Freestanding For Sale • 880 SF
Starbucks Overview: Largest global coffee retailer with a $111 billion market cap and $36 billion revenue in 2023. |
Lease Details: 13+ years remaining, 10% rent increases every 5 years, Absolute NNN lease with no landlord responsibilities. |
FMV Rent Option: Rare provision for 10%-30% rent increases upon lease renewal. |
Drive-Thru Model: Highly profitable; drive-thru stores generate ~50% more revenue. |
Trade Area: High household incomes and large population base. |
Location: Less than 1/4 mile from 405 Fwy, busiest freeway in US, ideal convenience oriented location for commuters to and from the freeway |
Airport | Drive | Walk | Distance |
---|---|---|---|
Los Angeles International | 9 min | - | 4.0 mi |
Bob Hope | 34 min | - | 18.2 mi |
Long Beach (Daugherty Field) | 27 min | - | 20.5 mi |
Parking Available: | Yes |
Reserved: | No |
Type: | Surface |
Included in Rent: | Yes |