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910 4th St
Hollister, CA 95023
Starbucks · Retail Property For Sale
Investment Highlights
- Starbucks, with nearly 41,000 global locations, secures this single-tenant investment with a 10-year net lease backed by its BBB+ S&P credit rating.
- Lease backed by Starbucks Corporation (S&P: “BBB+”), a globally recognized and financially secure tenant, offering unparalleled investment security.
- 10% rental increases every five years, including six 5-year options, provide predictable income growth for investors.
- Tenant covers taxes, insurance, and maintenance, ensuring a low-management investment.
Executive Summary
The property occupies a highly visible, signalized corner at Westside Boulevard and 4th Street, benefiting from exposure to more than 17,000 vehicles per day and convenient access from surrounding neighborhoods. The site is within walking distance of several newer residential communities, including Summer Park, Aspen Park, and Solorio, and is supported by a strong local customer base from nearby schools with a combined enrollment of more than 5,000 students. Major employers such as Amazon and Hazel Hawkins Memorial Hospital are located less than two miles away, further contributing to daily traffic and consumer demand. The surrounding area continues to experience significant growth, with 59,410 residents living within five miles of the property, representing a 29% increase since 2010 and a 10% increase since 2020. The trade area also benefits from strong household incomes, averaging $145,118 annually and projected to reach $160,827 within the next five years.
Property Facts
Sale Type
Investment NNN
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Fast Food
Building Size
1,540 SF
Building Class
B
Year Built
2026
Price
$3,800,000
Price Per SF
$2,467.53
Cap Rate
5.25%
NOI
$199,500
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
0.56 AC
Zoning
AP
Parking
19 Spaces (12.34 Spaces per 1,000 SF Leased)
Amenities
- Drive Thru
Property Taxes
| Parcel Number | 052-040-020-000 | Improvements Assessment | $0 |
| Land Assessment | $663,000 | Total Assessment | $663,000 |
Property Taxes
Parcel Number
052-040-020-000
Land Assessment
$663,000
Improvements Assessment
$0
Total Assessment
$663,000
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