Atlantic Capital Partners is pleased to present for sale the newly constructed Starbucks located at 108 Northside Drive in Bennington, Vermont. This 2,400 SF build-to-suit prototype is scheduled to open for business in Q4 ’24. The property is strategically situated at the intersection of Northside Drive and U.S 7 and sits within a dense retail node that features national retailers such as Walmart, Ocean State Job Lot, Hannaford, and Home Depot. The site benefits from excellent visibility and strong local demographics.
Starbucks committed to a newly casted 10-Year Lease, with four five-year renewal options. The lease includes 10% rent escalations through the initial term, and at the start of each option period, with a current annual rent of $176,000. This investment combines the advantages of new construction, limited landlord responsibilities, and a stable, long-term passive income stream.