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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 and ground coffee, tea, and spices. The company became a coffeehouse in 1987 and has since expanded into a global business centered on coffee drinks, food, cups, and merchandise. Starbucks now connects with millions of customers every day through a broad retail network and also brings some of its branded coffee products and creamers into grocery channels. The company's business is built around coffee craftsmanship, food and beverage service, and neighborhood-focused store experiences.
| 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
Presented by
8457-8459 Fort Smallwood Rd
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