Starbucks | Ephrata, WA
THE VARA GROUP is pleased to announce the successful sale of a single-tenant Starbucks in Ephrata, WA. The asset was acquired by a local 1031 Exchange Buyer seeking to transition out of a management-intensive property into a passive, income-generating investment. Our team successfully minimized the time between downleg and upleg closings to just three weeks—ensuring a seamless exchange. The Buyer will benefit from a 30%+ increase in cash flow and the long-term stability of a nationally recognized tenant. This closing highlights our expertise in retail net-leased assets and time-sensitive 1031 transactions.
Address: 1250 SW Basin Street, Ephrata, WA 98823
$2,015,000.00Price