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Starbucks 788 S Main St 2,773 SF Retail Building Willits, CA 95490 $4,127,072 CAD ($1,488.31 CAD/SF)
INVESTMENT HIGHLIGHTS
- PREMIER FRONTAGE ON SOUTH MAIN STREET — WILLITS’ PRIMARY RETAIL & TRAFFIC CORRIDOR
- STRATEGIC POSITION IN WILLITS’ PRIMARY GROWTH AREA
- GATEWAY TO THE REDWOODS — STRONG LOCAL & TOURISM DEMAND
- PRIME LOCATION ADJACENT TO HIGH-PERFORMING SAFEWAY
- DIRECT ACCESS TO U.S. ROUTE 101 — A KEY NORTH-SOUTH CONNECTOR
- ESTABLISHED RETAIL HUB WITH COMPLEMENTARY NATIONAL TENANTS
EXECUTIVE SUMMARY
LEASE/TENANT
Corporate-Backed Long-Term Lease – Starbucks Corporation signed a new 10-year lease with no early termination clause, commencing January 29, 2025.
Rare Fee-Simple QSR – Offered as fee-simple ownership, the property allows depreciation of improvements—an advantage over ground lease assets—making it both highly attractive and tax-efficient.
Attractive Rent Increases – The lease features 10% rent increases every five years during the primary term and each option period, providing a built-in hedge against inflation.
Starbucks Corporation (NASDAQ: SBUX) – The global leader in specialty coffee reported $36.18 billion in revenue for FY 2024, reflecting steady performance and strong brand resilience. With continued investment in digital platforms, store innovation, and international expansion, Starbucks remains a blue-chip tenant with exceptional credit quality. Forbes ranks Starbucks as the world’s second-largest restaurant company, with over 38,000 locations in more than 80 countries—and growing.
PROPERTY FACTS
AMENITIES
- Signage
- Signalized Intersection
- Drive Thru
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
-
- Accommodation and Food Services
- -
-
$9.99
-
Jan 0000
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, including over 3,000 in California, offering coffee, tea, and food products alongside branded merchandise. The company emphasizes ethical sourcing and sustainability in its operations. Starbucks is publicly traded on NASDAQ under the ticker symbol SBUX and reported employing approximately 381,000 people globally in 2025. Its growth strategy includes licensed stores, digital ordering platforms, and specialty formats such as Starbucks Reserve® Roasteries.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
|
|
Accommodation and Food Services | - | $9.99 | Jan 0000 |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 006-131-37-00 | Improvements Assessment | $1,587,210 CAD |
| Land Assessment | $927,263 CAD | Total Assessment | $2,514,472 CAD |
PROPERTY TAXES
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Starbucks | 788 S Main St
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