Drive-Thru Starbucks Ground
430 Pennsylvania Ave Fort Washington, PA 19034
430 Pennsylvania Ave, Fort Washington, PA, 19034
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For Sale
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Recently constructed, single-tenant Starbucks with drive-thru and outdoor seating and over nine years remaining on a NN lease.
Days on Market103
Property Features for 430 Pennsylvania Ave
General Information
- Standard status
- Active
- Property subtype
- Retail
Listing agency
Forged Real Estate
(610) 608-2621
Listed by
Marco DiPrinzio · License #327764
Source
Crexi
Added: Apr 11 Updated: Jul 22 at 3:57PM Checked: Jul 22 at 3:57PM
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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.
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
Location Intelligence
Current Use by Public Records
Starbucks
Cafe & Coffee Shop
Similar For Sale Nearby
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
FAQs
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
