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Starbucks & Wingstop 2411 Broadway 3,160 SF 100% Leased 4-Star Retail Building Eureka, CA 95501 $6,323,430 CAD ($2,001.09 CAD/SF) 5.25% Cap Rate
INVESTMENT HIGHLIGHTS
- 100% Leased to Starbucks & Wingstop on Long-Term Leases with Scheduled Rent Increases
- Prominent, Convenient Location along US-101, Eureka's Primary Thoroughfare (40,400 ADT)
- 1.5 Miles from Eureka High School (1,226 Students) & 5 Miles from Cal Poly Humboldt (6,000+ Students)
- New 2024 Construction Featuring a Drive-Thru Component for Starbucks
- Active Retail Corridor Across from Brand New In-N-Out, Chipotle & MOD Pizza and Half a Mile from Bayshore Mall (4M+ Annual Visits, per Placer.ai)
- Strong Local Demographics with Broad Consumer Base in Tourism & Cultural Hub with Significant Year-Round Tourism Draw
EXECUTIVE SUMMARY
The property benefits from strong local demographics and a broad consumer base, supported by its central location in a tourism-driven market and more than 47,000 residents within a five-mile radius, with an average household income exceeding $96,000. The site is also located near multiple elementary and middle schools, 1.5 miles from Eureka High School (1,226 students), and five miles from Cal Poly Humboldt, which enrolls more than 6,000 students.
PROPERTY FACTS
AMENITIES
- Drive Thru
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
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- Accommodation and Food Services
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Lorem Ipsum
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Starbucks is a multinational coffeehouse chain founded in 1971 in Seattle, Washington. Initially a retailer of coffee beans and equipment, the company expanded under Howard Schultz’s leadership in the late 1980s to become a global coffeehouse brand. Starbucks operates thousands of stores worldwide, offering coffee, tea, and food products alongside branded merchandise. The company emphasizes ethical sourcing and sustainability in its operations. Its growth strategy includes licensed stores, digital ordering platforms, and specialty formats such as Starbucks Reserve® Roasteries.
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- Accommodation and Food Services
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Lorem Ipsum
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Wingstop is a publicly traded restaurant franchisor and operator known for its cooked-to-order chicken wings and hand-cut fries. Founded in 1994 in Garland, Texas, the company developed a menu centered on chicken wings prepared in a variety of sauces and seasonings. Wingstop’s business model is based on a mix of franchised and company-owned restaurants across domestic and international markets. The organization relocated its corporate headquarters to 2801 North Central Expressway in Dallas, where its administrative, leadership, and investor-relations functions are based. Wingstop began trading publicly in 2015 and continues to expand its geographic footprint through franchise development. The company remains incorporated in Delaware and operates as a NASDAQ-listed restaurant brand. Its corporate activities include brand management, operational support for franchise partners, and oversight of systemwide performance.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
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Accommodation and Food Services | - | - | Lorem Ipsum | Jan 0000 | |
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Accommodation and Food Services | - | - | Lorem Ipsum | Jan 0000 |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 008-021-004-000 | Improvements Assessment | $2,801,621 CAD |
| Land Assessment | $1,379,825 CAD | Total Assessment | $4,181,446 CAD |
PROPERTY TAXES
Presented by
Starbucks & Wingstop | 2411 Broadway
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