Jack London Retail - Unit 200 (Former Starbucks)
Former Starbucks Hard Corner Location
Marketing description
Unit 200 is a 2,212 SF retail condo located at the hard corner of Broadway and 2nd St. Formerly occupied by Starbucks, the premises are delivered in "warm shell" condition with infrastructure including 400-amp electrical service and distributed HVAC. Situated at the base of The Ellington residential tower, the unit offers high visibility to pedestrian traffic from the nearby Ferry Terminal and serves as a primary retail frontage for the 134 luxury residences directly above.
Investment highlights
The property occupies the hard corner of B roadway and 2nd Street, providing frontage on two high-traffic corridors within the district.
The unit retains significant tenant improvements from the previous national credit tenant, including electrical capacity and plumbing suitable for food and beverage operations.
The location serves as the ground-floor retail anchor for The Ellington, a 16-story luxury tower comprising 134 residential condominiums, creating an immediate customer base for daily needs and services.
Owner-users may qualify to purchase with up to a 95% LTV by utilizing a combination of transfer of in place loan, a small business loan, and seller financing. Sellers’ existing lender is open to transferring existing 50% LTV financing, subject to customer underwriting and lender approval.
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