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| Price $4,266,000 | Built/Renov 2025 | Tenant Starbucks |
| Cap Rate 4.60% | Lease Type
NN+ | Guarantor Corp T and Rated |
| Size/SF
2,279
| Lease Start | #Units
38,038
|
| Price/SF $1,871.87 | Expiration | Tenant Type Fast Food/QSR |
| NOI $196,250 | R. Term 0.00 | Ownership Fee Simple |
| Rent/SF
$86.11
| Increases 10.0%/6/yrs | Pop 5Mi 304,906 |
| Lot/AC 0.58 | Options 3/5yrs/10% | AHHI 5Mi $119,812 |
| | |
Brand new 2025 construction Starbucks with drive-thru design
Corporate guaranteed lease directly with Starbucks Corporation NASDAQ SBUX
15 year primary lease term commencing in 2025
Initial annual rent $196,250 with 4.60 percent cap rate
Ten percent rent increases in year 6 and each option period
2,279 SF building on 0.58 acre parcel within Promenade at Arbor Creek
Located on Elk Grove Florin Road with 35,076 vehicles per day and near CA 99 with 176,000 vehicles
Five mile trade area population 304,906 with average household income $119,812
Starbucks – Sacramento is strategically located along Elk Grove Florin Road in Sacramento, California, with access to a daily traffic count of approximately 35,076 vehicles. The site is surrounded by major national retailers including Target, Walmart, Costco,etc., driving consistent consumer traffic to the area. The property is located near several schools, residential communities, and new...
...New construction
Build to suit
Major thoroughfare
Near major nationals
Top 100 MSA
Strong demographics
Brand new lease
Favorable NN+ lease
Traded and rated company
Corporate Guarantee
Starbucks Corporation (NASDAQ: SBUX) is the leading roaster, retailer, and marketer of specialty coffee in the world. In addition to drinks and food, many stores carry Starbucks' official...
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Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
