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Starbucks | Atwater, CA 1813 Bellevue Rd 2,082 SF Retail Building Atwater, CA 95301 $2,630,000 ($1,263.21/SF) 5.25% Cap Rate
Investment Highlights
- Single-Tenant Corporate (NASDAQ: SBUX; S&P: BBB+) Starbucks Café and Drive-Thru
- 8 Years Remaining on Initial 10-Year Term
- 2,082 SF Including a Café and Drive-Thru
- Largest Coffeehouse Chain Globally With Approximately 40,000 Stores in 84 Countries
- 10% Increases Every 5 Years; Next Increase Is July 2028
- One of the “World’s Most Admired Companies” ? Fortune (2009–2024)
Executive Summary
8 Years Remaining | Pad to Save Mart and CVS | $90,000 AHHI
Property Facts
Sale Type
Investment
Property Type
Retail
Building Size
2,082 SF
Year Built
2023
Price
$2,630,000
Price Per SF
$1,263.21
Cap Rate
5.25%
NOI
$138,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.02
Lot Size
1.92 AC
Opportunity Zone
Yes
Nearby Major Retailers
Property Taxes
| Parcel Number | 150-160-024 | Improvements Assessment | $1,911,741 |
| Land Assessment | $1,239,590 | Total Assessment | $3,151,331 |
Property Taxes
Parcel Number
150-160-024
Land Assessment
$1,239,590
Improvements Assessment
$1,911,741
Total Assessment
$3,151,331
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Starbucks | Atwater, CA | 1813 Bellevue Rd
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