105 Marketplace Blvd
Selinsgrove, PA 17870
Retail Property For Sale

Marcus & Millichap is pleased to exclusively offer for sale this corporate guaranteed Starbucks in Selinsgrove, Pennsylvania. Starbucks Corporation recently agreed to renew their lease for an additional 10 years, showing their commitment to this location. They have two, 5-year option periods remaining with significant rent increases at the start of each option. The lease is double-net with the landlord responsible for roof and structure only. This location is the only full-service Starbucks within an 8-mile radius. With an average household income of over $71,000 within a 1-mile radius of the subject property, the immediate area provides ideal trade demographics for Starbucks. This Starbucks is an outparcel to Monroe Marketplace, a large shopping center featuring Best Buy, Target, Kohl's, Giant Food Stores, Michaels, PetSmart, Staples and Ulta Beauty. Susquehanna Valley Mall is located just two miles down the road, and is the only other major shopping center in the area. Located just off North Susquehanna Trail (U.S. Highway 15/501), Starbucks is positioned alongside a multitude of national restaurant chains such as McDonald's, Burger King, KFC, Bob Evans, Long John Silvers, Pizza Hut, Arby's, Red Robin, Moe's Southwest Grill, Buffalo Wild Wings, LongHorn Steakhouse, Papa John's Pizza, Dunkin' Donuts, Texas Roadhouse, Panera Bread, Rita's Italian Ice, Wendy's, Perkins Restaurant & Bakery, Taco Bell, Denny's and Applebee's. Selinsgrove is conveniently located just 37 miles north of Harrisburg, Pennsylvania and just 60 miles east of State College, Pennsylvania. Harrisburg is home to Hersey Park, a national attraction, and State College is the college town surrounding Pennsylvania State University which has roughly 46,000 undergraduate students.