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Towne Creek Commons 916 E Innes St 7,841 SF 100% Leased Retail Building Salisbury, NC 28144 $3,950,000 ($503.76/SF) 6.14% Cap Rate



Investment Highlights
- Attractive Rent Increases
- Investment Grade Anchors
- Strategic Retail Location
- Minimal Landlord Responsibilities
- Experienced Operators
- Traffic Counts
Executive Summary
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Amenities
- Pylon Sign
- Restaurant
- Signage
- Signalized Intersection
- Waterfront
- Drive Thru
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- Accommodation and Food Services
- -
- -
-
Jan 0000
Starbucks is a publicly traded coffeehouse and beverage company focused on the sourcing, roasting, and retailing of coffee and related products. Founded in 1971 in Seattle, Washington, the company began as a retailer of whole bean coffee and coffee equipment before evolving into a café-based model in the late 1980s. Starbucks operates company-owned and licensed locations across the Americas, Europe, the Middle East, Africa, and the Asia-Pacific region, supported by regional offices and corporate functions. The company’s operations include retail stores, roasting facilities, and supply chain infrastructure that supports both in-store and packaged goods channels. Starbucks has expanded its portfolio over time to include tea-based beverages, food offerings, and ready-to-drink products distributed through grocery and foodservice partners. The company has also developed premium concepts, including Starbucks Reserve, which emphasizes small-batch coffee and experiential retail formats. Starbucks is listed on the Nasdaq under the ticker symbol SBUX. Its corporate headquarters, known as the Starbucks Center, is located in Seattle and houses executive leadership, global operations, and administrative functions.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
Accommodation and Food Services | - | - | Jan 0000 |
Nearby Major Retailers
Property Taxes
| Parcel Number | 059-128 | Improvements Assessment | $1,496,420 |
| Land Assessment | $1,207,476 | Total Assessment | $2,703,896 |
Property Taxes
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Towne Creek Commons | 916 E Innes St
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