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Restaurant

Starbucks

105 Marketplace Blvd., Selinsgrove, PA 17870

Listing Price: $2,000,000

Cap Rate
4.65%
Tenant Name
Starbucks Corporation
Years Remaining On Lease
6.4
Guarantor
Corporate Guarantee
Rentable SF
1,745
Lease Type
Double Net
Rent Per Square Feet
$53.30

Investment Overview

Marcus & Millichap is pleased to present Starbucks, a rare opportunity for an investor to purchase a truly iconic brand with a proven track record of success in the submarket of Selinsgrove, PA. The subject property is located on a central corridor that is the only route pointing north and perfectly positioned at a true commuter and traveler choke-point, which is a testament to the drive through traffic this location experiences as a result. It is also the only full-service Starbucks within an 8-mile radius. The recent lease extension and store remodel demonstrate Starbucks’ commitment to this location as well. The subject property has a variety of phenomenal core real estate drivers that ensure future appreciation and stability of the location.

Investment Highlights

  • Corporate Guaranteed Lease
  • Only Full Service Starbucks in 8-Mile Radius
  • 10+ Year Successful Operating History
  • $70,078 Household Income Within 1-Mile
  • Less Than Two Miles From Susquehanna Valley Mall & Outparcel to Large Shopping Center with Several Anchor Tenants
  • Recent Lease Extension and Store Remodel Demonstrating Starbucks' Commitment to This Location

Broker of Record

  • Sean Beuche

    Vice President/Regional Manager

    (215) 531-7000

    License(s) PA: RM424190

    Pennsylvania

Listing Price: $2,000,000

Cap Rate
4.65%
Tenant Name
Starbucks Corporation
Years Remaining On Lease
6.4
Guarantor
Corporate Guarantee
Rentable SF
1,745
Lease Type
Double Net
Rent Per Square Feet
$53.30

Investment Highlights

  • Corporate Guaranteed Lease
  • Only Full Service Starbucks in 8-Mile Radius
  • 10+ Year Successful Operating History
  • $70,078 Household Income Within 1-Mile
  • Less Than Two Miles From Susquehanna Valley Mall & Outparcel to Large Shopping Center with Several Anchor Tenants
  • Recent Lease Extension and Store Remodel Demonstrating Starbucks' Commitment to This Location

Investment Overview

Marcus & Millichap is pleased to present Starbucks, a rare opportunity for an investor to purchase a truly iconic brand with a proven track record of success in the submarket of Selinsgrove, PA. The subject property is located on a central corridor that is the only route pointing north and perfectly positioned at a true commuter and traveler choke-point, which is a testament to the drive through traffic this location experiences as a result. It is also the only full-service Starbucks within an 8-mile radius. The recent lease extension and store remodel demonstrate Starbucks’ commitment to this location as well. The subject property has a variety of phenomenal core real estate drivers that ensure future appreciation and stability of the location.

Broker of Record

  • Sean Beuche

    Vice President/Regional Manager

    (215) 531-7000

    License(s): PA: RM424190

    Pennsylvania

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