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Starbucks & Wingstop 2411 Broadway 3,160 SF 100% Leased 4-Star Retail Building Eureka, CA 95501 $4,571,000 ($1,446.52/SF) 5.25% Cap Rate

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INVESTMENT HIGHLIGHTS

  • 100% Leased to Starbucks & Wingstop on Long-Term Leases with Scheduled Rent Increases
  • Prominent, Convenient Location along US-101, Eureka's Primary Thoroughfare (40,400 ADT)
  • 1.5 Miles from Eureka High School (1,226 Students) & 5 Miles from Cal Poly Humboldt (6,000+ Students)
  • New 2024 Construction Featuring a Drive-Thru Component for Starbucks
  • Active Retail Corridor Across from Brand New In-N-Out, Chipotle & MOD Pizza and Half a Mile from Bayshore Mall (4M+ Annual Visits, per Placer.ai)
  • Strong Local Demographics with Broad Consumer Base in Tourism & Cultural Hub with Significant Year-Round Tourism Draw

EXECUTIVE SUMMARY

New 2024 construction retail building with a drive-thru 100% leased to Starbucks & Wingstop on long-term leases with scheduled rent increases. The subject property is ideally positioned with convenient access along the highly trafficked US-101/Redwood Highway (40,400 ADT), Eureka’s primary thoroughfare, located just one mile from downtown. Positioned within a vibrant retail corridor, the site sits across from the new Pacific Plaza, which features In-N-Out Burger, Chipotle, MOD Pizza, T-Mobile, and Sourdough & Co. Surrounding retailers include Costco, WinCo Foods, Michaels, BevMo!, Big 5 Sporting Goods, Chevron, KFC, Applebee’s, Les Schwab Tire Center, Jack in the Box, Taco Bell, Harbor Lanes bowling alley, and multiple national hotel chains. Within half a mile is Bayshore Mall, a 730,000-square-foot enclosed shopping center that boasts over 4 million annual visits (per Placer.ai). It is the largest shopping complex within a 200-mile radius, anchored by Walmart, Ross, T.J. Maxx, and Kohl’s with additional tenants including Planet Fitness, Petco, Ulta Beauty, Old Navy, Sportsman’s Warehouse, Famous Footwear, GameStop, GNC, Verizon, McDonald’s, and others.
The property benefits from strong local demographics and a broad consumer base, supported by its central location in a tourism-driven market and more than 47,000 residents within a five-mile radius, with an average household income exceeding $96,000. The site is also located near multiple elementary and middle schools, 1.5 miles from Eureka High School (1,226 students), and five miles from Cal Poly Humboldt, which enrolls more than 6,000 students.

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
3,160 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2024
Price
$4,571,000
Price Per SF
$1,446.52
Cap Rate
5.25%
NOI
$240,000
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.09
Lot Size
0.78 AC
Zoning
RM-2500,CS
Parking
24 Spaces (7.59 Spaces per 1,000 SF Leased)
Frontage
131’ on Redwood Highway

AMENITIES

  • Drive Thru

MAJOR TENANTS Click Here to Access

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Accommodation and Food Services
  • -
  • -
  • Lorem Ipsum
  • Jan 0000

Starbucks is a multinational coffeehouse chain founded in 1971 in Seattle, Washington. Initially a retailer of coffee beans and equipment, the company expanded under Howard Schultz’s leadership in the late 1980s to become a global coffeehouse brand. Starbucks operates thousands of stores worldwide, including over 3,000 in California, offering coffee, tea, and food products alongside branded merchandise. The company emphasizes ethical sourcing and sustainability in its operations. Starbucks is publicly traded on NASDAQ under the ticker symbol SBUX and reported employing approximately 381,000 people globally in 2025. Its growth strategy includes licensed stores, digital ordering platforms, and specialty formats such as Starbucks Reserve® Roasteries.

  • Accommodation and Food Services
  • -
  • -
  • Lorem Ipsum
  • Jan 0000

Wingstop is a high-growth franchisor and operator of restaurants that specialize in cooked-to-order, handsauced and tossed chicken wings. Founded in 1994 in Garland, Texas, they pioneered the concept of wings as a “center-of-the-plate” item for all meal occasions. They offer numerous bold, distinctive and crave able flavors on bone-in and boneless chicken wings paired with hand-cut, seasoned fries and sides made fresh daily. Their menu is highly customizable for different dining occasions, and they believe it delivers a compelling value proposition for groups, families, and individuals.

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Accommodation and Food Services - - Lorem Ipsum Jan 0000
Accommodation and Food Services - - Lorem Ipsum Jan 0000
Bike Score®
Very Bikeable (73)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

Safeway
Winco Foods
Tri Counties Bank
Humboldt Crossfit
Dutch Bros
U.S. Bank
Bank of America
Grocery Outlet

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
008-021-004-000
Land Assessment
$1,004,605
Improvements Assessment
$2,039,768
Total Assessment
$3,044,373
  • Listing ID: 38136559

  • Date on Market: 10/19/2025

  • Last Updated:

  • Address: 2411 Broadway, Eureka, CA 95501

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