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298 Premier Blvd
Roanoke Rapids, NC 27870
Retail Property For Sale
Investment Highlights
- Per Placer Ai, this store ranks in the top 96% of Starbucks Nationally.
- Starbucks has operated at this location since 2005, executing a 10-year extension in 2015, which shows long term commitment to the location.
- Corporate Guaranty from Starbucks (SBUX), National Investment Grade Tenant BBB+ (S&P)
- No Early Termination: Starbuck’s Early Termination Date Expired 3/31/2021, providing investors additional security.
- Subject Property features 4, 5-Year Options with 5% rental increases to hedge against inflation
Property Facts
Property Type
Retail
Property Subtype
Fast Food
Building Size
1,948 SF
Building Class
B
Year Built
2005
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
0.67 AC
Zoning
RRB4
Parking
16 Spaces (8.21 Spaces per 1,000 SF Leased)
Frontage
51’ on Premier Blvd
Amenities
- Dedicated Turn Lane
- Freeway Visibility
- Pylon Sign
- Signage
- Signalized Intersection
- Drive Thru
Property Taxes
| Parcel Number | 09-19952 | Improvements Assessment | $415,800 |
| Land Assessment | $388,400 | Total Assessment | $804,200 |
Property Taxes
Parcel Number
09-19952
Land Assessment
$388,400
Improvements Assessment
$415,800
Total Assessment
$804,200
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