Starbucks
19 Year Operating History | Drive-Thru Signalized Intersection
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.
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