Starbucks 2740 Jensen Ave

Investment Highlights

New 10-Year Corporate Lease | Investment Grade Tenant | S&P BBB+ Part of a New Development with Chipotle and Oil Changers (also available for sale) Rare Landlord Friendly ?Tenant Self-Maintenance? of the Common Areas Lease Provision Brand New 2024 Build-to-Suit Caf? Prototype with Inside Seating, Patio and Drive-Thru Located Across the Street From a Top 15% Performing Wal-Mart in the U.S. (placer.ai)

Executive Summary

Commercial Retail Associates, Inc. is pleased to have been selected as the exclusive listing agent for the sale of this brand new 2024 build-to-suit constructed ?2,032 square foot free-standing caf? prototype building with inside seating, patio and double lane drive-thru which is leased to the Starbucks Corporation. Located just off the hard corner of Jensen and Bethel Avenues with over 27,000 ADT in Sanger, California (Fresno MSA). The subject property is well positioned along Jensen Avenue near a strategic entrance to an established Wal-Mart Supercenter anchored shopping center which caters not only to the nearby residents, business, and schools of Sanger, but also to the surrounding community trade area. This offering presents an investor with an opportunity to acquire an attractive pride-of-ownership, brand-new constructed commercial property that is leased to an investment grade corporate tenant, with a long-term lease commitment to the subject site.

• Sale Type    Investment
• Property Type    Retail
• Property Subtype    Fast Food Fast Food General Retail Convenience Store General Retail Freestanding General Retail Restaurant Fast Food
• Building Size    2,032
• Building Class    B
• Year Built    2024
• Construction Status    Under Construction
• Price    3,100,000
• Price Per SF    1,526
• Cap Rate    5
• NOI    155,000
• Tenancy    Single
• Building Height    1 Story
• Building FAR    0.06
• Land Acres    0.83 AC

• Pylon Sign
• Monument Signage