For Sale | Brand New Starbucks Single Tenant Net Leased Investment
$2,390,000
13640 E. Manning Avenue, Parlier, CA 93648
5
Cap Rate
2,100 sqft
Building Size
Details:
Highlights:
- New 10-Year Corporate Lease | Investment Grade Tenant S&P Rated: BBB
- Brand New Construction w/Drive-Thru | Outparcel to New Retail/Office Development
- 10% Rent Increases Every 5-Years | No Early Lease Termination Right
- High Traffic Volume Location | Over 22,000 ADT @ Manning and Mendocino Avenues
Description:
Commercial Retail Associates, Inc. is pleased to have been selected as the exclusive listing agent for the sale of this brand new ±2,100 square foot free-standing drive-thru pad building leased to the Starbucks Corporation and located just off the hard corner of Manning and Mendocino Avenues in Parlier, California (Fresno MSA). The subject property is well positioned directly along Manning Avenue, a strategic thoroughfare connecting the City of Parlier to State Highway 99 to the west and to the east the City of Reedley, other surrounding communities, and recreational landmarks in the Sequoia National Park. This offering presents an investor with an opportunity to acquire an attractive, brand-new constructed property that is leased to a corporate, investment grade tenant with a new long-term lease commitment to the site.
Documents:
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OM_Starbucks_Parlier_CA.pdf
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Location
Gallery
