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W Ridge Rd
Erie, PA 16506

$2,400,000 USD

Fast Food For Sale  •  2,400 SF

Property Details

  • Property Type Fast Food
  • Total Building Size 2,400 SF
  • Lot Size 1.79 AC
  • Building Class B
  • Year Built 2024
  • Tenancy Single
0 Transit Score
35 Walk Score

Highlights

10-year corporate net lease to Starbucks Corporation (NASDAQ: “SBUX”)
Rare “Tenant-Maintain” lease structure
10% rental increases every five years in initial term and option periods
Investment-grade tenant, rated “BBB+” by Standard & Poor’s
Starbucks Corporation is the world’s premier coffee company, with over 38,000 locations worldwide and $36B in annual revenue
Per Statista, customers go to Starbucks six times per week on average

Amenities

  • Drive Thru

Public Transportation

Commuter RailDriveWalkDistance
Erie Amtrak Station (Lake Shore Limited - Amtrak) 14 min - 7.3 mi
AirportDriveWalkDistance
Erie International/Tom Ridge Field 4 min - 2.0 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 26
Type: Surface
Included in Rent: Yes
Vincent Aicale 415-690-5522 Cushman & Wakefield
Vincent Aicale 415-690-5522 Cushman & Wakefield