Multi Tenant Pad With Drive Thru Starbucks

Highlights:

• Five (5) tenant investment property with Drive-Thru Starbucks (NYSE: SBUX)
• Starbucks has 20 Years of Historical Occupancy at subject property
• Strategic location adjacent to major CA Highway (+/- 134,000 VPD) On & Off Ramps
• Subject Property located In East Bay / San Francisco suburb
• 13 miles from Walnut Creek
• 25 miles from Napa
• 30 miles from downtown San Francisco
• San Francisco / Bay Area MSA – one of the top economies in the United States
• Large freestanding parcel with Drive-Thru lane and sizable parking lot
• Below replacement cost

Description:

Faris Lee Investments is pleased to present the rare opportunity to acquire the fee simple interest in a five-tenant, drive-thru Starbucks-anchored investment property in the city of Pittsburg, California. Starbucks, the largest coffee QSR brand in the world, has operated successfully at this Bay Area MSA location since 2003. The remaining tenant mix includes various daily needs and food uses, all complementary to the anchor tenant, Starbucks. This property has minimal landlord responsibilities, making it an ideal investment opportunity for passive investors. Additionally, there is a 1,400-square-foot end-cap vacancy, which presents a potential value-add scenario for an investor.

The freestanding parcel has exceptional frontage on California Avenue and unobstructed access to the prominent Bay Area/Central Valley traffic corridor, California Highway 4, which sees 134,000 vehicles per day. This highway connects major California cities and suburbs surrounding San Francisco, Oakland, Stockton, and more. There are over 144,900 residents within a 5-mile radius of the property and 65,500 daytime employees. This investment property offers a unique opportunity to acquire a drive-thru-anchored strip center in the affluent and densely populated San Francisco Bay Area MSA, the nation’s 4th largest economy.

Pittsburg, California, is a vibrant city located in Contra Costa County, in the eastern region of the San Francisco Bay Area. Nestled along the Sacramento-San Joaquin River Delta, Pittsburg boasts scenic waterfront views and a rich industrial history, rooted in steel manufacturing and maritime commerce. The city has evolved into a diverse community, offering a mix of suburban living and urban amenities. Pittsburg is well-connected via Highway 4 and the Bay Area Rapid Transit (BART) system, making it a convenient location for commuters to surrounding cities, including San Francisco and Oakland.
Pittsburg’s downtown area has undergone revitalization, featuring modern dining options, local shops, and cultural attractions like the California Theatre. Outdoor enthusiasts enjoy access to nearby parks, trails, and water-based recreation along the Delta. With ongoing residential and commercial developments, coupled with its affordability compared to other Bay Area cities, Pittsburg continues to attract families, professionals, and businesses looking for growth opportunities in a dynamic, community-focused environment.