Download the Offering Memorandum for details about the tenant, lease, financials, and more.
Property Details
PRIME PASSIVE INVESTMENT OPPORTUNITY
Limited landlord responsibilities, tenant oversees all property management directly
BRAND NEW 10 YEAR LEASE
Long term lease featuring regular 10% rent increases every 5 years, with no kick-out clause
NEWLY RENOVATED BUILDING
Extensive renovations specifically suited for a Starbucks Drive-Thru, the only one in Willits
INVESTMENT GRADE TENANT
Strong corporate guarantee from the largest coffee company in the world
HIGHLY VISIBLE CORNER LOCATION
Well-positioned at the busy, signalized intersection of the two most traveled streets in the area
DESIRABLE CALIFORNIA REAL ESTATE
Willits is a popular tourist destination and is known as “The Heart of Mendocino County” and “The Gateway to the Redwoods”