Atlantic Capital Partners is pleased to present for sale the newly constructed Starbucks located on Route 1 in Peabody, Massachusetts. The new 2,400 SF prototype was recently built, features a brand new 10-year lease to Starbucks, and the store has a projected opening date in Q4 2024. Starbucks year 1 NOI is $200,000 with 10% rent escalations every 5 years throughout the term and at each option. The offering also features 10 Tesla supercharger spaces, providing additional passive income on a new 10-year lease with 3% annual increases backed by a Tesla corporate guarantee. The property is strategically located at the crossroads of Route 1 (100,000 VPD) and I-95 (124,500 VPD), two of Metro Boston’s dominant thoroughfares. The current annual rent for the offering is $230,000 (inclusive of the $30K Tesla income) and this investment offers a unique combination of new construction, minimal landlord responsibilities, and stable, long-term passive income from top-tier corporate tenants