About This Restaurant
Investment Highlights
Great access & visibility from signalized corner intersection | NC Hwy 127 & Rink Dam Rd | 18,900 VPD combined Corporate lease | Starbucks Corporation | 35,700+ locations worldwide Investment grade credit | Baa1/BBB+ New 10-year lease New construction | Upcoming 2024 completion Affluent surrounding area | $118,764 average household income within a 1-mile radius | 6.5K+ homes within a 3-mile radius
Executive Summary
Ransome Foose and Carl Brendes of Berkeley Capital Advisors are pleased to present for sale Starbucks in Hickory, NC. We welcome your review of this attractive investment.
Property Details
- Sale Type Investment
- Sale Condition Build to Suit
- Property Type Retail
- Property Subtype Fast Food
- Building Size 2,500
- Year Built 2024
- Price 2,725,000
- Price Per SF 1,090
- Cap Rate 5.50
- NOI 149,887
- Tenancy Single
- Building Height 1 Story
- Building FAR 0.05
- Land Acres 1.26 AC
Amenities
- Air Conditioning
| Date Created: | 2024-07-16 04:16:23 | Last Updated: | 2024-07-16 04:16:23 |
| Address: | 71 Rink Dam Rd , Hickory, North Carolina, 28601 | ||