788 S Main St - Fast Food FOR SALE
Willits, CA 95490 |
788 S Main St
Willits, CA 95490
HIGHLIGHTS
- PRIME PASSIVE INVESTMENT OPPORTUNITY: Tenant oversees all property management directly
- NEW 10 YEAR LEASE: Long term lease featuring regular 10% rent increases every 5 years, with no kick-out clause
- NEWLY RENOVATED BUILDING PERFORMED BY TENANT: Extensive renovations specifically suited for a Starbucks Drive-Thru, the only one in Willits
- INVESTMENT GRADE TENANT: Strong corporate guarantee from the largest coffee company in the world
- HIGHLY VISIBLE CORNER LOCATION: Well-positioned at the busy, signalized intersection of the two most traveled streets in the area
- DESIRABLE CALIFORNIA REAL ESTATE: Willits is a popular tourist destination, known as “The Heart of Mendocino County” and “The Gateway to the Redwoods"
FOR SALE DETAILS
PRICE
-
CAP RATE
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% LEASED
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TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Freestanding Starbucks Drive thru - Mendocino
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Fast Food
ADD'L SUBTYPES
Freestanding, Restaurant, Storefront
TOTAL BUILDING SIZE
2773
STORIES
1
YEAR BUILT
2002
SPRINKLERS
-
PARKING SPACES
19
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
-
APN/PARCEL ID
006-131-37-00
