Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A
Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A

Documents

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Key Facts

Year Built 2008
Building Area
Occupancy 100.0 %

Property Description

Rare Starbucks ground lease with no landlord responsibility for roof & structure. This location is the 4th most visited Starbucks in 50 miles.

Investment Highlights

Jones Lang LaSalle (“JLL”) Capital Markets, Net Lease is pleased to exclusively offer a premier net lease opportunity to acquire a rare single tenant Starbucks (the “Property”) ground lease located in Bermuda Square in Chester, VA — the #1 state for business in 2019. Starbucks operates over 31,000 stores to achieve revenues exceeding $26.5 billion. This location is the 4th most visited Starbucks out of 41 locations in a 50-mile radius (Placer.ai).
Last Updated Date: 02 Jun 2020
Michael Brewster
Michael Brewster
Director, Capital Markets
License details
FL-SL3280018
Bradley Peterson
Brad Peterson
Senior Managing Director, Orlando Office Head
License details
FL-BK3162030 AL-000088844-0 GA-256948

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Last Updated Date: 02 Jun 2020

The value of trust beneficiary rights fluctuates due to fluctuations in the price of real estate, and there is a risk of falling beyond the investment principal. Real estate prices are fluctuated by changes in the population of the area in which they are located and the number of newly supplied properties, fluctuations in interest rates and exchange rates, changes of tax system, loss/damage due to natural disasters such as earthquakes, deterioration over time, and the discovery of hidden defects such as soil pollution.

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