
    Major Complementary Traffic Drivers
  • Excellent Access & Traffic Counts
    77,000 Combined VPD
  • Signalized Hard Corner
    Including Pedestrian Access
  • Corporate Guaranty from Starbucks Corporation
    Investment-Grade Tenant

Exclusively Listed By

Daniel Herrold

Senior Vice President
  dherrold@northmarq.com      +1 918.814.1966

Matt Spangenberg

Associate Vice President
  mspangenberg@northmarq.com      +1 312.777.2442

Michael Zimmerman

Vice President
  mzimmerman@northmarq.com      +1 954.290.6366

Vikaas Patni

Senior Associate
  vpatni@northmarq.com      +1 513.828.6252

Mitch Bensch

Investment Sales Analyst
  mbensch@northmarq.com   

In Association With
Christopher Doerr

VA Lic. #225186980

Northmarq

6120 S Yale Ave, Suite 300
Tulsa, OK 74136


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