0.50 AC Lot
Breezewood, PA 15533
KOAM REALTY & INVESTMENT, on behalf of ownership, is pleased to exclusively offer the fee simple interest in this 3,200-square foot Starbucks and Subplicity two-tenant strip center in Breezewood, Pennsylvania (the “Offering”). This Offering presents an investor the opportunity to acquire a center anchored by well-performing and established Starbucks with structured rental increases. The Offering is situated along a heavily traveled retail corridor at the juncture of Interstate-70 and the Pennsylvania Turnpike. Starbucks has occupied the center since its inception in 2004. The Tenant executed a 10-year extension in 2014 when their original lease expired demonstrating their success and commitment to this location. Starbucks has over six years remaining on their current term with an eight percent rental increase in 2020 and 10 percent rental increases in the four option periods. The lease is corporately guaranteed by Starbucks Corp., the premier roaster and retailer of specialty coffee in the world, operating in 70 counties. Starbucks Corp. (NASDAQ: SBUX) is publicly traded with an investment grade credit rating of “BBB+” by Standard & Poor’s. Founded in 1985, Starbucks operates more than 28,000 locations and has a market cap of $87.52 billion and an annual revenue of $24.7 billion.