Fully renovated in 2024, this 2,773-square-foot freestanding Starbucks—with a dedicated drive-thru and patio area—is situated on a highly visible 0.46-acre parcel in the heart of Willits, California, famously known as the “Gateway to the Redwoods.” The property operates under a new 10-year lease through February 2035. LEASE/TENANT Corporate-Backed Long-Term Lease – Starbucks Corporation signed a new 10-year lease with no early termination clause, commencing January 29, 2025. Rare Fee-Simple QSR – Offered as fee-simple ownership, the property allows depreciation of improvements—an advantage over ground lease assets—making it both highly attractive and tax-efficient. Attractive Rent Increases – The lease features 10% rent increases every five years during the primary term and each option period, providing a built-in hedge against inflation. Starbucks Corporation (NASDAQ: SBUX) – The global leader in specialty coffee reported $36.18 billion in revenue for FY 2024, reflecting steady performance and strong brand resilience. With continued investment in digital platforms, store innovation, and international expansion, Starbucks remains a blue-chip tenant with exceptional credit quality. Forbes ranks Starbucks as the world’s second-largest restaurant company, with over 38,000 locations in more than 80 countries—and growing.