This Retail Property is no longer advertised on LoopNet.com.

3650 Rio Rd
Carmel, CA 93923
Starbucks · Retail Property For Sale

Investment Highlights

  • The lease is backed by the full corporate credit of Starbucks Corporation.
  • Starbucks plans major reinvestment and remodel in 2027 at the start of its option period, converting the store to the modern “Cafe-Style” prototype.
  • Located in The Crossroads Carmel Shopping Center, benefiting from synergy with major anchors including Safeway, CVS, Ace Hardware, & Bank of America.
  • Starbucks has operated at this location since 2012 (13+ years) and recently executed a five (5)-year lease extension.
  • Strategically located just off California Highway 1 within The Crossroads Carmel, the area’s dominant shopping center.
  • Positioned on a hard corner at Rio Road and Cabrillo Highway (Highway 1)—the main north-south coastal route and gateway to the Monterey Peninsula.

Property Facts

Property Type
Retail
Property Subtype
Restaurant
Building Size
4,000 SF
Building Class
B
Year Built
1973
Tenancy
Single
Building Height
1 Story
Building FAR
0.25
Lot Size
0.37 AC
Zoning
LC - Light Commercial
Parking
30 Spaces (7.5 Spaces per 1,000 SF Leased)

Amenities

  • Signage

Property Taxes

Property Taxes

Parcel Number
009-562-026-000
Land Assessment
$2,187,291
Improvements Assessment
$1,367,057
Total Assessment
$3,554,348
  • Listing ID: 38324500

  • Date on Market: 11/4/2025

  • Last Updated:

  • Address: 3650 Rio Rd, Carmel, CA 93923

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