31330 S Highway 213 | Molalla, OR 97038
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- LoopNet Team
31330 S Highway 213
Molalla, OR 97038
Starbucks · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Safeway, the city’s only national brand, large footprint grocer shadow anchors the property, with sales in excess of $40mm.
- Brand-new build-to-suit construction with an expected grand opening in November 2023.
- Starbucks is an investment-grade credit tenant with a rating of BBB+ (S&P) with over 33,000 locations globally.
- Featuring the most advanced Starbucks prototype with double drive-thru lanes and covered outdoor patio space.
- 10-year NNN lease with 10% rent increases every five years, raising an investor yield 50 basis points after first five years.
- Located just south of the Toliver Road & Highway 13 intersection, and is soon to be developed into a roundabout, providing easier access to the site.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,140 SF
Building Class
B
Year Built
2023
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
0.58 AC
Zoning
C2
PROPERTY TAXES
| Parcel Number | 01088851 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,484,863 |
PROPERTY TAXES
Parcel Number
01088851
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,484,863
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