818-259-0476
3650 Rio Rd, Carmel, CA for Sale
Restaurant - FOR SALE
1/6
null | Request Cap Rate

3650 Rio Rd
Carmel, CA 93923


HIGHLIGHTS

  • The lease is backed by the full corporate credit of Starbucks Corporation.
  • Starbucks has operated at this location since 2012 (13+ years) and recently executed a five (5)-year lease extension.
  • Starbucks plans major reinvestment and remodel in 2027 at the start of its option period, converting the store to the modern “Cafe-Style” prototype.
  • Strategically located just off California Highway 1 within The Crossroads Carmel, the area’s dominant shopping center.
  • Located in The Crossroads Carmel Shopping Center, benefiting from synergy with major anchors including Safeway, CVS, Ace Hardware, & Bank of America.
  • Positioned on a hard corner at Rio Road and Cabrillo Highway (Highway 1)—the main north-south coastal route and gateway to the Monterey Peninsula.

OVERVIEW

Starbucks - Irreplaceable Coastal Location

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Starbucks

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Fast Food, Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1973

SPRINKLERS

-

PARKING SPACES

30

LAND DETAILS

LAND ACRES

0.37 AC

LAND SF

16,117 SF

ZONING

-

APN/PARCEL ID

009-562-026-000

ASK ABOUT THIS PROPERTY

Patrick WadeCBRE, Inc.More Info
818-259-0476

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Patrick WadeCBRE, Inc.More Info
818-259-0476

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.