19 Year Operating History | Drive Thru Signalized Intersection

Essential CRE is pleased to present the opportunity to acquire the fee simple interest in the Starbucks located at 5149 Manzanita Avenue in Sacramento (Carmichael), CA. The subject property is 1,706 square feet, resides on .62 acres of land, was built in 2006 and is an outparcel to a very busy daily needs strip center. Starbucks benefits from excellent exposure and access off of Manzanita and Madison Avenues (signalized intersection) and features drive thru access. Starbucks benefits from its immediate proximity to The Home Depot, Walmart Neighborhood Market, Ross, PetSmart, Carl's Jr, Arby's, KFC, Sizzler, ARCO ampm, Sinclair and DaVita Dialysis.

National Credit Tenant (NASDAQ: SBUX) with Strong Historical Occupancy - 19 Years
NNN Lease with 3 Years Remaining; Three, 5-Year Options with 13% Increases at Options
High-Visibility Drive-Thru Location with Excellent Access and Exposure off of Manzanita and Madison Avenues - 54,600 VPD.
Strategically Positioned in Dense Retail-Commercial Trade Area in Thriving Sacramento Suburb, Carmichael - $100,627 AHI in 3 Mile Radius

Carmichael is a suburban community located in Sacramento County, California. It’s situated in the northern part of the Sacramento metropolitan area, just a few miles from downtown Sacramento. Carmichael has a diverse population and is known for its suburban charm. The area features a mix of single-family homes, schools, and parks. It tends to attract families and professionals who appreciate a quieter environment compared to the bustling city center of Sacramento. Carmichael has a range of local amenities, including shopping centers, restaurants, and recreational facilities. The community has a blend of small businesses and larger retail options. While Carmichael is primarily a residential area, it’s well-connected to the broader Sacramento region. Major roads and highways, like Interstate 80, provide convenient access to other parts of Sacramento County and beyond.