• Broker Matthew Gorman 2156036914
  • Broker Rob Thompson 6102510820
  • Broker Michael Shover 4845672344

Starbucks | Sinking Spring, PA 4614 Penn Ave 2,400 SF Retail Building Sinking Spring, PA 19608 $2,683,000 ($1,117.92/SF) 6.15% Cap Rate

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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

EXECUTIVE SUMMARY

CBRE IS PLEASED TO EXCLUSIVELY PRESENT FOR SALE this brand-new, 2,400-square-foot Starbucks with a drive-thru, strategically positioned in Sinking Spring, Pennsylvania. Completed in 2024 and officially opened in November, this ground-up construction features Starbucks' latest drive-thru-focused prototype, designed for maximum efficiency, operational performance, and evolving consumer preferences. The property sits on a spacious 1.72-acre parcel with elevated construction, offering excellent visibility and strong curb appeal along Penn Avenue (Route 422), which sees over 20,000 vehicles per day.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
2,400 SF
Year Built
2024
Price
$2,683,000
Price Per SF
$1,117.92
Cap Rate
6.15%
NOI
$165,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.03
Lot Size
1.72 AC

AMENITIES

  • 24 Hour Access

LINKS

TRAFFIC

COLLECTION STREET CROSS STREET TRAFFIC VOLUME YEAR Distance
W Penn Ave Wynnewood Rd, E 21,044 2025 0.13 mi
Penn Avenue Ralph Ave, E 18,506 2025 0.24 mi
West Penn Avenue Ralph Ave, E 18,611 2024 0.24 mi
W Penn Ave Summit Ave, W 23,340 2024 0.37 mi
Woodrow Avenue Vester Pl, N 2,753 2020 0.48 mi
Woodrow Ave Vester Pl, N 2,701 2025 0.48 mi
Mountain Home Road Montello Rd, SW 2,796 2022 0.52 mi
Mountain Home Road Wernersville Rd, W 4,940 2025 0.52 mi
Mountain Home Rd Montello Rd, SW 3,669 2025 0.55 mi
Columbia Ave New St, SW 6,488 2024 0.57 mi

NEARBY MAJOR RETAILERS

Citizens Bank
Storage Sense
Redner's Warehouse Markets

MAP

ADDITIONAL PHOTOS

View Photo Starbucks 2
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View Photo Starbucks Map 1
View Photo Starbucks Map 2

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