856 S Coffee St - Restaurant FOR SALE
Merced, CA 95341 |
856 S Coffee St
Merced, CA 95341
HIGHLIGHTS
- 10-year corporate net lease to Starbucks Corporation
- 10% fixed rental increases every five years, providing a hedge against inflation
- Investment grade tenant, rated “BBB+” by Standard & Poor’s
- Starbucks Corporation (NASDAQ: “SBUX”) is the world’s premier coffee company, with over 33,833 locations and $29.1 billion in annual revenue
- New 2022 construction with dedicated drive-thru for added customer convenience
- Freeway pylon signage to over 43,000 vehicles per day
FOR SALE DETAILS
PRICE
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CAP RATE
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% LEASED
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TENANCY
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BUILDING DETAILS
PROPERTY NAME
Starbucks | Merced
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Restaurant
TOTAL BUILDING SIZE
2200
STORIES
1
YEAR BUILT
2022
SPRINKLERS
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PARKING SPACES
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LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
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APN/PARCEL ID
061-670-004
