Brand New 10-Year Starbucks | 1439 W 'F' St
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Brand New 10-Year Starbucks 1439 W 'F' St
1,148 SF Retail Building Oakdale, CA 95361 £2,163,475 (£1,885/SF) 5.25% Net Initial Yield
Investment Highlights
- New 10-Year Corporate Lease | Investment Grade Tenant | S&P BBB+
- Brand New 2024 Build-to-Suit Drive-Thru Prototype Building
- High Traffic Volume Location | Over 16,900 ADT on Highway 108
- Rare Landlord Friendly Lease Provision with Tenant Maintaining the Exterior Areas
- Located near Oak Valley Hospital and Oakdale High School
Executive Summary
Commercial Retail Associates, Inc. is pleased to be selected as the exclusive listing agent for the sale of this brand new 2024 constructed build-to-suit ±1,148 square foot free-standing drive-thru prototype building leased to the Starbucks Corporation. The site fronts F Street/Highway 108, a major commercial arterial that runs east to west in Oakdale, with over 16,900 ADT passing by the site and is accessible from Ash Avenue. Neighboring retail tenants within close proximity to the subject property are Rite Aid, 7-Eleven, Circle K, Dollar General, Subway, Dominos, Huckleberry’s and various medical offices with Oak Valley Hospital within 1 block of the property. 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.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
1,148 SF
Building Class
B
Year Built
2024
Price
£2,163,475
Price Per SF
£1,885
Net Initial Yield
5.25%
NOI
£113,582
Tenancy
Single
Number of Floors
1
Building FAR
0.06
Lot Size
0.45 AC
Frontage
139 ft on West F Street
Walk Score ®
Very Walkable (72)
Bike Score ®
Very Bikeable (70)
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 063-18-08 | Improvements Assessment | £36,056 |
Land Assessment | £96,164 | Total Assessment | £132,220 |
PROPERTY TAXES
Parcel Number
063-18-08
Land Assessment
£96,164
Improvements Assessment
£36,056
Total Assessment
£132,220
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Brand New 10-Year Starbucks | 1439 W 'F' St
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