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Restaurant

New Construction 15-Yr Starbucks w/ Dr-Thru | Prime Sacramento Spot near Pavilions on Fair Oaks Blvd

2300 Fair Oaks Blvd, Sacramento, CA 95825

Listing Price: $4,000,000

Cap Rate
4.75%
Tenant Name
Starbucks
Years Remaining On Lease
14.1
Gross SF
2,330
Guarantor
Corporate Guarantee
Rentable SF
2,330
Price/Gross SF
$1,716.74
Lease Type
Double Net
Rent Per Square Feet
$81.55

Investment Overview

Sacramento is the capital city of the U.S. state of California and the seat of government of Sacramento County. Located at the confluence of the Sacramento and American Rivers in Northern California’s Sacramento Valley, Sacramento’s 2020 population of 524,943 makes it the fourth-most populous city in Northern California, sixth-most populous city in the state, and the ninth-most populous state capital in the United States. Sacramento is the seat of the California Legislature and the Governor of California. Sacramento is also the cultural and economic core of the Greater Sacramento area, which at the 2020 census had a population of 2,680,831, the fourth-largest metropolitan area in California. Sacramento is the fastest-growing major city in California, owing to its status as a notable political center on the West Coast and as a major educational hub, home of California State University, Sacramento and UC Davis. Similarly, Sacramento is a major center for the California healthcare industry, as the seat of Sutter Health, UC Davis Medical Center, and the UC Davis School of Medicine. In 2013, the Sacramento Convention and Visitors Bureau stated that the city receives 15.3 million visitors per year, and is home to the California Museum, Crocker Art Museum, California State Railroad Museum, California State Capitol Museum, the Sacramento Convention Center, and Old Sacramento State Historic Park. It is also a global city, designated at the Gamma - level.

Investment Highlights

  • Rare 15 Year Starbucks Featuring 10% Rental Increases Every 5 Years throughout the Initial Term and Options. Site Features a Drive-Thru. Brand New 2025 High Quality Construction.
  • Positioned Along Area's Traffic, Retail and Office Corridor: Features Easy Access & Excellent Visibility Along Fair Oaks Blvd with Daily Traffic Counts Exceeding 34k Vehicles.
  • Starbucks has a S&P Investment Grade Credit Rating of "BBB+" and is Ranked #125 on the Fortune 500 List with an Annual Revenue of more than $35.97 Billion.
  • The Site Benefits from its Close Proximity to Downtown Sacramento - Home to a Variety of Museums, Theaters, Music Venues, and Restaurants, Providing Residents and Visitors with a Wide Range of Activities to Enjoy.
  • Directly Across from Pavilions Shopping Center - a Premier Luxury Shopping, Home to the Area's most trusted Merchants, Exclusive Brands, and Sumptuous Dining Experiences.
  • Extremely Dense and Affluent Area with over 401k People Residing in a 5-Mile Radius and an Average Household Income of more than $97k within a 3-Mile Radius.
  • Minutes from The UC Davis Medical Center - a 625-Bed Hospital and the only Academic Medical Center and Level 1 Trauma Center in the Northern Central Valley of California.
  • Near Cal Expo & State Fair - a Multi-Purpose Venue Hosting the Annual California State Fair, Showcasing the State's Agriculture, Industries, and Culture. Spanning 350 Acres, it features Exhibit Halls, a Grandstand and Concert Venues. In Close Proximity to California State University Sacramento - a Public University and Part of the California State University System with more than 31k+ Students Currently Enrolled.

Exclusively Listed By

  • Alvin N. Mansour

    Executive Managing Director Investments

    (858) 373-3184

    Email Alvin

    License(s): CA: 01391653, TX: 0606255

    San Diego Downtown

  • David Kern

    First Vice President Investments

    (858) 373-3185

    Email David

    License(s): CA: 01878012

    San Diego Downtown

Restaurant

New Construction 15-Yr Starbucks w/ Dr-Thru | Prime Sacramento Spot near Pavilions on Fair Oaks Blvd

Listing Price: $4,000,000

Cap Rate
4.75%
Tenant Name
Starbucks
Years Remaining On Lease
14.1
Gross SF
2,330
Guarantor
Corporate Guarantee
Rentable SF
2,330
Price/Gross SF
$1,716.74
Lease Type
Double Net
Rent Per Square Feet
$81.55

Investment Highlights

  • Rare 15 Year Starbucks Featuring 10% Rental Increases Every 5 Years throughout the Initial Term and Options. Site Features a Drive-Thru. Brand New 2025 High Quality Construction.
  • Positioned Along Area's Traffic, Retail and Office Corridor: Features Easy Access & Excellent Visibility Along Fair Oaks Blvd with Daily Traffic Counts Exceeding 34k Vehicles.
  • Starbucks has a S&P Investment Grade Credit Rating of "BBB+" and is Ranked #125 on the Fortune 500 List with an Annual Revenue of more than $35.97 Billion.
  • The Site Benefits from its Close Proximity to Downtown Sacramento - Home to a Variety of Museums, Theaters, Music Venues, and Restaurants, Providing Residents and Visitors with a Wide Range of Activities to Enjoy.
  • Directly Across from Pavilions Shopping Center - a Premier Luxury Shopping, Home to the Area's most trusted Merchants, Exclusive Brands, and Sumptuous Dining Experiences.
  • Extremely Dense and Affluent Area with over 401k People Residing in a 5-Mile Radius and an Average Household Income of more than $97k within a 3-Mile Radius.
  • Minutes from The UC Davis Medical Center - a 625-Bed Hospital and the only Academic Medical Center and Level 1 Trauma Center in the Northern Central Valley of California.
  • Near Cal Expo & State Fair - a Multi-Purpose Venue Hosting the Annual California State Fair, Showcasing the State's Agriculture, Industries, and Culture. Spanning 350 Acres, it features Exhibit Halls, a Grandstand and Concert Venues. In Close Proximity to California State University Sacramento - a Public University and Part of the California State University System with more than 31k+ Students Currently Enrolled.

Investment Overview

Sacramento is the capital city of the U.S. state of California and the seat of government of Sacramento County. Located at the confluence of the Sacramento and American Rivers in Northern California’s Sacramento Valley, Sacramento’s 2020 population of 524,943 makes it the fourth-most populous city in Northern California, sixth-most populous city in the state, and the ninth-most populous state capital in the United States. Sacramento is the seat of the California Legislature and the Governor of California. Sacramento is also the cultural and economic core of the Greater Sacramento area, which at the 2020 census had a population of 2,680,831, the fourth-largest metropolitan area in California. Sacramento is the fastest-growing major city in California, owing to its status as a notable political center on the West Coast and as a major educational hub, home of California State University, Sacramento and UC Davis. Similarly, Sacramento is a major center for the California healthcare industry, as the seat of Sutter Health, UC Davis Medical Center, and the UC Davis School of Medicine. In 2013, the Sacramento Convention and Visitors Bureau stated that the city receives 15.3 million visitors per year, and is home to the California Museum, Crocker Art Museum, California State Railroad Museum, California State Capitol Museum, the Sacramento Convention Center, and Old Sacramento State Historic Park. It is also a global city, designated at the Gamma - level.

Exclusively Listed By

  • Alvin N. Mansour

    Executive Managing Director Investments

    (858) 373-3184

    Email Alvin

    License(s): CA: 01391653, TX: 0606255

    San Diego Downtown

  • David Kern

    First Vice President Investments

    (858) 373-3185

    Email David

    License(s): CA: 01878012

    San Diego Downtown

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