Fresno, CA - Starbucks & Shops

Description:

• Newly constructed 5,646 SF multi-tenant Drive-Thru restaurant retail shop building with New Leases
• Starbucks (Double Drive-Thru) – new 10-year lease with 10% increases every 5 years. Starbucks is the #1 most valuable restaurant brand in the world, has 40,000 locations globally, $36.17 billion in 2024 revenue, and is publicly traded NASDAQ: SBUX
• WingStop (+2,900 Units) – new 10-year lease with scheduled rental increases throughout the initial term and option periods. WingStop is one of the fastest-growing QSR brands in the world, with over 2,200 locations globally, approximately $3.6 billion in system-wide sales, and is publicly traded on the NASDAQ: WING
• Teriyaki Madness (+200 Units) – new 10-year lease with 10% increases every 5 years. Teriyaki Madness is a rapidly scaling fast-casual brand founded in 2003, with +200 locations nationwide (up from ~158 in 2024),+$190M in systemwide sales, +$1.1M in AUVs, and backed by Fransmart –the growth platform behind Five Guys, QDOBA, and The Halal Guys.
• Smoke Shop – new 3-year lease with ~3% increases annually
• All leases NNN, minimizing expense leakage for future ownership
• The property features state-of-the-art, brand-new construction with modern materials and contemporary design

• Located near Jensen Ave and S Maple Ave intersection that average 51,225 VPD.
• Excellent visiblity and access with designated left turn in on Jensen Ave and access on Maple Ave behind Arco Ampm Station.
• Abudant parking designated for entire shopping center.
• Easy access to State Hwy 99 (92,500 VPD).
• Less than one mile west of the site is the on/off-ramp to State Highway 99, a major thoroughfare serving the City of Fresno.
• Located in Fresno, the 5th largest city in California and one of the country’s. Fresno County’s 2024 Population was +1,028,000 fastest-growing cities.
• Expected addition of 1 million residents by 2050.
• The trade area is supported by more than 222,200 residents and 103,300 employees within five miles.

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Listing ID: a28TP000001vLYbYAM