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14187 Clearfield Shawville Hwy 2,516 SF Retail Building Clearfield, PA 16830 $3,040,000 ($1,208.27/SF) 6.25% Cap Rate
INVESTMENT HIGHLIGHTS
- NEW CONSTRUCTION
- ATTRACTIVE RENTAL INCREASES
- LOCATED IN HIGH TRAFFIC CORRIDOR
- NEW 10-YEAR LEASE & MINIMAL LANDLORD RESPONSIBILITIES
- CORPORATE GUARANTY FROM INVESTMENT GRADE TENANT
- DYNAMIC REGIONAL RETAIL CORRIDOR
EXECUTIVE SUMMARY
Atlantic Capital Partners is pleased to present for sale the newly constructed Starbucks located along Clearfield Shawville Highway in Clearfield, Pennsylvania. The 2,516 SF store sits on a 1.44-acre parcel and is backed by a brand new 10-year NN lease with Starbucks Corporation, and the store has a projected opening date of Q4 2024. The lease generates $190,000 in annual base rent with scheduled 10% rent escalations in each option period, providing attractive built-in income growth. The asset is priced at $$3,040,000, reflecting a 6.25% cap rate. Strategically positioned along PA Route 879 (13,025 VPD) and directly off I-80 (24,919 VPD), the property benefits from excellent visibility and access, capturing both local and regional traffic. The offering provides investors the opportunity to acquire a high-quality asset featuring new construction, a limited landlord responsibilities (roof & structure only), and durable cash flow secured by a premier national tenant.
PROPERTY FACTS
Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Building Size
2,516 SF
Building Class
C
Year Built
2025
Price
$3,040,000
Price Per SF
$1,208.27
Cap Rate
6.25%
NOI
$190,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
1.44 AC
Zoning
Commercial
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 1230L0700000033 | Improvements Assessment | $87,900 |
| Land Assessment | $44,250 | Total Assessment | $132,150 |
PROPERTY TAXES
Parcel Number
1230L0700000033
Land Assessment
$44,250
Improvements Assessment
$87,900
Total Assessment
$132,150
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14187 Clearfield Shawville Hwy
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