MULTI-TENANT PAD | DRIVE-THRU SBUX | BAY AREA 1269 California Ave

Faris Lee Investments is pleased to present the rare opportunity to acquire the fee simple interest in a five-tenant, drive-thru Starbucks-anchored investment property in the city of Pittsburg, California. Starbucks, the largest coffee QSR brand in the world, has operated successfully at this Bay Area MSA location since 2003. The remaining tenant mix includes various daily needs and food uses, all complementary to the anchor tenant, Starbucks. This property has minimal landlord responsibilities, making it an ideal investment opportunity for passive investors. Additionally, there is a 1,400-square-foot end-cap vacancy, which presents a potential value-add scenario for an investor.
The freestanding parcel has exceptional frontage on California Avenue and unobstructed access to the prominent Bay Area/Central Valley traffic corridor, California Highway 4, which sees 134,000 vehicles per day. This highway connects major California cities and suburbs surrounding San Francisco, Oakland, Stockton, and more. There are over 144,900 residents within a 5-mile radius of the property and 65,500 daytime employees. This investment property offers a unique opportunity to acquire a drive-thru-anchored strip center in the affluent and densely populated San Francisco Bay Area MSA, the nation’s 4th largest economy.