Starbucks and Sourdough & Co.
$2,600,000
1801 H Street, Modesto, CA 95354
For Sale
Retail
Active
Last Updated: 03/07/2025
4.02
Cap Rate
104,704
NOI
Details:
Cap Rate: 4.02%
NOI: $104,704
Building Size: 2,600 sqft
Lot Area: 0.42 acres
Lease Type: Triple Net
Year Built: 1990
Price Per Sqft: $1,000
Highlights:
- Two tenant strip center that is 100% occupied
- Starbucks has a drive-thru
- Starbucks has been at this location since 2003 and previously renewed for a 10-year term showing its commitment to the site
- High barriers to entry within the urban infill market of Downtown Modesto, CA
- Hedge against inflation: Each tenant has rental increases throughout the lease term
- Less than 1-Mile from Downtown Modesto, the Property is surrounded by: Brenden Theatres, The Century, Gallo Center for the Arts, McHenry Museum and many more attractions
- Strong demographics: Total population is 151,348 residents with an average household income of $70,074 within a 3-mile radius
- Nearby tenants include: Smart & Final Extra!, Bob's Giant Burgers, Jack in the Box, Denny’s, Best Western and many more
Description:
Sands Investment Group is pleased to present exclusively for sale the 2,600 sf Starbucks and Sourdough & Co. Located at 1801 H Street in Modesto, CA. This opportunity provides for a best-of-class investment with income growth in the desirable Modesto Market.
Documents:
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Offering Memorandum
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Location
Gallery
