Starbucks Strip Center

4055 Lake Rd,
West Sacramento, CA 95691

High Visibility Drive-Thru Location with 65' Monument Sign off Interstate 80

$3,800,000
Offering Price
$167,322
NOI
4.40%
Cap Rate
$779
Price Per SF
4,876
Building SF
Multiple
Tenancy
$3,800,000
Offering Price
$167,322
NOI
4.40%
Cap Rate
$779
Price Per SF
4,876
Building SF
Multiple
Tenancy

INVESTMENT OVERVIEW

  • Essential CRE and PDF Commercial are pleased to present the opportunity to acquire Lake Road Plaza, a Starbucks anchored strip center with drive-thru and 65’ monument sign located directly off Interstate 80 in West Sacramento, CA. The subject property is 4,876 square feet and is situated on .92 acres of land. Starbucks recently invested $500,000 in interior upgrades and improvements. All in-place rents are below market and the two restaurant tenants should be converted to full NNN leases upon expiration (LL pays for water & garbage). Surrounding retailers include 7-Eleven, Maverick, Dutch Bros, Cinnabon and Auntie Anne’s (coming soon). Lake Road Plaza benefits from an incredible highway commercial location surrounded by 20,000,000+ square feet of industrial and over 277,000 vehicles per day off Interstate 80.

INVESTMENT HIGHLIGHTS

  • Starbucks Anchored Strip Center with Drive Thru Located Directly off Interstate 80 with 65' Monument Sign
  • Starbucks Has Operated On-Site for 15 Years and Recently Invested $500,000 in Interior improvements
  • In-Place Rents Below Market with Upside in Converting Restaurant Tenants to Full NNN (LL Pays for Water & Garbage)
  • Gateway Location; Surrounding Retailers include 7-Eleven, Maverick Dutch Bros, Cinnabon and Auntie Anne's
  • Over 20,000+ Million Square Feet of Industrial in the Immediate Trade Area; 277,000 Vehicles Per Day on Interstate 80

Location Overview

  • Lake Road Plaza provides an exceptionally high traffic count (I-80 277,000 VPD) with outstanding monument signage (±65 feet high) and identity in a segment of the market that is underserved, particularly during daytime business hours. The surrounding business and industrial park which includes over 20,000,000 million square feet provide a captured customer base.
FOR MORE DETAILS CONTACT
Michael Cisternino
Managing Principal
(925) 388-0888
michael@essentialcre.com
CA 01708023, NV 1002492, ID PR59295
Nick Cole
Vice President of Investments
(925) 482-7044
nick@essentialcre.com
CA 01977282