Brand New 2025 Starbucks Drive-Thru Located at a Signalized Intersection Along Route 130 In Pennsauken, NJ With Exposure to Approximately 46,500 Vehicles Per Day
Corporate-guaranteed NN Lease Backed By Starbucks Corporation(NASDAQ: SBUX), An Investment-Grade Tenant Rated BBB+ by S&P
8.75 Years of Lease Term Remaining With Four 5-Year Renewal Options Extending Potential Occupancy Through 2055
Attractive 10% Rent Increases Every Five Years Throughout the Base Term and Option Periods, Providing Long-term NOI Growth and Inflation Protection
Minimal Landlord Responsibilities with NN Lease Structure; Tenant Responsible For Taxes, Insurance, Utilities, Repairs, And Maintenance
Dense Infill Philadelphia Metro Location With Nearly 490,000 Residents And Average Household Incomes Exceeding $92,000 Within a 5-Mile Radius
Strategically Positioned Near Routes 130, 70, 73, and Interstate 676, Offering Strong Regional Connectivity Throughout Southern New Jersey and Philadelphia
Located Within an Established Retail Corridor Surrounded by National Retailers, Financial Institutions, Healthcare Providers, and Daily-needs Businesses Driving Consistent Consumer Traffic
Starbucks Operates More Than 38,000 Locations Globally and Generates Over $36 Billion In Annual Revenue, Making it One of the Strongest Brands in the Quick-Service Retail Sector
Fee Simple Ownership Opportunity on a 0.61-Acre Parcel Featuring Dedicated Drive-Thru Access and 14 Parking Spaces