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4800 Park Blvd
Wildwood, NJ 08260
Starbucks Ground Lease · Retail Property For Sale
Investment Highlights
- Starbucks assumes all property expenses, creating a truly passive investment
- Lease includes 10% rent increases every five years, offering strong rental growth
- Lease guaranteed by Starbucks Corporation, a high-credit tenant with an S&P rating of BBB+
- 10-year initial term with four five-year renewal options
Property Facts
Property Type
Retail
Property Subtype
Building Size
900 SF
Building Class
B
Year Built
2023
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
0.37 AC
Zoning
commercial - drive through
Parking
11 Spaces (12.22 Spaces per 1,000 SF Leased)
Amenities
- Drive Thru
Property Taxes
| Parcel Number | 14-00047-0000-00009 | Improvements Assessment | $239,700 |
| Land Assessment | $410,000 | Total Assessment | $649,700 |
Property Taxes
Parcel Number
14-00047-0000-00009
Land Assessment
$410,000
Improvements Assessment
$239,700
Total Assessment
$649,700
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