The Snyder Carlton National Net Lease Team in pleased to present an opportunity to purchase a Starbucks drive-thru anchored value-add multi-tenant retail center located in Ukiah, CA which provides upside potential through additional lease up of one vacant unit (1,455 SF). The property comprises of a 1.58-acre lot, and two buildings totaling 11,703 SF. Tenants are a mix of national and local retailers including Starbucks, Verizon, Fantastic Sams, Isi’s Pizza, Phone Clinic, Pest Control, and Las Palmas Mexican Restaurant.
Positioned on the hard corner signalized intersection of Commerce Dr and Airport Park Blvd this property is nearby many national retailers including Costco, Walmart, FoodMaxx Michaels, Staples, Panda Express, Dollar Tree, and Tractor Supply Co. which drives retail synergy and cross shopping opportunities for consumers. The subject property is also located within walking distance of four hotels with over 280 rooms. This is a unique opportunity to purchase a value-add Starbucks drive thru anchored multi-tenant retail center with three national retailers and the ability to increase cash flow through lease up.