5149 Manzanita Ave - Fast Food FOR SALE


Sacramento, CA 95841
$2,208,000 USD
925-388-0888
5149 Manzanita Ave, Sacramento, CA for Sale
$2,208,000 USD
Fast Food - FOR SALE
1/9
null | 5% Cap Rate

5149 Manzanita Ave
Sacramento, CA 95841


HIGHLIGHTS

  • National Credit Tenant (NASDAQ: SBUX) with Strong Historical Occupancy - 19 Years
  • NNN Lease with 2.5 Years Remaining; Three, 5-Year Options with 13% Increases at Options
  • High-Visibility Drive-Thru Location with Excellent Access and Exposure off of Manzanita and Madison Avenues - 54,600 VPD
  • Strategically Positioned in Dense Retail-Commercial Trade Area in Thriving Sacramento Suburb, Carmichael - $100,627 AHI in 3 Mile Radius

OVERVIEW

Essential CRE is pleased to present the opportunity to acquire the fee simple interest in the Starbucks located at 5149 Manzanita Avenue in Sacramento (Carmichael), CA. The subject property is 1,706 square feet, resides on .62 acres of land, was built in 2006 and is an outparcel to a very busy daily needs strip center. Starbucks benefits from excellent exposure and access off of Manzanita and Madison Avenues (signalized intersection) and features drive thru access. Starbucks benefits from its immediate proximity to The Home Depot, Walmart Neighborhood Market, Ross, PetSmart, Carl's Jr, Arby's, KFC, Sizzler, ARCO ampm, Sinclair and DaVita Dialysis.

FOR SALE DETAILS

PRICE

$2,208,000 USD

PRICE/SF

$1,294 USD /SF

CAP RATE

5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Starbucks

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2006

SPRINKLERS

-

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.62 AC

LAND SF

27,007 SF

ZONING

LC

APN/PARCEL ID

230-0072-001

ASK ABOUT THIS PROPERTY

Michael CisterninoEssential CREMore Info
925-388-0888

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Michael CisterninoEssential CREMore Info
925-388-0888

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.