Starbucks Building with Double
For Sale
Contact for pricing
Pending
1600 Challenge Way, Sacramento, CA 95815
New 2018-built Starbucks with a double drive-through, backed by a 10-year lease featuring periodic 10% increases.
Property SizeContact for details
Days on Market149
Property Features for 1600 Challenge Way
General Information
Standard status
Pending
Property subtype
Retail
Additional Details
Highway Access
Yes
Building Details
Year Built
2018
Tenancy
Single
Listing Agency:
CBRE - Sacramento
Listed By:
Rick Martinez · License #CA 00991459
Source:
Crexi
Added: Apr 10
Changed: Aug 26
Last Checked: Aug 31 at 11:14PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CBRE - Sacramento
Investment Insights
Based on property information with market context.
A newly completed 2018 Starbucks high-identity building featuring a double drive-through configuration. The property is occupied by Starbucks under a 10-year term with 10% increases every five years. The tenant is described as having an S&P credit rating of BBB+.
Located in the Arden Fair Mall retail area of Sacramento, the site offers reciprocal access and parking with the adjacent Point West Shopping Center, anchored by Kohl’s, Hobby Lobby, Petco, Old Navy, and Pier 1 Imports. The property is across from the California Exposition & State Fairground, which hosts hundreds of events each year, including the CA State Fair, Sacramento County Fair, concerts, and sporting events such as Sac Republic soccer games, rodeos, and horse racing, with more than 3 million visitors annually. Access is noted via Business 80 and Highway 160, with surrounding office and healthcare employment including Kaiser Permanente Medical Offices.
Within a 3-mile radius, the area is described as having 140,000 residents and 86,000 employees, and within a 5-minute drive-time, 24,902 residents and 29,271 employees.
Located in the Arden Fair Mall retail area of Sacramento, the site offers reciprocal access and parking with the adjacent Point West Shopping Center, anchored by Kohl’s, Hobby Lobby, Petco, Old Navy, and Pier 1 Imports. The property is across from the California Exposition & State Fairground, which hosts hundreds of events each year, including the CA State Fair, Sacramento County Fair, concerts, and sporting events such as Sac Republic soccer games, rodeos, and horse racing, with more than 3 million visitors annually. Access is noted via Business 80 and Highway 160, with surrounding office and healthcare employment including Kaiser Permanente Medical Offices.
Within a 3-mile radius, the area is described as having 140,000 residents and 86,000 employees, and within a 5-minute drive-time, 24,902 residents and 29,271 employees.
Key Highlights
- Starbucks built in 2018 with a double drive‑through.
- 10‑year lease includes periodic 10% increases every 5 years.
- Tenant is Starbucks; described as S&P BBB+ credit rating.
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,164
Businesses Nearby
847k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 30%
Apparel 29%
Dining 27%
Leisure 9%
Macy's
Apparel
155,826 visits/mo
0.3 miles
Cinemark Century Arden 14 and XD
Leisure
75,892 visits/mo
0.5 miles
In-N-Out Burger
Dining
75,220 visits/mo
0.4 miles
Hobby Lobby
Shops & Services
56,655 visits/mo
0.0 miles
JCPenney
Apparel
46,947 visits/mo
0.4 miles
Demographics for 95815, CA
27,838
Population
10,527
Households
2.6
Avg Household Size
34
Median Age
17%
College-Educated
79%
High-School Grad
7.7 sq mi
ZIP Area
3,615
Density / Sq Mi
$58,590
Median Household Income
$37,199
Median Earnings
$1,448
Median Rent
$298,400
Median Home Value
Market
Vacancy Rate% for Retail in Sacramento, CA
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Similar Off Market Nearby
- Cal Expo, Sacramento — 1600 Exposition Blvd, Sacramento, CA 95815
- Arden Howe Plaza — 1566-1612 Howe Ave, Sacramento, CA 95825
- Point West Plaza — HHWG+J4, Sacramento, CA 95815
- Howe Bout Arden — 2100 Arden Wy, Sacramento, CA 95825
- Market Square at Arden Fair — 1735 Arden Wy, Sacramento, CA 95815
Frequently Asked Questions
What type of property is this?
Shopping center - New 2018-built Starbucks with a double drive-through, backed by a 10-year lease featuring periodic 10% increases.
Where is this shopping center located?
The property is located at 1600 Challenge Way Sacramento, CA.
What are key features of this property?
This property features: Starbucks built in 2018 with a double drive‑through.; 10‑year lease includes periodic 10% increases every 5 years.; Tenant is Starbucks; described as S&P BBB+ credit rating.
