Starbucks for Sale in Corcoran, CA
Corcoran, CA
Key Investment Metrics
Price
$3,063,000
Cap Rate
5.5%
Net Operating Income
$168,465
Building Size
2000 SF
Land Area
0.41 Acres
Lease Term
10 years
Lease Type
Net
Tenant Credit
Credit Rated, Corporate Guarantee
Year Built
2024
Occupancy
100%
Tenancy
Single
Rent Increases
10% Every 5-Years
Property overview
Starbucks in Corcoran
Review the reported property and lease details, then request the supporting documents for your acquisition review.
- Building area
- 2,000 SF
- Land area
- 0.41 acres
- Year built
- 2024
- Lease type
- Net
Confirm current availability, pricing and lease terms through the inquiry form before relying on this listing.
Before you make an offer
Four things to verify
- 1
Lease and guaranty
Request the executed lease and amendments. Identify the legal tenant, guarantor and landlord obligations.
- 2
Income and expenses
Obtain the rent roll and operating statement supporting the advertised NOI and cap rate.
- 3
Property condition
Review survey, title, condition and environmental information relevant to this property.
- 4
Exchange requirements
For a 1031 exchange, confirm eligibility and deadlines with your qualified intermediary and tax adviser.