Skip to main content

Restaurant

Starbucks w/ Dr-Thru | Outside Richmond, VA | 2022 Construction | Hard Corner | Adjacent to Walmart

101 Peebles St, South Hill (Outside Richmond), VA 23970

Listing Price: $2,486,382

Cap Rate
5.50%
Tenant Name
Starbucks
Years Remaining On Lease
9.7
Gross SF
2,500
Guarantor
Corporate Guarantee
Rentable SF
2,500
Price/Gross SF
$994.55
Lease Type
Double Net
Rent Per Square Feet
$54.70

Investment Overview

South Hill is a town in Mecklenburg County, Virginia. located on major Interstate and U.S. highways, it has a full-service hospital (serving patients from several rural counties), a tobacco market, and several hotels. South Hill has a close relationship with the neighboring town of La Crosse. Lake Gaston, a large reservoir popular with boaters and fishermen, is a short distance to the southwest.

Investment Highlights

  • Starbucks w/ Drive-Thru Featuring 10% Every 5 Years Throughout the Initial Term and Options. Brand New 2022 High Quality Construction w/ 10 Year Roof Warranty.
  • Positioned Along Area's Major Traffic & Retail Corridor. Hard Corner Location - Easy Access & Excellent Visibility w/ Daily Traffic Counts Exceeding 25k Vehicles. Immediate Access to/from I-85.
  • Adjacent to Walmart Supercenter and near Numerous other National Retailers including The Home Depot, Food Lion, CVS, Tractor Supply, Harbor Freight and many more.
  • Starbucks has a S&P Investment Grade Credit Rating of "BBB+" and is Ranked #125 on the Fortune 500 List with an Annual Revenue of more than $29.06 Billion.

Exclusively Listed By

  • Alvin N. Mansour

    Executive Managing Director Investments

    (858) 373-3184

    Email Alvin

    License(s): CA: 01391653, TX: 0606255

    San Diego

Broker of Record

  • Brian Hosey

    First Vice President/ Division Manager

    (202) 536-3700

    License(s) VA: 0225247494

    Virginia

Financing By

Restaurant

Starbucks w/ Dr-Thru | Outside Richmond, VA | 2022 Construction | Hard Corner | Adjacent to Walmart

Listing Price: $2,486,382

Cap Rate
5.50%
Tenant Name
Starbucks
Years Remaining On Lease
9.7
Gross SF
2,500
Guarantor
Corporate Guarantee
Rentable SF
2,500
Price/Gross SF
$994.55
Lease Type
Double Net
Rent Per Square Feet
$54.70

Investment Highlights

  • Starbucks w/ Drive-Thru Featuring 10% Every 5 Years Throughout the Initial Term and Options. Brand New 2022 High Quality Construction w/ 10 Year Roof Warranty.
  • Positioned Along Area's Major Traffic & Retail Corridor. Hard Corner Location - Easy Access & Excellent Visibility w/ Daily Traffic Counts Exceeding 25k Vehicles. Immediate Access to/from I-85.
  • Adjacent to Walmart Supercenter and near Numerous other National Retailers including The Home Depot, Food Lion, CVS, Tractor Supply, Harbor Freight and many more.
  • Starbucks has a S&P Investment Grade Credit Rating of "BBB+" and is Ranked #125 on the Fortune 500 List with an Annual Revenue of more than $29.06 Billion.

Investment Overview

South Hill is a town in Mecklenburg County, Virginia. located on major Interstate and U.S. highways, it has a full-service hospital (serving patients from several rural counties), a tobacco market, and several hotels. South Hill has a close relationship with the neighboring town of La Crosse. Lake Gaston, a large reservoir popular with boaters and fishermen, is a short distance to the southwest.

Exclusively Listed By

  • Alvin N. Mansour

    Executive Managing Director Investments

    (858) 373-3184

    Email Alvin

    License(s): CA: 01391653, TX: 0606255

    San Diego

Broker of Record

  • Brian Hosey

    First Vice President/ Division Manager

    (202) 536-3700

    License(s): VA: 0225247494

    Virginia

Financing By

MM Texture Background
MM Textured Background Lower