Starbucks

19 Year Operating History | Drive-Thru Signalized Intersection

National Credit Tenant (NASDAQ: SBUX)

Overview

Offering Specifications

  • Price $2,208,000
  • CAP Rate 5.00%
  • Price /SF $1,294.26
  • Net Operating Income $110,400
  • Square Footage 1,706
  • Year Built 2006
  • Lot Size .62
  • Lease Term Remaining 2.5 Years
  • Ownership Typle Fee Simple
  • Lease Type NNN

Essential CRE is pleased to present the opportunity to acquire the fee simple interest in the Starbucks located at 5149 Manzanita Avenue in Sacramento (Carmichael), CA. The subject property is 1,706 square feet, resides on .62 acres of land, was built in 2006 and is an outparcel to a very busy daily needs strip center. Starbucks benefits from excellent exposure and access off of Manzanita and Madison Avenues (signalized intersection) and features drive-thru access. Starbucks benefits from its immediate proximity to The Home Depot, Walmart Neighborhood Market, Ross, PetSmart, Carl's Jr, Arby's, KFC, Sizzler, ARCO ampm, Sinclair and DaVita Dialysis.

Team

Michael Cisternino

Michael Cisternino

Founder & Managing Principal
Essential CRE
925.88.0888
Nick Cole

Nick Cole

Senior Investment Advisor
Essential CRE
925.482.7044

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