STARBUCKS

346 Blowing Rock Blvd, Lenoir, NC 28645
$1,875,000

Cap Rate
5.20%
Price Per SF
$758
Year Built
2019
Leasable Area
2,507 SF
Term Remaining
10 YRS
NOI
$97,500

Broker of Record

  • Kyle Matthews
  • License No. C27092 (NC)
  • 866-889-0550
  • Matthews Real Estate Investment Services
  • 841 Apollo Street,
    Suite 150, El Segundo, CA

INVESTMENT HIGHLIGHTS

  • Brand new 10-year lease term with one of the most iconic retail brands in the world
  • High-quality 2019 build-to-suit construction and Starbucks’ new, free-standing prototype building with drive-thru lane and outdoor patio seating
  • Outparcel of the Eastwood Village Shopping Center, anchored by Tractor Supply and Belk
  • About 1/2 mile from the Walmart Supercenter serving the city
  • Full 10-year initial lease term, with no early termination options like you see in many of the Starbucks leases