301 Sierra St Kingsburg, CA 93631

This exceptional investment opportunity presents a newly renovated, freestanding Starbucks drive-thru in Kingsburg, CA. Located on Sierra Street (13,600+ CPD) with convenient access to Highway 99 (69,700+ CPD), this 3,213 square foot property boasts a strong location adjacent to a large T-Mobile Customer Experience Center (approx. 1,200 employees). The property features a 10-year NNN lease (commencing September 1, 2024, and expiring August 31, 2034) with rent bumps, providing a secure, long-term investment. The asking price is $3,000,000, representing a 5.00% cap rate and a $934 per square foot price. Built in 1993 and completely renovated in 2024, this 0.55-acre lot offers a corporate-guaranteed lease with Starbucks, a nationally recognized brand with a significant market presence. The property's strong location, coupled with the long-term lease and corporate guarantee, makes this an attractive investment opportunity with a projected NOI of $150,000. The tenant's recent investment in the site and the strategic location adjacent to a major employer further enhance the property's value and potential for long-term growth.