Starbucks Two Tenant Retail 8200 El Dorado Hills Boulevard, El Dorado Hills, CA Cap Rate 4.5%

Cap Rate: 4.5%
NOI: $266,700
Building Size: 4,995 sqft
Lot Area: 0.96 acres
Occupancy: 100%
Class: A
Tenancy: Multiple
Year Built: 2020
Zoning: CP Zoning

DESCRIPTION
LOGIC Commercial Real Estate is pleased to exclusively offer for sale 8200 El Dorado Hills Blvd., a Starbucks anchored new construction +/- 4,995 SF two-tenant retail building located within The Shops at El Dorado Hills. The asset is shadow anchored by Walgreens Pharmacy and Kelly-Moore Paints and located adjacent to a strong performing Raley’s grocer. Built in November of 2020, the asset is situated on a +/- 0.96 AC parcel at the northwest corner of El Dorado Hills Blvd. (+/- 22,337 CPD) and Saratoga Way/Latrobe Blvd. (+/- 25,970 CPD) within a high growth, upper demographic trade area in Northern California.

The Shops are set among an atmosphere of plaza fountains and outdoor dining terraces servicing highly affluent neighborhoods such as Serrano, Bass Lake Hills, Sienna Ridge, Folsom Ranch, and the Village of Marble Valley. The asset boasts strong visibility and easy access from nearby Hwy 50 (+/- 100,000 CPD) while servicing +/- 111,397 residents within a 5-mile radius with an average household income of +/- $158,392 and median home value in excess of +/- $630,000.

HIGHLIGHTS
• Rare Purchase Opportunity within the El Dorado Hills Trade Area
• New 10-Year Leases in Place
• Investment Grade Credit | Corporate Lease - NASDAQ: SBUX
• Pride of Ownership - New Construction Class A Building
• Generation Real Estate That Benefits From Strong Traffic Counts
• Co-Tenants Within the Development Include Walgreens and Kelly-Moore Paints

For more information:
Javier Tamez Martínez.
jtamez@bai-mex.com
Celular: +52 (81) 1599 75 36
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