SLN Capital Markets Brokers Sale of New Starbucks

Norfolk, VA (January 2024) – SLN Capital Markets, a division of S.L. Nusbaum Realty Co., announces the sale of a new Starbucks located at 10821 Tidewater Trail in Fredericksburg, VA for $2,812,500.

“This was a brand new build for Starbucks”, said Senior Managing Director, Doug Aronson, who along with Associate, Carter Wells, represented the seller, Ttrail Investment, LLC, a Fredericksburg-based real estate developer. “Starbucks secured a new 10-year lease for a grocery store outparcel in a burgeoning area, which greatly appealed to the buyer.”

Situated within the Shops at River Club, the property is positioned in a thriving corridor of both residential and commercial expansion, approximately 5 miles away from I-95.

For additional information, contact: Doug Aronson, daronson@slnusbaum.com, 757.292.6510, or Carter Wells, cwells@slnusbaum.com, 804.944.9258, or visit: www.slncapitalmarkets.com.