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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
Retail
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)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
315-021-23
Land Assessment
$625,928 CAD
Improvements Assessment
$2,290,327 CAD
Total Assessment
$2,916,255 CAD
  • Listing ID: 33746359

  • Date on Market: 2024-11-04

  • Last Updated:

  • Address: 2740 Jensen Ave, Sanger, CA 93657

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