5102 Sycamore Canyon Blvd - Freestanding FOR SALE
Riverside, CA 92507 |
$4,736,842 USD
858-373-3184
5102 Sycamore Canyon Blvd
Riverside, CA 92507
HIGHLIGHTS
- 15 Year Starbucks Featuring 10% Rental Increases Every 5 Years throughout the Initial Term and Options. Brand New 2024 High Quality Construction.
- Features Easy Access and Freeway Visibility - Located at a Signalized Intersection with Daily Combined Traffic Counts Exceeding 18k Vehicles.
- Immediate Access to/from Interstate-215 and CA-60 (247k+ VPD).Densely Populated and Affluent Area.
- Starbucks has a S&P Investment Grade Credit Rating of “BBB+” and is Ranked #125 on the Fortune 500 List with an Annual Revenue of more than $35.97B.
- Near University of California Riverside - a Public Research University known for its Diverse Programs and Inclusive Community.
- Immediate Area Experiencing Major Growth: Near Several Large Housing/Retail Developments Under Construction. Tremendous Growth among the last 15 Yrs.
FOR SALE DETAILS
PRICE
$4,736,842 USD
PRICE/SF
$2,368 USD /SF
CAP RATE
4.75%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
15 YEAR STARBUCKS W/ DR-THRU | OFF FREEWAY
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
ADD'L SUBTYPES
Fast Food, Restaurant, Storefront
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2024
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
1.13 AC
LAND SF
49,223 SF
ZONING
-
APN/PARCEL ID
-
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858-373-3184
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858-373-3184
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