STARBUCKS | SALE PENDING
Address: 7620 Hampton Blvd, Norfolk, VA
Price: $2,760,136
NOI: $142,147
Building Size: +/- 1,913 SF
Lot Size: +/- 0.58 AC
Type: Single-Tenant / Retail
Randy bell
214.559.7116
Investment Overview
New 10 Year Corporate Net Lease with 9.5 Years Remaining
Stable Cash Flow Asset – Minimal Landlord Responsibilities
Four (5-Year) Options to Renew – No Early Termination Clause
10% Rent Increases Every 5 Years
Corporately Guaranteed Lease by Starbucks Corporation
Situated at the Entrance of Naval Station Norfolk
Positioned on the “AM” Side of the Street
High Traffic Location at a Hard Corner
Dense, Infill Location with Excellent Demographics
Best in Class Tenant – Starbucks is the Premier Retailer of Specialty Coffee in the World
