Brand New 10-Year Starbucks | 2740 Jensen Ave
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
Brand New 10-Year Starbucks 2740 Jensen Ave
2,032 SF Retail Building Sanger, CA 93657 $4,146,615 CAD ($2,041 CAD/SF) 5.25% Cap Rate
Investment Highlights
- New 10-Year Corporate Lease | Investment Grade Tenant | S&P BBB+
- Part of a New Development with Chipotle (also available for sale) and Oil Changers
- Rare Landlord Friendly “Tenant Self-Maintenance” of the Common Areas Lease Provision
- Brand New 2024 Build-to-Suit Café Prototype with Inside Seating, Patio and Drive-Thru
- Located Across the Street From Top 15% Performing Wal-Mart in the U.S. (placer.ai)
Executive Summary
Commercial Retail Associates, Inc. is pleased to have been selected as the exclusive listing agent for the sale of this brand new 2024 build-to-suit constructed ±2,032 square foot free-standing café prototype building with inside seating, patio and double lane drive-thru which is leased to the Starbucks Corporation. Located just off the hard corner of Jensen and Bethel Avenues with over 27,000 ADT in Sanger, California (Fresno MSA) the subject property is well positioned along Jensen Avenue near a strategic entrance to an established Wal-Mart Supercenter anchored shopping center which caters not only to the nearby residents, business, and schools of Sanger, but also to the surrounding community trade area. 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
2,032 SF
Building Class
B
Year Built
2024
Price
$4,146,615 CAD
Price Per SF
$2,041 CAD
Cap Rate
5.25%
NOI
$217,725 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Land Acres
0.83 AC
Amenities
- Monument Signage
Walk Score ®
Very Walkable (70)
PROPERTY TAXES
Parcel Number | 315-021-23 | Improvements Assessment | $2,290,327 CAD |
Land Assessment | $625,928 CAD | Total Assessment | $2,916,255 CAD |
PROPERTY TAXES
Parcel Number
315-021-23
Land Assessment
$625,928 CAD
Improvements Assessment
$2,290,327 CAD
Total Assessment
$2,916,255 CAD
1 of 7
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
Brand New 10-Year Starbucks | 2740 Jensen Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.