Log In/Sign Up
Your email has been sent.
Starbucks Shops | DriveThru | $1.2M Remodel 4332 Watt Ave 4,500 SF 100% Leased Retail Building North Highlands, CA 95660 $4,248,271 CAD ($944.06 CAD/SF) 5.58% Cap Rate
Investment Highlights
- 100% Occpuied | 3-Tenant Offering | Drive-Thru Equipped | Starbucks Early Renewal & Remodel, 10 Years Remaining
- Nearby Walmart Supercenter | National/Credit Tenants |Adjacent to IRS & DEA Office Buildings
- Signalized, Hard Corner Intersection | Excellent Visibility |Direct Access to Interstate 80 (220,500 VPD)
Executive Summary
SRS National Net Lease Group is pleased to offer the opportunity to acquire the fee simple interest (land and building ownership) in a 100% occupied Starbucks anchored three-tenant, e-commerce resistant, retail strip investment property located in Sacramento, California. Starbucks is equipped with an end-cap drive-thru lane, which provides ease and convenience for customers. Furthermore, Starbucks recently completed remodeling its interior with over $1.2 million improvement at its own expense, demonstrating a strong commitment to the subject site. XX Tacos and MF Gyros & Burgers both recently signed brand new leases with options to extend.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
4,500 SF
Building Class
C
Year Built
2006
Price
$4,248,271 CAD
Price Per SF
$944.06 CAD
Cap Rate
5.58%
NOI
$236,927 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.22
Lot Size
0.46 AC
Zoning
TC - Highway Travel Commercial
Parking
38 Spaces (8.44 Spaces per 1,000 SF Leased)
Frontage
236’ on Watt Ave
Amenities
- Corner Lot
- Dedicated Turn Lane
- Freeway Visibility
- Restaurant
- Signage
- Signalized Intersection
- Drive Thru
- Monument Signage
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- MF Gyros & Burgers
- Accommodation and Food Services
-
99,999 SF
- -
-
Jan 0000
-
- Accommodation and Food Services
-
99,999 SF
- -
-
Jan 0000
Starbucks began in 1971 as a coffee business in Seattle, where the company first sold coffee beans and related equipment before evolving into a broader coffeehouse brand. The business now focuses on responsibly sourced arabica coffee, company-operated and licensed coffeehouses, and a growing consumer-packaged goods presence. Starbucks has built a wide market presence around specialty coffee, with offerings that span brewed drinks, espresso-based beverages, food, and retail products distributed through its store network and packaged-goods channels.
- XX Tacos
- Accommodation and Food Services
-
99,999 SF
- -
-
Jan 0000
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| MF Gyros & Burgers | Accommodation and Food Services | 99,999 SF | - | Jan 0000 | ||
|
|
Accommodation and Food Services | 99,999 SF | - | Jan 0000 | ||
| XX Tacos | Accommodation and Food Services | 99,999 SF | - | Jan 0000 |
Fairly walkable
40/100
Exceptionally drivable
100/100
Good public transit
70/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 240-0232-063 | Improvements Assessment | $1,851,454 CAD |
| Land Assessment | $688,147 CAD | Total Assessment | $2,539,601 CAD |
Property Taxes
Parcel Number
240-0232-063
Land Assessment
$688,147 CAD
Improvements Assessment
$1,851,454 CAD
Total Assessment
$2,539,601 CAD
1 of 16
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
Starbucks Shops | DriveThru | $1.2M Remodel | 4332 Watt Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.