785 Kidder StWilkes-Barre, PA 18702
For Sale
$2,716,000
High-performing Starbucks, Wilkes-Barre, PA
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 93
Highlights
- $2,716,000 asking price for this fee-simple, net-leased Starbucks property.
- The property features a 9.6-year remaining lease term expiring June 30, 2034, with a credit-rated, corporate guarantee from Starbucks.
- The 2,100 square foot building sits on a 0.89-acre lot and boasts a 6.00% cap rate and $163,000 NOI.
- Rent increases 10% every five years, with lease options available.
- Located in Wilkes-Barre, PA, this Starbucks is in a high-performing retail corridor near major national retailers and Interstate 81.
Property Details for 785 Kidder St
- Property type
- Other retail properties, Restaurants
- Square Feet
- 2,100 SF
- Year Built
- 2024
- Buildings
- 1
- Lot Size (sq. ft)
- 38,768 SF
Location Insight
- City
- Wilkes-Barre
- County
- Luzerne
- State
- Pennsylvania
- Latitude
- 41.250174444627
- Longitude
- -75.84281842592
785 Kidder St, Wilkes-Barre, Pennsylvania
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