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512-540 Academy Ave
Sanger, CA 93657
Starbucks Multi-Tenant Pad | Sanger, CA · Retail Property For Sale
Investment Highlights
- Starbucks Multi-Tenant Pad: 100% Occupied, 3,800-Square-Foot Pad with Starbucks with Drive-Thru End Cap.
- Rico’s Memorial Stones – New 10-Year Lease Executed in 2022
- High Barriers to Entry with Limited Surrounding Retail Competition
- Starbucks – The World’s Largest Coffee Company with Over 40,000 Locations Across 84 Countries and $36.2 Billion in Net Revenue (2024).
- Romeo’s Pizza and Sandwiches – Tenant at the Subject Property Since 2010 (16 Years)
- Excellent Visibility Along Main Retail Corridor
Executive Summary
Top-Performing Starbucks Multi-Tenant Pad with Drive-Thru | Starbucks 23-Year Operating History | Internet-Resistant Tenant Mix
Property Facts
Sale Type
Investment
Property Type
Retail
Building Size
3,800 SF
Building Class
C
Year Built
2003
Price
$2,340,000
Price Per SF
$615.79
Cap Rate
5.65%
NOI
$132,210
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.14
Lot Size
0.63 AC
Zoning
C4
Parking
28 Spaces (7.37 Spaces per 1,000 SF Leased)
Frontage
Property Taxes
| Parcel Number | 320-091-15S | Improvements Assessment | $718,794 |
| Land Assessment | $221,511 | Total Assessment | $940,305 |
Property Taxes
Parcel Number
320-091-15S
Land Assessment
$221,511
Improvements Assessment
$718,794
Total Assessment
$940,305
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