8300 Elk Grove Florin Rd, Sacramento, CA

This property features a new 15-year corporate net lease to Starbucks. The location benefits from 10% scheduled rental escalations in the primary term and options. Construction is brand new as of 2025 and includes a drive-thru and outdoor patio. Starbucks drive-thru locations average approximately 50% higher sales volume compared to inline locations. The tenant is investment-grade, rated BBB+ by Standard & Poor's, and ranked #126 in Fortune 500 with a revenue of $36 billion and net income of $376 billion. Located within Promenade at Arbor Creek at a signalized intersection, the property offers multiple access points and prominent signage. Co-tenants include McDonald's, AutoZone, Western Dental, The Learning Experience, and Monty's Express Carwash. The property is situated in an affluent Sacramento suburb with high student traffic, with 26,000 students within 5 miles and 3 miles from Cosumnes River College with over 15,500 students and staff. The population within a 3-mile radius is 131,857 with an average household income of $119,032. It is less than 2.5 miles from CA-99 with 176,000 ADT and 5 miles from the new Capital SouthEast Connector, a 34-mile expressway project under construction and to be completed in 2035, which connects Elk Grove, Rancho Cordova, and Folsom, and 3 major highways (I-5, I-99, and US-50). The property is the closest drive-thru coffee to the WildHawk master-planned community and golf club, 13 miles from downtown Sacramento in the dense Elk Grove trade area, one of the fastest-growing areas in the country, within the Sacramento MSA with a population of over 2.4 million and a GDP of $161 billion. The property size is 2279 square feet.