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8457-8459 Fort Smallwood Rd 2,422 SF Retail Building Pasadena, MD 21122 $3,077,742 ($1,270.74/SF) 5.50% Cap Rate
Investment Highlights
- New 10-year lease with four (4) 5-year options
- 2,422 SF ± freestanding restaurant with drive-thru
- Attractive location in Pasadena, MD
- Starbucks Corporation guaranty
- NNN Lease structure
Executive Summary
Property Facts
Amenities
- Signage
- Drive Thru
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- Accommodation and Food Services
-
99,999 SF
- -
-
Jan 0000
Starbucks began in 1971 in Seattle's Pike Place Market as a roaster and retailer of whole bean coffee, tea, and spices, and the business later developed into a coffeehouse brand centered on handcrafted beverages and customer connection. Starbucks operates a large network of company-operated and licensed coffeehouses and has a growing presence in consumer-packaged goods, extending the brand beyond cafés into at-home coffee products. The company's menu and format strategy includes coffeehouse and menu innovation, along with food offerings that span bakery items, snacks, and other daypart products. Starbucks focuses on specialty coffee, beverage service, and branded consumer products across its retail and packaged-goods business.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
|
Accommodation and Food Services | 99,999 SF | - | Jan 0000 |
Property Taxes
| Parcel Numbers | Improvements Assessment | $157,400 | |
| Land Assessment | $363,900 | Total Assessment | $521,300 |
Property Taxes
