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Starbucks - QSR/Fast Food
1202 Betteravia Rd, Santa Maria, CA 93455
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FOR SALERetail / Fast Food
Cap Rate
5.25%
NOI
$250,000
Building Size
1,300SF
APN
111-400-032
Lot Size
0.5AC
Year Built
2025
Listing Contacts
More property details
Occupancy
100%
Tenancy
Single Tenant
Currently Leased
No
No of Buildings
1
No of Stories
1
Location
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Starbucks - QSR/Fast Food
About the location
Starbucks has committed to a fresh 10-year lease, with two additional 5-year extension options, signaling a strong dedication to this location. The lease includes robust 10% rent increases every five years across both the initial term and extensions, ensuring steady income growth and protection against inflation. Starbucks (NASDAQ: SBUX), founded in 1971, remains a global leader with a market cap of over $97.3 billion and more than $36.2 billion in annual revenue in 2024.