Restaurant
Starbucks
591 Old Franklin Turnpike, Rocky Mount, VA 24151
Listing Price: $3,280,000
Investment Overview
• New 2022 Construction with Drive Thru • 10-Year Corporate Lease | 10% Increases with Six Options to Renew • No Early Termination “Kick-Out” Clause • Starbucks Corporation has 34,000+ Global Locations and Growing • Investment Grade Credit Tenant | S&P BBB+ • Across from Very Active Walmart Supercenter and Lowe’s Home Improvement • Features Covered Patio Area • Next to Newly Built O’Reilly Auto Parts • Limited Competition | Only Starbucks within 30-Minute Radius • Dense Retail Corridor Serving Large Trade Area of Rocky Mount, Smith Mountain Lake, Martinsville, and Ferrum • Town of Rocky Mount Located Along the Scenic Appalachian Region • Minutes from Carilion Franklin Memorial Hospital • Traffic Counts of Nearly 19,000 VPD Along Old Franklin Turnpike • Proximity to Franklin County Elementary, Middle and High Schools • Nearby Retailers Include: Walmart, Lowes, Wendy’s, Taco Bell, McDonald’s, Dairy Queen, Walgreens, CVS, Holiday Inn, Harbor Freight, and Kroger’s
Investment Highlights
- Across from Walmart Supercenter and Lowe's Home Improvement
- Limited Competition | Only Starbucks within 30-Minute Radius
- Brand New Construction Scheduled for Rent Commencement in First Quarter 2023
Exclusively Listed By
Broker of Record
-
Brian Hosey
First Vice President/ Division Manager
Financing By
Listing Price: $3,280,000
Investment Highlights
- Across from Walmart Supercenter and Lowe's Home Improvement
- Limited Competition | Only Starbucks within 30-Minute Radius
- Brand New Construction Scheduled for Rent Commencement in First Quarter 2023
Investment Overview
• New 2022 Construction with Drive Thru • 10-Year Corporate Lease | 10% Increases with Six Options to Renew • No Early Termination “Kick-Out” Clause • Starbucks Corporation has 34,000+ Global Locations and Growing • Investment Grade Credit Tenant | S&P BBB+ • Across from Very Active Walmart Supercenter and Lowe’s Home Improvement • Features Covered Patio Area • Next to Newly Built O’Reilly Auto Parts • Limited Competition | Only Starbucks within 30-Minute Radius • Dense Retail Corridor Serving Large Trade Area of Rocky Mount, Smith Mountain Lake, Martinsville, and Ferrum • Town of Rocky Mount Located Along the Scenic Appalachian Region • Minutes from Carilion Franklin Memorial Hospital • Traffic Counts of Nearly 19,000 VPD Along Old Franklin Turnpike • Proximity to Franklin County Elementary, Middle and High Schools • Nearby Retailers Include: Walmart, Lowes, Wendy’s, Taco Bell, McDonald’s, Dairy Queen, Walgreens, CVS, Holiday Inn, Harbor Freight, and Kroger’s
Exclusively Listed By
Broker of Record
-
Brian Hosey
First Vice President/ Division Manager
Financing By

