Highlights
• Five-tenant investment property anchored by a drive-thru Starbucks (NYSE: SBUX). • Prime location adjacent to a major California highway with approximately 134,000 vehicles per day (VPD) and convenient on/off ramp access. • Large, freestanding parcel featuring a drive-thru lane and ample parking. • Starbucks has operated at this location for over 20 years, demonstrating long-term stability. • Situated in the East Bay region, a suburb of the San Francisco Bay Area. • Offered below replacement cost, providing a compelling investment opportunity.
Description
Faris Lee Investments proudly offers a rare chance to acquire the fee simple interest in a five-tenant, drive-thru retail property anchored by Starbucks in Pittsburg, California. Starbucks, the world’s leading coffee quick-service brand, has been a successful tenant at this Bay Area location since 2003. The remaining tenants consist of daily-needs and food-oriented businesses that complement Starbucks, while the property’s low-maintenance structure makes it well-suited for passive investors. Additionally, a 1,400-square-foot end-cap space is currently vacant, providing an opportunity for value-add potential. The standalone parcel features excellent visibility and access from California Avenue and benefits from its proximity to California Highway 4, a major Bay Area and Central Valley thoroughfare with traffic counts exceeding 134,000 vehicles per day. Situated within a dense trade area of over 144,900 residents and 65,500 daytime employees in a five-mile radius, the property represents a prime opportunity to invest in a drive-thru-anchored retail center within the highly affluent and economically strong San Francisco Bay Area MSA—the nation’s fourth-largest economy.
Listing Details
- Cap Rate
6.25%
- Tenancy
Multi
- Space Type
retail
- Sub Category
fast-food
- Sale Type
Investment Sale
- Date Listed
10/24/2025
- Broker/Agent Co-op
Yes
- Investment Type
Net Lease
- Net Operating Income
$155,987
- Brand Info
Starbucks
- Ground Lease
No
- Parking Info
28 Spaces (4.67 Spaces per 1,000 SF Leased)
- Building FAR
0.17
Property Specifics
- Property Name
1269 California Ave
- Property Class
B
- No of Buildings
1
- No of Stories
1
- Year Built
2003
- Building Size
6,000 SF
- Lot Size
0.83 AC
- APN
073-190-030-4
- Zoning
CS-O
- Occupancy
100%