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Starbucks | Atwater, CA 1813 Bellevue Rd 2,082 SF Retail Building Atwater, CA 95301 $3,406,070 CAD ($1,635.96 CAD/SF) 5.50% Cap Rate
Investment Highlights
- Single-Tenant Corporate (NASDAQ: SBUX; S&P: BBB+) Starbucks Café and Drive-Thru
- 8 Years Remaining on Initial 10-Year Term
- 2,082 SF Including a Café and Drive-Thru
- Largest Coffeehouse Chain Globally With Approximately 40,000 Stores in 84 Countries
- 10% Increases Every 5 Years; Next Increase Is July 2028
- One of the “World’s Most Admired Companies” ? Fortune (2009–2024)
Executive Summary
8 Years Remaining | Pad to Save Mart and CVS | $90,000 AHHI
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
2,082 SF
Building Class
B
Year Built
2023
Price
$3,406,070 CAD
Price Per SF
$1,635.96 CAD
Cap Rate
5.50%
NOI
$187,266 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.02
Lot Size
1.92 AC
Opportunity Zone
Yes
Zoning
PD19
Nearby Major Retailers
Property Taxes
| Parcel Number | 150-160-024 | Improvements Assessment | $2,612,968 CAD |
| Land Assessment | $1,694,272 CAD | Total Assessment | $4,307,239 CAD |
Property Taxes
Parcel Number
150-160-024
Land Assessment
$1,694,272 CAD
Improvements Assessment
$2,612,968 CAD
Total Assessment
$4,307,239 CAD
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Starbucks | Atwater, CA | 1813 Bellevue Rd
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