PDF Starbucks Coffee

[Pages:12]Starbucks Coffee

Rare SF Bay Area Single Tenant net lease asset

9000 Brooks Rd South, Windsor, CA 95492

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Representative Photo

For more info on this opportunity please contact:

Chris kOSTANECKI ck@ | (415) 274-2701 CA BRE# 01002010

Zeb Ripple zripple@ | (415) 274-2702 CA BRE# 01002010

Chris Peters cpeters@ | (415) 274-2703 CA BRE# 01339983

New 10-year "RELO" Starbucks currently under renovation UNIQUELY AND STRATEGICALLY located in Windsor, CA

The subject property is strategically located between the Safeway and CVS anchored Lakewood Village Shopping Center and Raley's anchored Lakewood Shopping Center, resulting in excellent traffic exposure. The site is at a signalized hard corner and benefits from excellent visibility from Brooks Road South. Starbucks is located in a former Carl's Jr. building, which is undergoing a significant retrofit. Rent commencement is anticipated for May 2015.

PRICE: $2,388,000 CAP rATE: 4.20%

RENTABLE SF. . . . . . . . 2,388 SF LAND AREA. . . . . . . . . . 0.95 Acres LEASE TYPE. . . . . . . . . NN YEAR renovated. . . . 2015

Investment Highlights Investment Grade Tenant: S&P Rated AFreestanding building with drive-thru, and a 10-year roof warranty Dominant trade area; located in the Lakewood Village Shopping Centers with neighboring tenants including Safeway, Raley's, and CVS Signalized hard corner location with excellent visibility from Brooks Road US Highway 101 is just west of the subject property and has daily traffic counts of approximately 47,000 vehicles daily

Lease Highlights 10-year Corporate NN lease with four 5-year options 10% rental increases in each five year option No early termination clause

Investment Highlights

Representative Photo

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Highly Visible Location Signalized hard corner location with excellent visibility from Brooks Road

14,900 DBAroIoLkYs Road S

101

Windsor Creek

Elementary

Mattie Washburn Elementary

Old Redwood Highway

?

101

101

Windsor River Road Shiloh Road

Windsor High School

santa rosa

Windsor Road

WINDSOR GOLF CLUB

Starbucks | 3

ideal location between dominant grocers Situated between Safeway and Raley's anchored centers

Brooks Road S

101

Windsor River Road

Lakewood Drive

Los Amigos Road

14,900 DAILY

? LAKEWOOD DENTAL

? PARIS NAILS ? STUDIO HAIR CO.

Lakewood Drive

101 san Francisco Starbucks | 4

Income & Expense

PRICE

$2,388,000

Price Per Square Foot:

$1,000.00

Capitalization Rate:

4.20%

Total Rentable Area (SF):

2,388

Lot Size (AC):

0.95

STABILIZED INCOME

Per Square Foot

Scheduled Rent

$42.00

$100,296

Effective Gross Income

$42.00

$100,296

LESS

Per Square Foot

Taxes

NNN

$0.00

Insurance

NNN

$0.00

Total Operating Expenses

NNN

$0.00

EQUALS NET OPERATING INCOME

$100,296

This information has been secured from sources we believe to be reliable but we make no representations or warranties, expressed or implied, as to the accuracy of the information. Buyer must verify the information and bears all risk for any inaccuracies.

Representative Photo

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Rent Roll

TENANT INFO

Tenant Name

Sq. Ft.

Starbucks

2,388

Option 1

Option 2

Option 3

Option 4

Totals:

2,388

*Anticipated rent commencement

LEASE TERMS

Term May-15* 04/30/25 05/01/25 04/30/30 05/01/30 04/30/35 05/01/35 04/30/40 05/01/40 04/30/45

Current Rent

$100,296

$100,296

RENT SUMMARY

Monthly Rent

$8,358

Yearly Rent

$100,296

Monthly Rent/FT

$3.50

$9,194

$110,326

$3.85

$10,113

$121,358

$4.24

$11,124

$133,494

$4.66

$12,237

$146,843

$5.12

$8,358

$100,296

$3.50

Yearly Rent/FT $42.00 $46.20 $50.82 $55.90 $61.49 $42.00

This information has been secured from sources we believe to be reliable but we make no representations or warranties, expressed or implied, as to the accuracy of the information. Buyer must verify the information and bears all risk for any inaccuracies.

Subject property: currently under renovation

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Site Plan

Los Amigos Road

Brooks Road

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Photos

Surrounding Retail

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