Starbucks Building with Double
1600 Challenge Way Sacramento, CA 95815
1600 Challenge Way, Sacramento, CA, 95815
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For Sale
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Pending
New 2018-built Starbucks with a double drive-through, backed by a 10-year lease featuring periodic 10% increases.
Days on Market103
Property Features for 1600 Challenge Way
General Information
- Standard status
- Pending
- Property subtype
- Retail
Listing agency
CBRE - Sacramento
Listed by
Rick Martinez · License #CA 00991459
Source
Crexi
Added: Apr 10 Updated: Jul 20 at 9:57PM Checked: Jul 20 at 9:57PM
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
Location Intelligence
Current Use by Public Records
Starbucks
Cafe & Coffee Shop
Similar For Sale Nearby
Similar Off Market Nearby
- Cal Expo, Sacramento — 1600 Exposition Blvd, Sacramento, CA 95815
- Howe Bout Arden — 2100 Arden Wy, Sacramento, CA 95825
- Arden Howe Plaza — 1566-1612 Howe Ave, Sacramento, CA 95825
- Market Square at Arden Fair — 1735 Arden Wy, Sacramento, CA 95815
- Point West Plaza — HHWG+J4, Sacramento, CA 95815
FAQs
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.
