Atlantic Capital Partners has been exclusively engaged to solicit offers for the sale of Starbucks in Wilmington, MA. The 2,448 SF single-tenant building is newly constructed and leased to Starbucks on a firm 10-year lease that runs through 2035. The property features a modern prototype with a drive-thru and the lease features 10% rental increases every 5 years, including its four (4) five (5) year options.

Situated at 203 Lowell Street, the property benefits from its positioning at the signalized intersection of Lowell Street & Woburn Street which sees over 30,000 VPD and captures commuter traffic to I-93 from the trade area. The asset draws from a strong, affluent consumer base, with roughly 60,000 people in the 3-mile trade area and an average household income of over $180,000. The property is also surrounded by a variety of new construction, Class A buildings that include: The Alice, a 90,000 SF (50-unit) multi-family property, a new BTS 300,000 SF Class A Warehouse/Distribution/Robotics facility bringing a large employment base to the trade area, and a new medical outpatient facility leased to one of the leading hospital systems in Greater Boston.