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Starbucks 7417 Augusta Rd

2,500 SF Retail Building Piedmont, SC 29673 $2,091,000 ($836/SF) 5.50% Cap Rate

Investment Highlights

  • 2024 brand new construction with covered patio
  • Corporate Lease | Starbucks Corporation | 38,083+ locations across 86 countries
  • Located inside of dense industrial corridor | 12.3M SF within a 2-mile radius
  • Desirable Lease | 10-year term
  • Investment grade Credit | Baa1/BBB+
  • Large parcel | 1.82 acres

Executive Summary

Ransome Foose and Carl Brendes of Berkeley Capital Advisors are pleased to present for sale Starbucks in Piedmont, SC. We welcome your review of this attractive investment.

Property Facts

Sale Type
Investment
Sale Condition
Build to Suit
Property Type
Retail
Property Subtype
Restaurant
Building Size
2,500 SF
Year Built
2024
Price
$2,091,000
Price Per SF
$836
Cap Rate
5.50%
NOI
$115,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.03
Lot Size
1.82 AC
Opportunity Zone
Yes
Zoning
Commercial - Commercial
Parking
36 Spaces (14.4 Spaces per 1,000 SF Leased)

Amenities

  • Air Conditioning

Nearby Major Retailers

Waffle House
Ingles
  • Listing ID: 32462299

  • Date on Market: 7/15/2024

  • Last Updated:

  • Address: 7417 Augusta Rd, Piedmont, SC 29673

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