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27 John St
Salinas, CA 93901
Starbucks | Monterey County · Retail Property For Sale
Investment Highlights
- 10-year corporate net lease to Starbucks Corporation
- Investment grade tenant, rated “BBB+” by Standard & Poor’s
- Starbucks Corporation (NASDAQ: “SBUX”) is the world’s premier coffee company, with over 38,038 locations and $36 billion in annual revenue
- 10% fixed rental increases every five years, offering projected growth over a long-term investment
- Mobile orders account for 31% of total transactions, a new record high for Starbucks
- High-quality 2024 construction built to latest Starbucks prototype featuring six (6) curbside pickup spaces for additional customer convenience
Property Facts
Property Type
Retail
Property Subtype
Building Size
1,250 SF
Building Class
B
Year Built
2024
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
0.38 AC
Parking
17 Spaces (13.6 Spaces per 1,000 SF Leased)
Property Taxes
| Parcel Number | 002-351-010-000 | Improvements Assessment | $1,800,000 |
| Land Assessment | $568,276 | Total Assessment | $2,368,276 |
Property Taxes
Parcel Number
002-351-010-000
Land Assessment
$568,276
Improvements Assessment
$1,800,000
Total Assessment
$2,368,276
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