Starbucks & Rivian FOR SALE


Ellensburg, WA
$4,270,000 USD
425-218-3636
, Ellensburg, WA for Sale
$4,270,000 USD
FOR SALE
1/2
null | 5.15% Cap Rate

Starbucks & Rivian
Ellensburg, WA


HIGHLIGHTS

  • Newly developed singletenant building featuring Starbucks with Rivian leasing the adjacent pad site, totaling 60,099 SF, both on long-term leases.
  • Starbucks’ drive-thru stores generate higher average sales volumes, aligning with consumer convenience trends.
  • Rivian’s presence enhances property value by positioning the site at the forefront of the electric vehicle charging network.
  • Ellensburg serves as the county seat of Kittitas County with expanding population, supported by university, agriculture, and tourism.

OVERVIEW

This unique pairing of two premier national brands creates a one-of-a-kind investment opportunity that combines daily consumer traffic with the rapidly growing demand for electric vehicle infrastructure. The property is leased to Starbucks Corporation (NASDAQ: SBUX) under a brand-new, long-term corporate lease, offering secure, predictable income backed by the world’s largest coffeehouse chain. Starbucks’ enduring brand strength, loyalty programs, and proven drive-thru model ensure consistent sales performance and high customer retention. The site is strategically located along Interstate 90, Washington’s primary eastwest freeway, providing excellent visibility and access. Ellensburg is the county seat of Kittitas County and home to Central Washington University with over 11,000 students, further supporting strong year-round consumer demand. The adjacent Rivian charging hub positions the site at the forefront of the EV transition. Rivian, a leading U.S. electric vehicle manufacturer, is rapidly expanding its charging network to support its growing customer base. This synergy between Rivian and Starbucks is designed to capture extended dwell times from EV drivers while reinforcing Starbucks as the preferred stop for travelers. This offering presents investors with the opportunity to acquire a newly constructed, high-quality retail property with dependable cash flow from an investment-grade tenant, paired with the future upside of Rivian’s EV infrastructure. Together, these elements make this a best-in-class net lease investment positioned for long-term success.

ASK ABOUT THIS PROPERTY

Andrew GraffKidder MathewsMore Info
425-218-3636

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Andrew GraffKidder MathewsMore Info
425-218-3636

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