

Starbucks | Atwater, CA
8 Years Remaining | Pad to Save Mart and CVS | $90,000 AHHI
Marketing description
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Investment highlights
Single-Tenant Corporate (NASDAQ: SBUX; S&P: BBB+) Starbucks Café and Drive-Thru
Largest coffeehouse chain globally with approximately 40,000 stores in 84 countries
8 years remaining on initial 10-year term
10% increases every 5 years; next increase is July 2028
2,082 SF including a café and drive-thru
One of the “World’s Most Admired Companies” ‒ Fortune (2009-2024)
“#1 Sector Leaders: Restaurants” – Fortune (2025)
Pad to a Save Mart and CVS-Anchored Center: Other national tenants within the center include Ace Cash Checking, Baskin Robbins, Chase, Freeway Insurance, GameStop, Great Clips, Merchants Bank, Remax, Round Table and Sonic
Favorable Drive-Thru Format: Approximately 60%-70% of all business for quick service restaurants come through a drive-thru and average Starbucks store sales are approximately 50% greater in locations that have a drive-thru
2023 Construction
Located in an Opportunity Zone
Close Proximity to Highway 99, One of California’s Primary North/South Highways
Affluent Demos; $90,000 AHHI within a 5-Mile Radius
Access to Central California’s coast, Sierra Nevada Mountains, National Parks, and Major Cities: Atwater is within a 2-hour drive of San Francisco, Monterey, Napa Valley, and Yosemite National Park
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