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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



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
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
AMENITIES
- Drive Thru
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
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.
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 |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 008-021-004-000 | Improvements Assessment | $2,039,768 |
| Land Assessment | $1,004,605 | Total Assessment | $3,044,373 |
PROPERTY TAXES
Presented by
Starbucks & Wingstop | 2411 Broadway
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