871 Washington St - Fast Food FOR SALE


Middletown, CT 06457- Downtown Middletown
$2,762,000 USD
415-602-6339
871 Washington St, Middletown, CT for Sale
$2,762,000 USD
Fast Food - FOR SALE
1/5
null | 5.25% Cap Rate

871 Washington St
Middletown, CT 06457
Downtown Middletown


HIGHLIGHTS

  • Recent 10-Year Extension | Top 11% of Starbucks Nationwide (Placer.ai)
  • NN Lease | Fee Simple Ownership
  • Frontage to 28,700 VPD | Outparcel to Home Depot & Market 32
  • Established Middletown Trade Area

OVERVIEW

• Starbucks Corporation recently extended its lease for an additional 10 years through February 2037, demonstrating long-term commitment to the site • Per Placer.ai, the subject property ranks in the top 11% of all Starbucks locations nationwide • Starbucks is the world’s largest coffee chain with 40,000+ locations worldwide, generating $37.18 billion in revenue in fiscal 2025 — a 2.8% increase over 2024 —and carries an S&P BBB+ investment-grade rating

FOR SALE DETAILS

PRICE

$2,762,000 USD

PRICE/SF

$1,381 USD /SF

CAP RATE

5.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Starbucks | Recent 10yr Extension

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2017

SPRINKLERS

-

PARKING SPACES

40

LAND DETAILS

LAND ACRES

0.54 AC

LAND SF

23,522 SF

ZONING

B-2

APN/PARCEL ID

MTWN-000013-000000-000137

ASK ABOUT THIS PROPERTY

Jeff GatesSRS Real Estate PartnersMore Info
415-602-6339

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Jeff GatesSRS Real Estate PartnersMore Info
415-602-6339

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.