Retail    

Starbucks

 Wytheville, VA

Asking Price

$3,044,000

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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Excellent Traffic

55K+ VPD (I-81)

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High Visibility

65' Pylon Sign

INVESTMENT HIGHLIGHTS

  • Rare 15-Year Lease Term for Starbucks
    Compared to Typical 10-Year Term
  • Significant Rental Growth
    10.00% Increases Every 5 Years
  • High-Traffic I-81 Location
    55,000+ Vehicles per Day
  • 65-Foot Pylon Sign
    Boosts Visibility from I-81
  • High-Capacity Drive-Thru
    16-Vehicle Stack
  • Near Synergistic Uses
    Next to Multiple Gas Station/C-Stores
  • 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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