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111 San Felipe Rd
Hollister, CA 95023

$3,480,000 USD

Restaurant For Sale  •  2,200 SF

Property Details

  • Property Type Restaurant
  • Total Building Size 2,192 SF
  • Lot Size 0.74 AC
  • Building Class C
  • Year Built 1977
  • Cap Rate 5.00 %
  • Tenancy Single
  • Zoning AP
20 Transit Score
87 Walk Score

Highlights

CORPORATE GUARANTEE – The property is operated by Starbucks corporate and is backed by a full corporate guarantee, providing strong credit tenancy.
OUTPERFORMING RETAIL LOCATION – Ranked in the top 94th percentile nationwide, top 89th percentile statewide, and top store within 15-mile radius.
STRONG RENT GROWTH – The lease includes a 10% rent increase effective March 2027, immediately boosting cash flow.
FAVORABLE DRIVE-THRU FORMAT – Average Starbucks store sales are approximately 50% higher at locations that include a drive-thru component.
MARKET-DOMINANT COFFEE CHAIN – Starbucks is the world’s largest coffeehouse chain, operating approximately 40,000 locations across 84 countries.
HIGH-TRAFFIC AREA – The subject property benefits from excellent visibility along San Felipe Rd, a major arterial roadway with 18,000+ VPD.

Property Flyers

Cap Rate: 5.00 %

Major Tenants

Tenant SF Occupied Lease End Date
Starbucks 2,192 SF 2/29/2032

Amenities

  • Pylon Sign
  • Signage

Public Transportation

AirportDriveWalkDistance
Monterey Regional 54 min - 41.5 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
Adrian Stepien 714-849-5947 Prime Net Lease
Adrian Stepien 714-849-5947 Prime Net Lease