Stanford Ranch - Starbucks 3091 Stanford Ranch Rd

6,497 SF 75% Leased Retail Building Rocklin, CA 95765 $3,186,000 ($490/SF) 7% Cap Rate

INVESTMENT HIGHLIGHTS

  • New Starbucks with drive-thru on 10-year Lease with no early termination
  • End cap 1,635 SF space currently available to lease
  • Starbucks is the world’s premier coffee company, with over 38,038 locations and $35.9 billion in annual revenue
  • Scheduled rental increases for both tenants, providing a passive long-term income generator
  • Seller will provide Credit to buyer at closing in the event the space is not leased prior to close of escrow
  • Per Statista, customers go to Starbucks six times per week on average

EXECUTIVE SUMMARY

This multi-tenant asset is located on a hard corner with excellent visibility and access to 31,851 combined vehicles per day at the Stanford Ranch Drive & Park Drive signalized intersection. The property is in a prime location within a major commuter corridor, with proximity to highly trafficked thoroughfares State Route 65/Roseville Bypass (117,400 AADT) and I-80 (166,300 AADT).
The site is in the heart of Stanford Ranch, a 4,000- acre master planned community featuring over 6,000 residential lots. The property is four miles from Thunder Valley Casino Resort, a 250,000-SF Las Vegas-style casino that welcomes 3.1 million guests annually and features over 3,400 slot and video machines, 100 table games, and a 17-story luxury hotel with 408 rooms.
The location is within walking distance from Rocklin High School (2,098 students) and near several higher-education institutions, such as Sierra College (18,000 students), and William Jessup University (1,165 students), which is ranked #2 Regional College of the West.
178,672 residents live within a five-mile radius of the property, a significant growth of 22% since 2010. Well, positioned in a high-income community with an average annual household income of $161,321 within one mile and is projected to increase more than 12% by 2028.
The location is a gateway to Sacramento the state Capital, and the sixth-most populous city in California (500,930 residents, visited by 4 million people annually). The site maintains beneficial proximity to several area airports including Sacramento International Airport, which served 12.9 million passengers in 2023.

PROPERTY FACTS

Sale Type
Investment NNN
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Bank
Building Size
6,497 SF
Building Class
B
Year Built/Renovated
2003/2023
Price
$3,186,000
Price Per SF
$490
Cap Rate
7%
NOI
$223,086
Percent Leased
75%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.17
Lot Size
0.88 AC
Parking
56 Spaces (8.62 Spaces per 1,000 SF Leased)
Frontage
272’ on Park Dr

AMENITIES

  • Pylon Sign
  • Signage
  • Drive Thru

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • POSITION
  • AVAILABLE
  • 1st Floor
  • 1,636 SF
  • Retail
  • End Cap
  • Now

Stanford Ranch visibility

Space Size Space Use Position Available
1st Floor 1,636 SF Retail End Cap Now

1st Floor

Size
1,636 SF
Space Use
Retail
Position
End Cap
Available
Now

NEARBY MAJOR RETAILERS

Anytime Fitness
Save Mart
Chase Bank
Bank of America
Mr. Pickle's Sandwich Shop
Safeway

PROPERTY TAXES

  • Listing ID: 32421394

  • Date on Market: 11/4/2024

  • Last Updated:

  • Address: 3091 Stanford Ranch Rd, Rocklin, CA 95765