STARBUCKS 3241 N Figueroa St

Investment Highlights

Situated on the hard signalized corner at Cypress Ave and N Figueroa St, this Starbucks has exceptional visibility Originally signed with a rare 15-year initial term, Starbucks? commitment to this location shows its confidence in the site?s potential. With over 16,000 SF of land and 22 parking spaces, this property offers abundant space for customers Grandfathered in with a drive-thru, this Starbucks has an advantage due to the inability to develop or redevelop Drive-Thru?s Built in 2018, the property features indoor and outdoor patio seating. Positioned in the highly desirable Los Angeles real estate market, this trophy property presents a rare investment opportunity

Executive Summary

Broker of RecordDavid HarringtonLicense No. 02168060 (CA)(866) 889-0550Matthews Real Estate Investment Services2321 Rosecrans Ave.,Suite 1225, El Segundo, CA 90245

• Sale Type    Investment
• Property Type    Retail
• Property Subtype    Fast Food
• Building Size    1,964
• Building Class    B
• Year Built    2018
• Price    6,531,250
• Price Per SF    3,325
• Cap Rate    4
• NOI    261,250
• Tenancy    Single
• Building Height    1 Story
• Building FAR    0.12
• Land Acres    0.37 AC
• Opportunity Zone    Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

• Bus Line
• Pylon Sign
• Signalized Intersection
• Drive Thru