STARBUCKS w/ DR-THRU | 15 YEAR LEASE

2,330 SF | Retail Building | Sacramento, CA 95825 | $4,222,222 ($1,812/SF) | 4.50% Cap Rate

Date Added:
May 17, 2024
Days on Market:
28 days

Asking Price $4,222,222

Property Type
Retail, Restaurant
Square Feet
2,330 SF
Price / Square Foot
$1,812

Listing Contacts

Alvin Mansour
Alvin Mansour
Verified Profile
David Kern
David Kern
Verified Profile
  • Property Info

Property Overview

2024 Complete Renovation | Extremely Dense & Affluent Area: 401k+ People w/in 5-Mile Radius | Directly Across from Luxury Shopping Center | High Traffic Counts | Strong Daytime Employment Area | Minutes from California State University Sacramento, UC Davis Medical Center and Cal Expo State Fair

Property Details

Class
B
Year Built
2024
Stories
1
Property Subtype
Freestanding, Storefront
Lot Size (sq. ft)
33,106 SF

Highlights

  • Rare 15 Year Starbucks Featuring 10% Rental Increases Every 5 Years throughout the Initial Term and Options. Site Features a Drive-Thru.
  • Positioned Along Area’s Traffic, Retail and Office Corridor: Features Easy Access & Excellent Visibility Along Fair Oaks.
  • Starbucks has a S&P Investment Grade Credit Rating of “BBB+” and is Ranked #125 on the Fortune 500 List with an Annual Revenue of more than $35.97B.
  • The Site Benefits from its Close Proximity to Downtown Sacramento - Home to a Variety of Museums, Theaters, Music Venues, and Restaurants.
  • Directly Across from Pavilions Shopping Center - a Premier Luxury Shopping, Home to the Area’s most trusted Merchants, Exclusive Brands, and more.
  • Extremely Dense and Affluent Area w/ 401k+ People Residing in a 5-Mile Radius and an Average Household Income of more than $97k w/in a 3-Mile Radius.

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