Investment Highlights
Single Tenant Triplet Net Starbucks with Drive-thru. Average Starbucks store sales are approx. 50% greater in locations that have drive-thru
San Jacinto?s major commercial and retail corridor. Next to other national retailers
Limited landlord responsibilities: roof and structure only. 4+year remaining in initial term +three 5-year options. 10% rent escalation every 5 years
High traffic location. Situated at San Jacinto Ave (I-79) and Esplanade Ave. Signalized Intersection, pad to the Stater Bros.
Ranked #1 within 15 miles, #193 out of 1,773 in California, and #508 among 7,430 nationwide, according to Placer.ai, based on # of visits
Population growth area and strong demographics. Annual population growth rate is greater than state & nation
Executive Summary
KW Commercial is pleased to present the opportunity to acquire the fee simple interest in an NNN leased, corporate signed, investment grade (S&P: BBB+) Starbucks property with drive-thru located in San Jacinto, Southern California, 84 miles from Los Angeles. Average Starbucks store sales are approx. 50% greater in locations that have a drive-thru.Excellent location: ? Pad to the Stater Bros., which has operated at the site for over 25 years. Nearby national retailers include Walmart, Walgreen?s, Burger King, Chase Bank, Regal Theaters, Aldi, Stater Bros., Del Taco, Auto Zone, Habit El Pollo Loco, Wendy?s, and many more.? High Population Growth Area, Proximity to Daytime Workforce & High-Traffic Location. It is currently growing at a rate of 2.23% annually and its population has increased by 6.83% since the most recent census, which outpaced the state average significantly.This Starbucks property is ranked #1 within 15 miles, #193 out of 1,773 in California, and #508 among 7,430 nationwide, according to Placer.ai, based on # of visits
