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Starbucks

788 S Main St, Willits, CA 95490, USA

Price:
$3,177,570
CAP Rate:
5.35%
NOI:
$170,000
Net Rentable Area:
2,773 SF
Lot Size:
0.46 Acres
Year Built:
2024
Status:
Available

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”

RECENT LISTINGS

GET IN TOUCH WITH US

DIRECT:

818.907.9525

OFFICE:

818.212.2730

Email:

Corporate Office:

16830 Ventura Blvd. Suite 100, Encino, CA 91436

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