Shopping Strip
Starbucks Anchored Strip Center | Washington, D.C. MSA
3728 Crain Hwy, Waldorf, MD 20603
Listing Price: $7,650,914
Investment Overview
This is an opportunity to acquire a newly constructed 8,485 square-foot strip center with restaurant and service-oriented retailers (the “Offering”). Fully occupied, the Offering includes esteemed retailers Crumbl Cookie, Jersey Mike’s, Aspen Dental, and Starbucks with drive-thru, and is shadow-anchored by Chick-fil-A. The Offering has a high credit profile as Starbucks and Aspen Dental represent 80% of net operating income, and a strong weighted average lease term (WALT) remaining of over nine years.
Shopping Strip
Starbucks Anchored Strip Center | Washington, D.C. MSA
Listing Price: $7,650,914
Investment Highlights
- Newly Constructed Strip Center with Starbucks on Endcap with Drive-Thru
- Shadow-Anchored by Chick-fil-A
- Exceptional Positioning Along Crain Highway (Route 301), Visible to 65,873 VPD
Investment Overview
This is an opportunity to acquire a newly constructed 8,485 square-foot strip center with restaurant and service-oriented retailers (the “Offering”). Fully occupied, the Offering includes esteemed retailers Crumbl Cookie, Jersey Mike’s, Aspen Dental, and Starbucks with drive-thru, and is shadow-anchored by Chick-fil-A. The Offering has a high credit profile as Starbucks and Aspen Dental represent 80% of net operating income, and a strong weighted average lease term (WALT) remaining of over nine years.
