969 Sierra St - Freestanding FOR SALE
Kingsburg, CA 93631 |
$2,340,000 USD
949-244-9335
969 Sierra St
Kingsburg, CA 93631
HIGHLIGHTS
- 100% Occupied Starbucks With Drive-Thru End Cap, Multi-Tenant Pad to Save Mart (Top 10% Nationwide) & CVS Pharmacy-Anchored Center
- Internet-Resistant Tenant Mix – Starbucks, Yum Yum Yogurt, and Nice Nails & Spa
- Starbucks – The World’s Largest Coffee Company With Over 40,000 Locations Across 84 Countries and $36.2 Billion in Net Revenue (2024)
- Tenant at the Subject Property Since 2003 (23 Years)
- Top 26% Location in California (Placer.ai)
- Rare 15% Increases in Each of the Option Periods
FOR SALE DETAILS
PRICE
$2,340,000 USD
PRICE/SF
$724 USD /SF
CAP RATE
5.65%
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Starbucks Anchored Pad to Save Mart & CVS
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2003
SPRINKLERS
-
PARKING SPACES
20
LAND DETAILS
LAND ACRES
0.69 AC
LAND SF
30,056 SF
ZONING
CC
APN/PARCEL ID
394-220-18
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949-244-9335
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949-244-9335
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