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27 John St
Salinas, CA 93901

$3,700,000 USD

Fast Food For Sale  •  1,250 SF

Property Details

• Property Type Fast Food
• Total Building Size 1,250 SF
• Lot Size 0.38 AC
• Building Class B
• Year Built 2024
• Tenancy Single

49 Transit Score

93 Walk Score

Highlights

10-year corporate net lease to Starbucks Corporation

10% fixed rental increases every five years, offering projected growth over a long-term investment

Investment grade tenant, rated “BBB+” by Standard & Poor’s

Mobile orders account for 31% of total transactions, a new record high for Starbucks

Starbucks Corporation (NASDAQ: “SBUX”) is the world’s premier coffee company, with over 38,038 locations and $36 billion in annual revenue

High-quality 2024 construction built to latest Starbucks prototype featuring six (6) curbside pickup spaces for additional customer convenience

Public Transportation

Commuter Rail	Drive	Walk	Distance
Salinas (Coast Starlight - Amtrak)	2 min	14 min	0.7 mi
Airport	Drive	Walk	Distance
Monterey Regional	21 min	-	15.3 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	17
Type:	Surface
Included in Rent:	Yes