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8457-8459 Fort Smallwood Rd 2,422 SF Retail Building Pasadena, MD 21122 $4,314,779 CAD ($1,781.49 CAD/SF) 5.50% Cap Rate
Investment Highlights
- New 10-year lease with four (4) 5-year options
- 2,422 SF ± freestanding restaurant with drive-thru
- Attractive location in Pasadena, MD
- Starbucks Corporation guaranty
- NNN Lease structure
Executive Summary
Property Facts
Amenities
- Signage
- Drive Thru
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- Accommodation and Food Services
-
99,999 SF
- -
-
Jan 0000
Starbucks began in 1971 in Seattle's Pike Place Market as a seller of fresh-roasted whole bean coffee, and the business became a coffeehouse in 1987. The company now serves a global footprint of coffeehouses and roastery reserves, with a business built around specialty coffee, coffee drinks, food, cups, and merchandise. Starbucks also has a growing presence in consumer-packaged goods and foodservice, extending the brand beyond cafés while keeping coffee sourcing and roasting at the center of the model. Community support, sustainability, and responsible sourcing remain part of the company's broader operating approach.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
|
Accommodation and Food Services | 99,999 SF | - | Jan 0000 |
Property Taxes
| Parcel Numbers | Improvements Assessment | $223,006 CAD | |
| Land Assessment | $515,577 CAD | Total Assessment | $738,583 CAD |
Property Taxes
Presented by
8457-8459 Fort Smallwood Rd
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