28575 Marlboro Ave Easton, MD 21601

Listing agency Marcus & Millichap - Washington, D.C. d***@marcusmillichap.com Show Phone

Listed by Dean Zang · License #License(s): MD: 665335, VA: 0225239201 Show Phone

Source Marcusmillichap

Added: Apr 3 Updated: Jul 10 at 3:55PM Checked: Jul 10 at 3:55PM

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Investment Insights

Based on property information with market context.

The property features a new 10-year corporate lease with Starbucks Corporation, with a store opening scheduled for October 2025. The lease includes a rental increase of 21 percent in its first option period and 10% every option thereafter. Starbucks is rated "BBB+" by Standard & Poor’s and is publicly traded on the NASDAQ. The location is the renovation of a former Chevy Chase Bank building constructed in 2008. The landlord recently renovated the building to allow for nine car stacking in the drive-thru and contributed $57 PSF to the TI package. The tenant is paying $38 PSF, which is a market rental rate for this location’s quality. The property size is 3549 square feet and is located at 28575 Marlboro Ave, Easton, MD 21601.

Key Highlights

• New 10‑year corporate lease with Starbucks Corporation (BBB+ rated).
• Rental increase of 21% in the first option period and 10% every option thereafter.
• Tenant paying market rental rate of $38 PSF.

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Similar Off Market Nearby

• Starbucks — 28528 Marlboro Ave, Easton, MD 21601
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FAQs

What type of property is this?

Coffee shop - New 10-year corporate Starbucks lease in Easton, Maryland.

Where is this coffee shop located?

The property is located at 28575 Marlboro Ave Easton, MD.

What is the asking price?

The asking price for this property is $2,454,545.

What are key features of this property?

This property features: New 10‑year corporate lease with Starbucks Corporation (BBB+ rated).; Rental increase of 21% in the first option period and 10% every option thereafter.; Tenant paying market rental rate of $38 PSF.