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27758393
27758394

2411 Broadway St, Eureka, CA 95501

VN
CA CA 01963342
Fisher James Capital
LS
CA CA 01443387
Fisher James Capital
PD
CA 01750064
Fisher James Capital
Listed by Fisher James Capital
$4,381,000
247 days on market
Updated 21 days ago

Starbucks & Wingstop

Details
Property Type Retail
Sub Type QSR/Fast Food
Square Footage 3,160
Units 2
Cap Rate 5.25%
NOI $230,000
Occupancy 100%
Tenancy Multi
Brand/Tenant Starbucks, Wingstop
Lease Type Net
Rent Bumps Yes
Price per SqFt $1,386
Broker Co-Op Yes
Year Built 2024
Buildings 1
Stories 1
Acreage 0.780
Investment Type Net Lease
Tenant Credit Credit Rated, Corporate Guarantee

New Construction Shops Building with a Drive-Thru | 100% Leased to Starbucks & Wingstop on Long-Term

Marketing description

New 2024 construction retail building with a drive-thru 100% leased to Starbucks & Wingstop on long-term leases with scheduled rent increases. The subject property is ideally positioned with convenient access along the highly trafficked US-101/Redwood Highway (40,400 ADT), Eureka’s primary thoroughfare, located just one mile from downtown. Positioned within a vibrant retail corridor, the site sits across from the new Pacific Plaza, which features In-N-Out Burger, Chipotle, MOD Pizza, T-Mobile, and Sourdough & Co. Surrounding retailers include Costco, WinCo Foods, Michaels, BevMo!, Big 5 Sporting Goods, Chevron, KFC, Applebee’s, Les Schwab Tire Center, Jack in the Box, Taco Bell, Harbor Lanes bowling alley, and multiple national hotel chains. Within half a mile is Bayshore Mall, a 730,000-square-foot enclosed shopping center that boasts over 4 million annual visits (per Placer.ai). It is the largest shopping complex within a 200-mile radius, anchored by Walmart, Ross, T.J. Maxx, and Kohl’s with additional tenants including Planet Fitness, Petco, Ulta Beauty, Old Navy, Sportsman’s Warehouse, Famous Footwear, GameStop, GNC, Verizon, McDonald’s, and others.

The property benefits from strong local demographics and a broad consumer base, supported by its central location in a tourism-driven market and more than 47,000 residents within a five-mile radius, with an average household income exceeding $96,000. The site is also located near multiple elementary and middle schools, 1.5 miles from Eureka High School (1,226 students), and five miles from Cal Poly Humboldt, which enrolls more than 6,000 students.

Investment highlights

  • 100% Leased to Starbucks & Wingstop on Long-Term Leases

  • 10% Rental Escalations in Primary Term & Options

  • New 2024 Construction with a Drive-Thru Component for Starbucks

  • Prominent, Convenient Location Along US-101, Eureka's Primary Thoroughfare (40,400 ADT)

  • Active Retail Corridor, Across from a Brand New In-N-Out Burger, Chipotle, MOD Pizza & T-Mobile

  • Half a Mile from Bayshore Mall - 4M+ Annual Visits (per Placer.ai)

  • Eureka is a Major Tourism & Cultural Hub with Significant Year-Round Tourism Draw

Listing Contacts

VN
CA CA 01963342
Fisher James Capital
LS
CA CA 01443387
Fisher James Capital
PD
CA 01750064
Fisher James Capital
Listed by Fisher James Capital

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Loan Amount
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Annual Debt Service
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Annual Cash Flow
$230,000.00
$19,166.67/mo

Valuation Metrics

0
DSCR
5.25%
Cap Rate
5.25%
ROI

Map

Zoning

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SC CommercialSpecial CommercialService Commercial
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Last updated Jan 23, 2026 For deeper zoning details, reports are available at Zoneomics

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Additional Information

Name
Vahe Nokhoudian
License
CA 01963342
Name
Lindsey Snider
License
CA 01443387
Brokerage
Fisher James Capital
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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