7201-7203 Little River Tpke, Annandale, VA 22003
50% OCCUPIED by the restaurant tenant the other 50% /…
For Sale
$8,500,000.00
The Schneider Team
The Schneider Team
Starbucks Building
4433 George Washington Memorial Hwy, Yorktown, VA 23692, USA
For Sale
$2,100,000.00
Description
| Price | $2,100,000 | Cap Rate | 6.18% |
| Gross Leasable Area | 4,000 SF | Occupancy | 100% |
| Property Type | Retail | Tenancy | Multiple |
| Property Sub-type | Strip Center | Year Built | 2006 |
| Property Use Type | Investment | Lot Size | 0.67 AC |
Investment Highlights
- 4433 George Washington Memorial Highway, Yorktown, VA 23692
- Great Opportunity to own Starbucks building
- Starbucks has Drive-Through
- Long-Term Leased Tenants
- Built on 2006
- Direct access from George Washington Memorial Pkwy
- Near Jamestown and Williamsburg
- 2 hours 30 mins from Washington Metro area
- Professional management team is ready for new purchaser
VIDEO TOUR LINK in YouTube
This Starbucks and SuperCuts (parent Company Regis) anchored center offers investors the stability of leases with the worlds largest Coffee Store and Hair Company with both having over 7,000 locations worldwide andfinal tenant space is leased to a regional dry cleaner (drop off/pick-up only)
The subject property is located in York County, Virginia at the signalized intersection of George Washington Memorial Highway ( RT 17) and Oriana Road. Known as the Grafton area, this site is surrounded by densely populated, high end residential with a median income in excess of $68,000. Additionally, according to the 2004 VDOT traffic study, 53,000 vehicles pass this site daily. Due to the quality of the schools in the County, there is a demand for higher end residential which caused a 32% growth in residential between the 1990 and 2000 census.
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