788 S Main St - Fast Food FOR SALE


Willits, CA 95490
$3,178,000 USD
480-269-3154
788 S Main St, Willits, CA for Sale
$3,178,000 USD
Fast Food - FOR SALE
1/4
null | 5.35% Cap Rate

788 S Main St
Willits, CA 95490


HIGHLIGHTS

  • 20,381+ VPD Along Main Street
  • 41K+ Stores Worldwide
  • 11,000+ Residents Within a 5-Mile Radius
  • $105,000 Average Household Income Within a 5-Mile Radius

OVERVIEW

The only Starbucks for 20 miles sits on the corner everyone has to pass. This corporate Starbucks drive-thru occupies a signalized hard corner at Main Street and Highway 20 in Willits, capturing local traffic, Highway 101 travelers, and consumers drawn from communities within a 60-mile radius. With limited branded coffee competition and neighboring retailers including Safeway, Grocery Outlet, McDonald’s, Taco Bell, and Dollar Tree, the property sits at the center of Northern Mendocino County’s primary retail trade area. Add a corporate lease through 2035, built-in rent growth, and minimal landlord responsibilities, and this is small-market net lease retail with a much bigger trade area than the population suggests.

FOR SALE DETAILS

PRICE

$3,178,000 USD

PRICE/SF

$1,146 USD /SF

CAP RATE

5.35%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Corporate Starbucks Drive-Thru

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2002

SPRINKLERS

-

PARKING SPACES

19

LAND DETAILS

LAND ACRES

0.46 AC

LAND SF

20,038 SF

ZONING

C2

APN/PARCEL ID

006-131-37-00

ASK ABOUT THIS PROPERTY

Brandon NortonMonarch Commercial AdvisorsMore Info
480-269-3154

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Brandon NortonMonarch Commercial AdvisorsMore Info
480-269-3154

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