Starbucks 14170 Crenshaw Blvd

Investment Highlights

Optimal 1031-exchange Net-lease investment featuring Corporate Guarantee at the PRIME INTERSECTION with multiple entrances for maximum accessibility Prominent Corner Placement on Major Retail Thoroughfare: Strategically situated at the intersection of Rosecrans Ave. and Crenshaw Blvd., witnessing s Minimal Landlord Obligations: Starbucks shoulders the bulk of expenses and upkeep, encompassing taxes, insurance, CAMs, utilities, as well as roof and Newly Constructed Starbucks Drive-Thru: Erected in 2018, strategically positioned in the Gardena (Los Angeles) Submarket with robust barriers to entry Supplementary Revenue Source via Billboard: Landlord stands to gain an extra $2,160 annually from the billboard tenant. Fresh 10-Year Corporate Guaranteed Lease with No Premature Termination Clause: Secured by Starbucks, Inc.'s corporate guarantee (S&P; rated "A-"), boa

Executive Summary

• Sale Type    Investment
• Sale Condition    1031 Exchange
• Property Type    Retail
• Property Subtype    Fast Food Fast Food General Retail Freestanding General Retail Restaurant Fast Food
• Building Size    2,277
• Building Class    B
• Year Built    2018
• Price    4,590,000
• Price Per SF    2,016
• Cap Rate    4.48
• NOI    205,660
• Tenancy    Single
• Building Height    1 Story
• Building FAR    0.12
• Land Acres    0.44 AC

• Restaurant
• Tenant Controlled HVAC
• Drive Thru