1742 Fremont Blvd | Seaside, CA 93955
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- LoopNet Team
1742 Fremont Blvd
Seaside, CA 93955
Starbucks Leased Property · Retail Property For Sale
Investment Highlights
- Single tenant Starbucks located in Monterey County (City of Seaside), California.
- Strategically located along Fremont Avenue, a major corridor running parallel to Hwy 1. Adjacent to University Plaza shopping center
- Current 3.91% Cap Rate will be growing to 4.3% cap rate within the next 16 months.
- Corporately Guaranteed Starbucks lease with 6.5 years on Initial Term. Tenant has Four 5-Year Options, with rent increases.
- Presigious Tesla and Lexus car dealerships located 2 blocks to the West.
- Ideal location with a thriving business, which optimally works to insure Starbucks’ continual lease renewal. A true Win/Win.
Property Facts
Property Type
Retail
Property Subtype
Freestanding
Building Size
900 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2017
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
0.22 AC
Frontage
116’ on Fremont Blvd.
Property Taxes
| Parcel Number | 012-072-001-000 | Improvements Assessment | $1,246,919 |
| Land Assessment | $1,061,208 | Total Assessment | $2,308,127 |
Property Taxes
Parcel Number
012-072-001-000
Land Assessment
$1,061,208
Improvements Assessment
$1,246,919
Total Assessment
$2,308,127
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