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Drive-Thru Starbucks Ground Lease
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430 Pennsylvania Ave, Fort Washington, PA 19034

Recently constructed, single-tenant Starbucks with drive-thru and outdoor seating and over nine years remaining on a NN lease.

Property SizeContact for details
Days on Market135

Property Features for 430 Pennsylvania Ave

General Information

Standard status Active
Property subtype Retail

Site & Location

Traffic Count 15,250 vehicles/day
Highway Access Yes
Road Access Yes

Amenities

drive-thru
outdoor seating area

Building Details

Tenancy Single
Listing Agency: Forged Real Estate
Listed By: Marco DiPrinzio · License #327764
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 22 at 3:57PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Forged Real Estate

Investment Insights

Based on property information with market context.

Forged Real Estate is pleased to exclusively offer the opportunity to acquire a single-tenant property leased to Starbucks in Fort Washington, Pennsylvania. The recently constructed Starbucks features a drive-thru and an outdoor seating area. Starbucks has over nine (9) years remaining on their NN lease, with an upcoming rental increase in March of 2024. The lease also calls for ten percent (10%) rental increases in each of the four option periods.

The property provides strong transportation access and visibility along Pennsylvania Ave (15,250 VPD) and is just under one half (0.5) mile from the entrance to the PA Turnpike/I-276 (108,000 VPD) as well as the Fort Washington Expressway/PA-309 (54,000 VPD). Starbucks is seconds from the Fort Washington SEPTA Station on the Lansdale/Doylestown line, averaging over 86,000 weekly riders. The site is directly adjacent to a Holiday Inn Express.

The surrounding area includes a densely populated trade area, with nearly 60,000 residents within three miles and average household income of over $160,000, along with further growth reported in the five-mile radius.

Key Highlights

  • Single‑tenant Starbucks leased to Starbucks with over 9 years remaining on a NN lease
  • Lease includes an upcoming rental increase in March 2024 and 10% rental increases in each of the four option periods
  • Property features a drive‑thru and outdoor seating area

Property Analytics

Current Use

Starbucks Cafe & Coffee Shop

Suggested Use

Top Pick Hair Salon Restaurant Nail Salon HVAC Service Pharmacy (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

15,250 VPD
Traffic count
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

727
Businesses Nearby
71k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Shops & Services 58% Dining 28% Hotels & Casinos 14%
Wawa Shops & Services
20,594 visits/mo 0.3 miles
Lukoil Shops & Services
17,107 visits/mo 0.3 miles
Starbucks Dining
12,221 visits/mo 0.1 miles
Dunkin' Donuts Dining
7,670 visits/mo 0.2 miles
Holiday Inn Express & Suites Ft. Washington - Philadelphia Hotels & Casinos
4,564 visits/mo 0.1 miles

Demographics for 19034, PA

6,685
Population
2,613
Households
2.6
Avg Household Size
44
Median Age
62%
College-Educated
96%
High-School Grad
7.1 sq mi
ZIP Area
942
Density / Sq Mi
$164,531
Median Household Income
$75,222
Median Earnings
$1,523
Median Rent
$611,400
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
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Similar Off Market Nearby

  • Zakes Cafe 444 S Bethlehem Pike, Fort Washington, PA 19034
  • Dining Room 340 Morris Rd, Fort Washington, PA 19034
  • Starbucks 430 Pennsylvania Ave, Fort Washington, PA 19034

Frequently Asked Questions

What type of property is this?
Coffee shop - Recently constructed, single-tenant Starbucks with drive-thru and outdoor seating and over nine years remaining on a NN lease.
Where is this coffee shop located?
The property is located at 430 Pennsylvania Ave Fort Washington, PA.
What are key features of this property?
This property features: Single‑tenant Starbucks leased to Starbucks with over 9 years remaining on a NN lease; Lease includes an upcoming rental increase in March 2024 and 10% rental increases in each of the four option periods; Property features a drive‑thru and outdoor seating area
(610) 608-2621 Call to check price and availability
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