Royal Properties, Inc. is pleased to announce they have been named the exclusive broker for the sale of a freestanding Starbucks located at 38 Danbury Road in New Milford, Connecticut.

This asset provides a rare opportunity to acquire a high-performing Starbucks situated on a 1-acre parcel along one of the areas primary retail corridors. The 2,332 SF building benefits from strong visibility, 42 on-site parking spaces, and traffic counts exceeding 27,000 vehicles per day. This location has had a very successful track record for nearly two decades and ranks among the top performing Starbucks locations in Connecticut.

“Jeff and I are excited to bring this NNN, free-standing Starbucks to market.  Starbucks has been at this location for 20 years and, as a testament to the store’s health, has recently renewed its lease through 2036.  This is the only Starbucks within 13 miles, and a buyer will enjoy long-term, stable income with an investment grade guaranty,” said James Aries, Managing Director of Royal Properties, who along with Jeff Kintzer, Principal of Royal Properties, will be representing the landlord.

For additional information on this opportunity, please contact Jeff Kintzer at 914-237-3400, Ext. 103 (Jeff@RoyalPropertiesInc.com) or Jim Aries at 914-237-3400, Ext. 114 (Jim@RoyalPropertiesInc.com).