Starbucks NN Asset

Starbucks | Pittsburg, CA


Sands Investment Group is Pleased to Exclusively Offer For Sale the Brand New Construction, Drive-Thru Equipped Starbucks NN Asset Located at 999 Center Drive in Pittsburgh, CA. 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 Q2 2024
  • 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 With a High 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 Pittsburg High School – Over 3,000 Students Enrolled

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

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