6900 York Rd
Baltimore, MD 21212
Starbucks | NOW OPEN! · Retail Property For Sale

Marcus & Millichap, on behalf of ownership, is pleased to exclusively offer the fee simple interest in this newly constructed Starbucks drive-thru cafe in Towson, Maryland. The Tenant, Starbucks, is subject to a brand new 10-year NN lease that features rental increases every five years during the base term and option periods. The lease is corporately guaranteed by Starbucks Corp., the premier roaster and retailer of specialty coffee in the world, operating in 69 counties. Starbucks Corp. (NASDAQ: SBUX) is publicly traded, with an investment grade credit rating of A by Standard & Poor' s. Founded in 1985, Starbucks operates more than 22,500 locations and has a market cap of $89.1 billion (as of 4-24-17) with an annual revenue of $21.3 billion. The Property is located within densely populated, affluent suburban Baltimore between the Rodgers Forge and Stoneleigh neighborhoods. To the north, less than one mile away is Towson University with more than 25,000 students and faculty. The population within a one-mile radius includes more than 22,000 people with an average household income of $104,988 and is in close proximity to area elementary and middle schools.