Downtown Martinez Retail/Office w/ Starbucks 700-712 Main St
12,191 SF 100% Leased Retail Building Martinez, CA 94553 $2,925,000 ($239.93/SF) 5.33% Cap Rate
INVESTMENT HIGHLIGHTS
- Attractive historical building in the heart of downtown Martinez
- Potential ability to convert second floor to residential
- Welcoming creek-side setting with ample outdoor seating
- High quality “anchor” tenant in Starbucks
- Flexible owner user opportunity with ability to occupy all or of the 2nd floor
EXECUTIVE SUMMARY
The City Hall building presents buyers with the flexibility to A) occupy all or a portion of the second floor B) retain the current tenants and hold the Property as an investment or C) potentially convert the second floor back to multi-family residential.
PROPERTY FACTS
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- Oriole Law Group
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- Health Care and Social Assistance
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RES SUCCESS programs are designed to achieve the individual aspirations of each participant, providing participants the opportunity to become productive members of the community and local social network. Through community integration and education, participants gain a level of independence and self-worth, thus contributing to self-satisfaction in personal and social endeavors throughout all aspects of their lives. The program operates on the principals of meaningful activities that are goal oriented and purpose based.
- Rob's Zombies
- Accommodation and Food Services
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- Accommodation and Food Services
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Since 1971, Starbucks Coffee Company has been committed to ethically sourcing and roasting high-quality arabica coffee. Today, with stores around the globe, the Company is the premier roaster and retailer of specialty coffee in the world. Through their unwavering commitment to excellence and their guiding principles, they bring the unique Starbucks Experience to life for every customer through every cup.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| Oriole Law Group | - | - | - | - | ||
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Health Care and Social Assistance | - | - | - | ||
| Rob's Zombies | Accommodation and Food Services | - | - | - | ||
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Accommodation and Food Services | - | - | - |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 373-193-006-5 | Improvements Assessment | $530,865 |
| Land Assessment | $134,089 | Total Assessment | $664,954 |
