We are pleased to announce the acquisition of the Starbucks located at 287 Route 22 in Green Brook, NJ.
The asset is located 20 miles from Newark International Airport and 35 miles from our HQ in Midtown Manhattan. Additionally, the subject site sits on an oversized 1.42 acre parcel and is equipped with a drive-thru. Drive-thrus have become an especially valuable attribute, specifically in New Jersey, as many municipalities in the Tri-State region have discouraged new drive-thru projects as a means to curb emissions, improve pedestrian safety, and enhance walkability.
This acquisition illustrates our commitment to invest in assets with investment grade credit tenants that have strong intrinsic real estate fundamentals in the Northeastern region of the United States.
If you’re interested in selling your Starbucks property or other retail asset, please submit your property on our website or reach out directly to Quinn Morris at (646) 876-5657.