Property details

Starbucks Center, Pacific West Region

Property Description

This Starbucks and Subway Center is a brand new, three-tenant retail center in a growing area. Anchored by solid corporate tenants, Starbucks and Subway, its third 720 sq. ft. space is in the process of being leased. The property boasts fabulous access, excellent frontage, corporate guaranteed leases, great rental increases and a drive-thru window for Starbucks. The immediate area is comprised of residential, commercial, and farming with numerous retail locations along a bustling Avenue.

The center is a destination location thanks to its large corporate tenants, Starbucks and Subway.

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Highlights

Status:
Available
Price:
$2,500,000
PSF:
$691
Cap Rate:
5.20%
Annual Rent:
$128,622
 

Property Information

Building Size:
3,620 sq.ft.
Property Type:
Shopping Center
Industry Type:
Retail
Units/Spaces:
3
Year Built:
2007
Land Area:
16,692 sq.ft.
Purchase Tenure:
Fee Simple
 

Existing financing information

N/A

The information contained herein contains confidential and/or privileged material. Any review, retransmission, dissemination or other use of, or taking of any action in reliance upon, this information by persons or entities other than the intended recipient will be prohibited. The information contained herein has been obtained from sources believed to be reliable. While we do not doubt its accuracy, we have not verified it and make no guarantee, warranty or representation about the accuracy or completeness of the information. As a buyer, it is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. The value of this property to you depends on factors which should be evaluated by your tax, financial and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. We have no knowledge of this offering other than the information received from Seller or their representatives. We are neither your agent or an agent for the seller. We will not participate in the negotiation of the purchase price or attend the showing of this property. As a buyer, you will be required to indemnify us and hold us harmless from any kind of claim, cost, expense, or liability arising out of your investigation and/or purchase of this property.