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Starbucks | Walmart Outlot 300 Resort Plaza Dr 2,400 SF 4-Star Retail Building Blairsville, PA 15717 $3,409,009 CAD ($1,420.42 CAD/SF) 6.50% Cap Rate
INVESTMENT HIGHLIGHTS
- 2025 Built-to-Suite corporately guaranteed Starbucks with a 10-year lease
- Strategic Location on hard-corner, positioned on heavily traveled Route 119
- ~1,000 feet from the Route 22 / Route 119 interchange | 40,000 Combined VPD
- Outlot to a Walmart | limited competition
- This location strategically fills a 10+ mile radius void for Starbucks (Placer.ai)
- Other surrounding outlots include Goodwill, Advanced Auto Parts, S&T Bank, McDonald’s and a center with Rite Aid, Verizon, Dollar Tree, and more
EXECUTIVE SUMMARY
This corporately guaranteed Starbucks is a 2025 built-to-suit project backed by a 10-year lease. The lease includes 10% rental increases every five years and four additional five-year renewal options. Rent commenced in November 2025. The property is strategically positioned as an outlot to a Walmart—which sees approximately 1.5 million annual visits—and is surrounded by national tenants such as Goodwill, McDonald’s, Advance Auto Parts, Rite Aid, Verizon, and Dollar Tree. The property is positioned on a hard corner along heavily traveled Route 119, which sees approximately 26,000 vehicles per day, and is just 1,000 feet from the Route 22 interchange with an additional 14,000 vehicles per day. Nearby demand drivers include three Tri-Star auto dealerships, the Chestnut Ridge Golf Resort & Conference Center, and two major hotels—Hampton Inn and Days Inn—all within a mile. Nestled at the foothills of the Allegheny Mountains, the location blends visibility, traffic, and steady consumer demand.
DATA ROOM Click Here to Access
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
2,400 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2025
Price
$3,409,009 CAD
Price Per SF
$1,420.42 CAD
Cap Rate
6.50%
NOI
$221,586 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.01
Lot Size
8.72 AC
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 10-041-104.04 | Improvements Assessment | $4,991,770 CAD |
| Land Assessment | $2,226,935 CAD | Total Assessment | $7,218,705 CAD |
PROPERTY TAXES
Parcel Number
10-041-104.04
Land Assessment
$2,226,935 CAD
Improvements Assessment
$4,991,770 CAD
Total Assessment
$7,218,705 CAD
CONTACTS
-
Sean Sharko -
Austin Weisenbeck -
Benjamin Shapiro -
Sharko | Weisenbeck | Mendoza Group
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Starbucks | Walmart Outlot | 300 Resort Plaza Dr
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