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listing
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CommercialFor Sale
$2,870,000
338 E Main Street
Ripon, CA 95366
Courtesy of Compass
MLS: San Francisco MLS
1,550Sq Ft
Est. Mortgage
$14,914/mo

Starbucks Corporation was founded in Seattle, Washington in 1971. Starbucks is expanding its drive-thru format which produces as much as 50% more income then its older sites. Starbucks has over 38,000 locations, and S&P BBB+ rating,$36.5 billion in annual revenue and a market capitalization rate of $86 Billion. Starbucks Drive Thru built in 2018. 1550 square feet. Ten year lease + four 5 year options with 10% rent increase upon exercise of each option. Fronts State Highway 99 with 119,000+ average cars per day. Easy on/off freeway access. Sixty-five foot pylon sign. Ten car parking. Affluent demographics with $115,000 average annual income within a 3 mile radius. Within a mile of private and public schools, government offices, Mistlin Sports Park and Spring Creek Golf and Country Club. Ripon has easy access to California's major freeways. The San Francisco Bay Area is 80 miles west and Sacramento is 60 miles north. Stockton (home of University of the Pacific, Stockton Metropolitan Airport and the port of Stockton) is 10 miles to the north. Diverse Economy

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Listing Courtesy of Compass
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