B+E, a brokerage and technology platform for net lease real estate, announced the listing of the Amy’s Drive Thru property located at 58 Golf Course Drive, Rohnert Park, California for $7,370,000.
The NNN property is +/- 4,098 square feet and sits on +/- 2.24 acres of land with parking and is listed at an initial cap rate of 4.75%. This is a brand new, 20-year sale-leaseback with rent escalations of 2% every year.
“Amy's Drive Thru is a quick-service restaurant concept by Amy's Kitchen Inc., a well-recognized brand in the frozen food and entree industry, ranking 4th in total sales within the frozen foods sector,” says Spencer Henderson with B+E.
The property is less than 50 miles from downtown San Francisco on U.S. Hwy 101, with daily traffic counts of +/- 125,000 and the main commuter route to and from major Bay Area cities. The property is less than two miles from the new SMART train connecting the Bay Area with over 70 miles of rail, less than a mile away from the Marmot Corporate headquarters and a Kaiser Medical Office Center, and approximately two miles from Sonoma State University, with a total enrollment of approximately 8,500 students.