Pittsburg Archives | Sands Investment Group

Sands Investment Group is Pleased to Present For Sale the Starbucks NN Lease Located in Pittsburg, California. The 10-Year Corporate Guaranteed Lease Features Four (4) By Five (5) Year Options to Extend, and 10% Rental Increases Every 5 Years Throughout the Initial Term and at the Beginning of Each Option Period With No Early Termination Clause. The Subject Property is Strategically Located Off Highway 4 and the Railroad Avenue Exit Which Sees Nearly 155,000 Vehicles Per Day. This Offering Presents the Opportunity to Acquire a Brand New Construction, Investment Grade Tenant With a Growing NOI, Making it an Ideal, Low Management Opportunity For an Investor.

Long-Term 10-Year Corporate Guaranteed Lease With No Early Termination Clause
Attractive 10% Rental Increases Every 5 Years in the Primary Term and at the Beginning of Each Option Period
Brand New Construction- Anticipated Opening Q4 2023
Starbucks is an Investment Grade Tenant – (S&P: BBB)
Starbucks is the World’s Premier Coffee Chain With Over 35,7111 Locations and $32.3 Billion in Annual Revenue
Double Net (NN) Lease Structure – Minimal Landlord Responsibilities
Ideal Positioning – The Site is Located Off Highway 4 and the Railroad Avenue Exit Which Sees Nearly 155,000 VPD
Just Steps From New Courtyard By Marriott Hotel Development – a New 4-Story Hotel With 125 Rooms
Growing Neighborhood With a Dense Population of 144,560 Residents Making an Average Household Income of $93,347 Within a 5-Mile Radius
Walking Distance From Bay Area Rapid Transit (B.A.R.T.), a Rail System That Connects the San Francisco Peninsula With Communities in the East and South Bay
Nearby Pittsburgh High School – Over 3,000 Students Enrolled

In Cooperation With Sands Investment Group, Inc – Lic. #1768950

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Read Additional Thought Leadership Content From SIG, Specializing in Absolute Triple Net Lease Opportunities

Sands Investment Group is Pleased to Present Exclusively For Sale the 8,567 SF Multi-Tenant Absolute NNN Lease Investment Opportunity Located at 2241 US Highway 271 N in Pittsburg, Texas. This Deal Includes a Brand New Construction With a 15 Year Absolute Triple Net (NNN) Lease To Begin at Close of Escrow.

Site is Within an Opportunity Zone Allowing the Landlord to Take Advantage of the Tax Benefits Offered in the 2017 Tax Cuts and Jobs Act
Brand New Construction 15 Year Absolute Triple Net (NNN) Lease To Begin at Close of Escrow
Healthy EBITDAR/Rent Coverage Ratio: 2.25x
7.5% Rental Increases Every 5 Years Provides a Secure Hedge Against Inflation
Excellent Visibility and Access Along Highway-271 Which Sees Over 15,200 Vehicles Per Day
In-House IHOP & Grocery Sales Drive Local Traffic to This Location as Well as Being Adjacent to the Chrysler Dodge Jeep Ram Dealership
Experienced Regional Operator With 18+ Locations and Growing
Truck Stop Destination – 8 MPDs With Diesel Hoses, 6 Diesel Islands and 4 ‘Off-Road’ Dispensers Will Drive Market-Leading Fuel Sales
Additional Revenue – Site Features 1.5 AC of Truck Parking, a Mini Car Wash Tunnel, a Proposed Truck Wash, a Liquor Store and a Truck/Tire Center Will Boost Sales
Major Trucking Route: US Highway 271 Connects Tyler, TX With Interstate 30, Which Leads to Texarkana, Denton and Little Rock
Pittsburg is the Former Home of Pilgrim’s Pride – The Largest Poultry and Egg Producer; Racing Legend Carroll Shelby; and Cavenders Boot City
Pittsburg is Equidistant By 2 Hours to Dallas, TX (to the West) and Shreveport, LA (to the East)
Nearby Tenants Include: Dollar General, Family Dollar, Sonic, McDonald’s, Farm Bureau Insurance, True Value Hardware & Lumber, Guaranty Bank & Trust