4614 Penn Ave | Sinking Spring, PA 19608
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4614 Penn Ave
Sinking Spring, PA 19608
Starbucks | Sinking Spring, PA · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Built in November 2024, the property features Starbucks' latest prototype and ground-up construction, effectively minimizing deferred maintenance
- Corporately backed by Starbucks, a global brand with an investment-grade BBB+ credit rating from S&P
- Situated along Penn Avenue (20k VPD) Starbucks is part of a newly developed retail cluster and a surge of new construction residential developments
- Fresh 10 year lease with 3x5 year renewal options that offers stable cash flow with limited landlord responsibilities
- Limited competition - this is the only Starbucks in immediate trade area with the next free standing Starbucks over 8 miles away
- Thriving market with strong demographics -Just 6 miles SW of Reading, PA, this location enjoys strategic connectivity to U.S. Route 422 and I-76
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
2,400 SF
Year Built
2024
Tenancy
Single
Building Height
1 Story
Building FAR
0.03
Lot Size
1.72 AC
Parking
27 Spaces
Frontage
264’ on Penn Avenue
AMENITIES
- 24 Hour Access
PROPERTY TAXES
| Parcel Number | 51-4376-11-76-8227 | Improvements Assessment | $219,100 |
| Land Assessment | $278,200 | Total Assessment | $497,300 |
PROPERTY TAXES
Parcel Number
51-4376-11-76-8227
Land Assessment
$278,200
Improvements Assessment
$219,100
Total Assessment
$497,300
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