Listed by SRS Real Estate Partners Newport Beach
$5,043,000
Starbucks & Shops
Details
APN 480-030-60
Property Type Retail
Sub Type QSR/Fast Food, Storefront
Square Footage 5,646
Cap Rate 5.75%
NOI $289,950
Occupancy 100%
Tenancy Multi
Brand/Tenant Starbucks
Lease Type NNN
Rent Bumps Yes
Price per SqFt $893
Class A
Year Built 2025
Acreage 0.970
Zoning CC - Commercial Community
Parking Spaces 31 spaces
Parking per 1,000 SqFt 5.49
Investment Type Net Lease
Ownership Fee Simple (Land & Building Ownership)
Retail | 5.75% CAP | 5,646 SqFt
Investment highlights
100% Leased Internet Resistant Multi-Tenant Pad | New Construction | Starbucks Double Drive-Thru | Wingstop | Scheduled Rental Increases | NNN Leases
Pad to Jensen Landing | 65,000 SF Retail and 151-Unit Multifamily Development | National Credit Co-Tenants
51,225 VPD Intersection | Excellent Visibility & Access | Prime Real Estate Fundamentals
Under Served Retail Destination in City of Fresno
5th Largest City in California | Strong Demographics in 5-Mile Trade Area
Listing Contacts
Listed by SRS Real Estate Partners Newport Beach
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Loan Amount
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Annual Debt Service
$--
$--
Annual Cash Flow
$289,950.00
$24,162.50/mo
Valuation Metrics
0
DSCR
5.75%
Cap Rate
5.75%
ROI
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