788 S Main St | Willits, CA 95490
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- LoopNet Team
788 S Main St
Willits, CA 95490
Freestanding Starbucks Drive thru - Mendocino · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- PRIME PASSIVE INVESTMENT OPPORTUNITY: Tenant oversees all property management directly
- NEWLY RENOVATED BUILDING PERFORMED BY TENANT: Extensive renovations specifically suited for a Starbucks Drive-Thru, the only one in Willits
- HIGHLY VISIBLE CORNER LOCATION: Well-positioned at the busy, signalized intersection of the two most traveled streets in the area
- NEW 10 YEAR LEASE: Long term lease featuring regular 10% rent increases every 5 years, with no kick-out clause
- INVESTMENT GRADE TENANT: Strong corporate guarantee from the largest coffee company in the world
- DESIRABLE CALIFORNIA REAL ESTATE: Willits is a popular tourist destination, known as “The Heart of Mendocino County” and “The Gateway to the Redwoods"
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
2,773 SF
Building Class
C
Year Built/Renovated
2002/2024
Tenancy
Single
Building Height
1 Story
Building FAR
0.14
Lot Size
0.46 AC
Zoning
C2
Parking
19 Spaces (6.85 Spaces per 1,000 SF Leased)
Frontage
159’ on S Main St
AMENITIES
- Signage
- Signalized Intersection
- Drive Thru
PROPERTY TAXES
| Parcel Number | 006-131-37-00 | Improvements Assessment | $1,124,604 |
| Land Assessment | $657,004 | Total Assessment | $1,781,608 |
PROPERTY TAXES
Parcel Number
006-131-37-00
Land Assessment
$657,004
Improvements Assessment
$1,124,604
Total Assessment
$1,781,608
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