Starbucks Ground Lease

1340 S Fairview St, Delran, NJ 08075
Offering MemorandumAerial Tour

Starbucks Ground Lease

Freestanding Retail w/ Drive-Thru

Property Details

  • Freestanding Retail w/ Drive-Thru
  • 1,800 SF
  • Located at the busy intersection of Burlington Pike (Rt 130) and S Fairview St – Burlington Pike has a traffic count of 51,575 VPD
  • The heavily traveled corridors and surrounding demographics make this an ideal location for a drive-thru Starbucks
  • Surrounding tenants include ShopRite, Wells Fargo, Walgreens, Chick-fil-A, Lowe’s, Staples, Five Below, Pets Plus, and many more

Investment Highlights

  • Price: $1,883,317
  • Cap Rate: 4.25%
  • 10% Rental Increases Every Five Years
  • Ground Lease – No LL Responsibilities
  • 8 Years Remaining on Recently Extended Lease

Contact

Ken Yanni

484.417.2223
kyanni@equityretailbrokers.com

Alan Goldstein

201.703.9700 x113
agoldstein@thegoldsteingroup.com

Property Location

Starbucks Ground Lease

1340 S Fairview St
Delran, NJ 08075