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Capital Markets Group $2.6MM Sale of Freestanding Starbucks in Ruckersville

RUCKERSVILLE, VIRGINIA: Cushman & Wakefield | Thalhimer’s Capital Markets Group has represented Riverbend Development, Inc. in the sale of a brand-new Starbucks located at 244 Stoneridge Drive N in Ruckersville, VA.  The property is comprised of a 2,500 square foot freestanding retail location along Route 29 just Northeast of Charlottesville and is shadow anchored by Lowe’s and Walmart Supercenter.

StarRuck, LLC acquired the asset on March 11, 2022, for $2,600,000 ($1,040/SF).  The transaction was completed by Catharine Spangler of Cushman & Wakefield | Thalhimer’s Capital Markets Group along with Johnny Pritzlaff and Jenny Stoner in Thalhimer’s Charlottesville office.  #CM

Written on March 16, 2022