CLOSED DEAL! – Starbucks – South Hill, VA

Tyler Bennett and Nick Binder of Bennett Realty & Development just closed on a Starbucks located in South Hill, VA. The buyer, a family office based out of New York City, has been a long-term client of the firm. They are in the process of restructuring their holdings and sought BR&D to help with the transition. We were able to assist in their 1031 and place them into this strongly located, long term, new construction Starbucks. Below are some quick facts on the deal..

FACTS:
-New Construction
-13.5 Years Remaining on Lease
-Investment Grade Credit Tenant
-Adjacent to a Walmart Supercenter
-Corner Lot Location

Please reach out to Nick or Tyler for more details.
Nick Binder: 609-458-3741 | nick@bennettrealtyllc.com
Tyler Bennett: 732-837-4153 | tyler@bennettrealtyllc.com

About BR&D

Bennett Realty & Development is a vertically integrated commercial real estate Advisory and Development Firm. With over 100+ years of combined experience and in excess of $2 billion in valued transactions the firm’s Advisory Services include; Investment Sales, Retail Landlord Leasing, Tenant Representation, Commercial Sales, and Multifamily sales. Its Development platform focuses on Commercial/Hospitality and Multifamily projects with a focus in New Jersey.