For Sale / Sold
Retail Properties

STARBUCK'S NNN RETAIL CENTER

•    Closed March 6, 2020
•    Purchase Price: $2,990,000
•    Financing: Cash to seller
•    $565 per square foot
•    5.50% cap rate
•    Mark Hinkins represented Buyer in multi property 1031X
•    +5,287 Square Feet with 3 tenants on NNN leases
•    Tenants - Starbucks, nail salon and cleaners
•    Separately metered units
•    Starbucks on a new 10 year lease, with renovation planned
•    Strong demographics with 18,974 population and Average

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