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3011 Main St
Mammoth Lakes, CA 93546
Starbucks Drivethrough - Rare Trophy Location · Retail Property For Sale
PROPERTY FACTS
ABOUT 3011 MAIN ST , MAMMOTH LAKES, CA 93546
Irreplaceable Real Estate Location - Generational Investment Opportunity, Brand New Development, New 10 Year Lease (No Kick-Out Clause), Mammoth Mountain Resort - Considered a Flagship Location for Starbucks. We are pleased to offer to qualified investors an opportunity to purchase a newly developed, single tenant asset that is 100% leased to Starbucks (corporate) on a brand new 10 year lease located in Mammoth Lakes, CA. The building is approximately 4,435 square feet and is positioned on 53,143 SF of land. The lease contains 4 - 5 year option periods with 10% rental increases every 5 years (including base term), presenting a strong inflation hedge to an investor. The subject property is strategically positioned on the main entrance/exit leading into Mammoth Lakes providing a convenient and accessible stop for visitors to the highly visited Mammoth Mountain. Adjacent to the subject property is Mammoth Hospital, the Mammoth Police Department, Shilo Inn as well as a Grocery Outlet and Rite Aid.
PROPERTY TAXES
| Parcel Number | 035-120-010-000 | Improvements Assessment | $887,225 |
| Land Assessment | $433,511 | Total Assessment | $1,320,736 |
PROPERTY TAXES
