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1209 N Main St Marion, VA 24354

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For Sale
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New construction Starbucks with corporate lease and rental increases.

Property size:
2,500 SF
Lot size:
0.77 Acres

Property Features for 1209 N Main St

General Information

Size
2,500 SF
Lot size
0.77 Acres

Source: SRS Real Estate Partners | McLean Agent Andrew Fallon

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Starbucks NNN Investment Opportunity

This property, suitable for coffee shops, restaurants, retail, NNN, and specialty purposes, features a Starbucks location with over 12 years remaining on their lease and 6 (5-year) options to extend, demonstrating a long-term commitment to the site. Constructed in 2022, the 2,500 square foot building incorporates high-quality materials, high-level finishes, and distinct Starbucks design elements. The lease is corporate signed by Starbucks, an investment grade (S&P: BBB+), nationally recognized, and established firm with over 38,000 stores. The lease includes 10% rental increases every 5 years and at the beginning of each option. The tenant is responsible for taxes, insurance, and maintaining most aspects of the premises. Landlord responsibilities are limited to the roof, structure, foundation, parking lot, and HVAC, making it an ideal, low-management investment for a passive investor.
Location Intelligence

Current Use by Public Records

Coffee shops

Suggested Use

Restaurant Realty agency Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Nail Salon Hotel & Motel Auto Parts Store

Zoning and permitted uses should be independently verified with local authorities.

Similar Places Nearby

Better Coffee Co., Virginia ISP Services, Starbucks

Location Insight

  • Map
  • Local Demand
City
Marion
County
Smyth
State
Virginia
Longitude
-81.5395985
Latitude
36.8239159

FAQs

What type of property is this?
Coffee shop - New construction Starbucks with corporate lease and rental increases.
Where is this coffee shop located?
The property is located at 1209 N Main St Marion, VA.
What are key features of this property?
This property features: - Long-term Starbucks lease with 12+ years remaining and multiple extension options, indicating strong tenant commitment.; - Corporate lease signed by Starbucks, an investment-grade (S&P: BBB+) tenant.; - New 2022 construction with high-quality materials and finishes.
More about this property
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