Capital Pacific recently sold a Starbucks located in Hercules, CA. The Buyer was an all-cash 1031 California exchange Buyer out of San Francisco, represented by a broker that Capital Pacific has worked with in the past.

Our team worked cooperatively with the Buyer’s broker and lawyer to overcome hurdles during escrow to complete the sale. The property was listed at a 6.0% cap rate and closed at an aggressive 6.10 % cap rate.