Ripon CA Commercial for Sale
$2,870,000
338 E Main Street Ripon, CA 95366
- Type:
- Retail
- Sq.Ft.:
- 1,550
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.36 Acres
- Year built:
- 2018
- Baths:
- MLS#:
- 224056833
ADDITIONAL INFORMATION
Starbucks Corporation was founded in Seattle, Washington in 1971. Starbucks is expanding its drive-thru format which produces as much as 50% more income then its older sites. Starbucks has over 38,000 locations, and S&P BBB+ rating,$36.5 billion in annual revenue and a market capitalization rate of $86 Billion. Starbucks Drive Thru built in 2018. 1550 square feet. Ten year lease + four 5 year options with 10% rent increase upon exercise of each option. Fronts State Highway 99 with 119,000+ average cars per day. Easy on/off freeway access. Sixty-five foot pylon sign. Ten car parking. Affluent demographics with $115,000 average annual income within a 3 mile radius. Within a mile of private and public schools, government offices, Mistlin Sports Park and Spring Creek Golf and Country Club. Ripon has easy access to California's major freeways. The San Francisco Bay Area is 80 miles west and Sacramento is 60 miles north. Stockton (home of University of the Pacific, Stockton Metropolitan Airport and the port of Stockton) is 10 miles to the north. Diverse Economy
Barbara Lynn Simmons, License CALBRE 637579, Xome Inc., License CALBRE 1932600, [email protected], 844-400-XOME (9663), 2945 Townsgate Road, Suite 200, Westlake Village, CA 91361
Listings on this page identified as belonging to another listing firm are based upon data obtained from the SFAR MLS, which data is copyrighted by the San Francisco Association of REALTORS®, but is not warranted. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Ripon Real Estate
The median home value in Ripon, CA is $629,100. This is higher than the county median home value of $501,300. The national median home value is $338,100. The average price of homes sold in Ripon, CA is $629,100. Approximately 69.05% of Ripon homes are owned, compared to 28.83% rented, while 2.12% are vacant. Ripon real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Ripon real estate agent to arrange a tour today!
Ripon, California has a population of 15,961. Ripon is less family-centric than the surrounding county with 32.2% of the households containing married families with children. The county average for households married with children is 36.35%.
The median household income in Ripon, California is $102,633. The median household income for the surrounding county is $74,962 compared to the national median of $69,021. The median age of people living in Ripon is 40 years.
Ripon Weather
The average high temperature in July is 93.8 degrees, with an average low temperature in January of 38.2 degrees. The average rainfall is approximately 13.4 inches per year, with 0 inches of snow per year.