2567 Commerce Pkwy, Barstow, CA 92311
1,237 SF | Retail Building | Barstow, CA 92311 | $3,905,000 ($3,157/SF) | 5.25% Cap Rate
For Sale
Active
Asking Price $3,905,000
- Property Type
-
Retail
- Square Feet
- 1,237 SF
- Price / Square Foot
- $3,157
Listing Contacts
Sean Cox
Kevin Fryman
Property Overview
New 10-Year Lease | No Early Termination | 24-Car Drive-Thru Stack
Property Details
- Class
- B
- Year Built
- 2024
- Stories
- 1
- Lot Size (sq. ft)
- 27,007 SF
Highlights
- Single-Tenant Corporate (NASDAQ: SBUX; S&P: BBB+) Starbucks Drive-Thru: New 10-year lease; 10% increases every 5 years, including the option periods
- Rare 24-Car Drive-Thru Stacking Line: Features one of Starbucks longest drive-thru stacking lines due to expectations of high volume
- Top-Performing Market for Starbucks: Existing Starbucks Drive-Thru locations in Barstow rank in the 98th and 97th percentile in the chain nationwide
- High-Traffic Location; Easily Accessible to Interstate 15: 86,000 CPD pass the subject property
- High Barriers to Entry Market for QSRs: Freeway sites in Barstow are extremely rare to come by
- Over 60 Million Travelers Pass Thru Barstow Annually: Interstate 15 is the major north-south highway used by commuters to reach LA, Las Vegas, SD
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