Starbucks Drive Thru | Near I-210 | 10 Yr Lse 710 S Azusa Ave

710 S Ave , Azusa, California, 91702 | 1,055 sq.f | $ 5,000,000

Card image
Card image
Card image

About This Restaurant

Investment Highlights

Credit Income Stream From Starbucks Corporation | #1 World?s Most Valuable Restaurant Brand | Best in Class Coffee Rare Self-Maintaining Lease Strategic Location ? Mile from Interstate 210 (251,900 VPD) Long-Term 10 Year Lease With 10% Rent Increases Every 5 Years Ideal Drive-Thru Only Concept Gaining Traction in the QSR Industry As Customer Dining Habits Change Prime San Gabriel Valley Location on Azusa Avenue | 48,900 VPD at Hard Corner Intersection

Executive Summary

PLEASE CLICK LINK BELOW OR EMAIL AGENT FOR BROCHUREFaris Lee Investments presents an exceptional opportunity to acquire a newly constructed, single-tenant, triple-net leased Starbucks Drive Thru investment in the thriving San Gabriel Valley. With over 35,000 locations worldwide, Starbucks stands as the #1 World?s Most Valuable Restaurant Brand (QSR Magazine). This prime investment features a new 10-year lease term with 10% rent increases every 5 years, backed by a publicly-traded company that reported a revenue of $35.97 billion in the most recent fiscal year, an 11% increase from the prior year, showcasing strong financial backing and tenant commitment. Starbucks pioneered the drive thru only concept and now with customer dining habits changing so quickly with many customers only using the drive thru, many QSR behemoths like McDonald?s are following suit.Strategically situated on Azusa Avenue, a major north/south street corridor intersecting all three east/west freeways in the San Gabriel Valley, Starbucks benefits from high traffic counts of 48,900 vehicles per day. A very unique aspect of this location is that it places Starbucks on the ?drive to work? side of the street as customers approach Interstate 210 (251,900 VPD) enabling Starbucks to accomplish a primary goal of being the ?first cup of the day? for its customers. Furthermore, this Starbucks Drive Thru is the only one in the immediate area, situated in a center-of-town shopping destination featuring prominent retailers such as Walmart, Home Depot, Aldi, and more, ensuring a steady flow of foot traffic and customer demand. With its unparalleled location, strong tenant backing, and favorable lease terms, this investment opportunity presents a rare chance to secure a high-performing asset in a dynamic market.

Property Details

  • Sale Type    Investment NNN
  • Property Type    Retail
  • Property Subtype    Fast Food Fast Food General Retail Freestanding General Retail Storefront Fast Food
  • Building Size    1,055
  • Building Class    A
  • LoopNet Rating    4 Star
  • Year Built    2024
  • Price    5,000,000
  • Price Per SF    4,739
  • Cap Rate    4
  • NOI    200,000
  • Tenancy    Single
  • Building Height    1 Story
  • Building FAR    0.07
  • Land Acres    0.35 AC

Nearby Amenities & Transportation

Retail Waba Grill
Retail Outback Steakhouse
Retail Starbucks
Retail Planet Fitness
Retail Sky Zone
Retail ALDI
Retail Rent-A-Center
Retail SmartStop Self Storage
Retail Jack In The Box
Retail Alberto's Mexican Food

Property Taxes

Parcel Number 8621-024-012 Improvements Assessment $900,000
Land Assessment $0 Total Assessment $900,000
Date Created: 2024-07-16 04:09:24 Last Updated: 2024-07-16 04:09:24
Address: 710 S Ave , Azusa, California, 91702