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Starbucks 2016 S Hastings Way 1,820 SF 4-Star Retail Building Eau Claire, WI 54701 $1,504,600 ($826.70/SF) 6% Cap Rate

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Investment Highlights

  • Freestanding Café with Drive-Thru: Single-tenant, sit-down café structure featuring integrated drive-thru infrastructure
  • Outdoor Patio Seating: Provides supplemental dining capacity and enhances seasonal customer experience, contributing to extended dwell time
  • Dominant Retail Trade Area: Positioned within Eau Claire’s primary retail corridor, surrounded by a strong mix of national and regional retailers
  • Ample On-Site Parking: Sufficient parking capacity designed to support high customer volumes and maintain optimal drive-thru throughput.
  • Prime Hard Corner Location: Situated at the signalized intersection of Hastings Way (US Highway 53) and Kirk Street
  • Strategic Freight Connectivity: Proximity to I-94, a critical Midwestern logistics artery, supports supply chain operations

Executive Summary

Broker of Record
Matt Fitzgerald
License # 938105-91 (WI)
Matthews Real Estate Investment Services, Inc
1600 West End Ave, Ste. 1500 Nashville, TN 37203
(866) 889-0550

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
1,820 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2005
Price
$1,504,600
Price Per SF
$826.70
Cap Rate
6%
NOI
$90,276
Tenancy
Single
Building Height
1 Story
Building FAR
0.13
Lot Size
0.33 AC
Zoning
C3 - Commercial
Parking
9 Spaces (4.95 Spaces per 1,000 SF Leased)
Frontage
143’ on South Hastings Way

Amenities

  • Drive Thru

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Accommodation and Food Services
  • -
  • -
  • Double Net
  • Feb 2026

Starbucks is a publicly traded coffeehouse and beverage company focused on the sourcing, roasting, and retailing of coffee and related products. Founded in 1971 in Seattle, Washington, the company began as a retailer of whole bean coffee and coffee equipment before evolving into a café-based model in the late 1980s. Starbucks operates company-owned and licensed locations across the Americas, Europe, the Middle East, Africa, and the Asia-Pacific region, supported by regional offices and corporate functions. The company’s operations include retail stores, roasting facilities, and supply chain infrastructure that supports both in-store and packaged goods channels. Starbucks has expanded its portfolio over time to include tea-based beverages, food offerings, and ready-to-drink products distributed through grocery and foodservice partners. The company has also developed premium concepts, including Starbucks Reserve, which emphasizes small-batch coffee and experiential retail formats. Starbucks is listed on the Nasdaq under the ticker symbol SBUX. Its corporate headquarters, known as the Starbucks Center, is located in Seattle and houses executive leadership, global operations, and administrative functions.

Tenant Industry SF Occupied Rent/SF Lease Type Lease End
Accommodation and Food Services - - Double Net Feb 2026

Nearby Major Retailers

Caribou Coffee
Hy-Vee
Citizens Community Federal
Famous Dave's
Physicians Weight Loss Center
Wells Fargo Home Mortgage
Festival Foods
Planet Fitness

Property Taxes

Property Taxes

Parcel Number
15-1761
Land Assessment
$360,800
Improvements Assessment
$456,700
Total Assessment
$817,500
  • Listing ID: 39178556

  • Date on Market: 1/22/2026

  • Last Updated:

  • Address: 2016 S Hastings Way, Eau Claire, WI 54701

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