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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 Capability: 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
Parking
9 Spaces (4.95 Spaces per 1,000 SF Leased)
Frontage
143’ on South Hastings Way

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Accommodation and Food Services
  • -
  • -
  • Double Net
  • Feb 2026

Starbucks Coffee Company is a multinational coffeehouse operator headquartered in Seattle, Washington. The company was founded in 1971 by Jerry Baldwin, Zev Siegl, and Gordon Bowker, initially operating as a retailer of roasted coffee beans and equipment in Seattle’s Pike Place Market. Starbucks later expanded into a café-based model emphasizing handcrafted beverages and in-store customer experience, evolving into one of the most recognizable food and beverage brands worldwide. Starbucks operates through a mix of company-operated and licensed stores, selling coffee, tea, espresso-based beverages, and complementary food items.

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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