NNN Starbucks – Development

Santa Rosa, CA


Funding Purpose

Tauro Capital Advisors, Inc. was exclusively engaged to place 100% LTC financing for the acquisition and reposition of a US Bank building into a drive-thru Starbucks.

Property Description

Starbucks recently signed a NNN lease for the retail property located in a high-growth market.


The sponsor is a highly experienced real estate development firm located in Northern California with over 35 years and 30 projects under their belt.


  • The sponsor was looking for a development loan to build the Starbucks property to suit.


  • Funding was secured with a NNN lender that was able to loan at 100% LTC for the sponsor to complete construction and sell off the asset.


  • Loan-to-Value: 80%
  • Interest Rate: 11%
  • Recourse: Payment guarantee
  • Interest Only: 1 Year
  • Prepayment: No penalty

Managing Director  | Capital Advisor