Starbucks New Construction Net lease Investment | El Monte, CA
Project: Video Tour
Client: CBRE
Tenant: Starbucks
Location: El Monte, CA
Description: Single tenant property video tour + property photography (drone/ground)
Contact us for your next Real Estate Video/Photo project. [email protected]
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For Sale: Starbucks New Construction Net lease Investment | El Monte, CA
Ideal 1031-Exchange Net-Lease Investment with Corporate Guarantee
Brand New Construction Starbucks Drive-Thru – 2018 Construction in High Barriers to Entry San Gabriel Valley (Los Angeles) Submarket
New 10 year Corporate Guaranteed Lease with No Early Kick-Outs – Corporate Guarantee from Starbucks, Inc. (S&P: “A-“ Credit Rating) with Over 9.5 Years Remaining
Limited Landlord Responsibilities – Starbucks is Responsible for Most Expenses and Maintenance. The Landlord’s Responsibilities of Roof and Structure is Mitigated by a New 15-Year Roof Warranty
Strong Inflation Hedge – The Initial Term and Options have 10% Rent Increases Every 5 Years
Desirable Drive Through Permit – Coffee and Quick-Serve Restaurants Derive the Majority of Their Sales Through Drive-Thrus. Starbucks New Store Prototypes Include Drive-Thru Only
Highly Strategic and Desirable Real Estate Location in San Gabriel Valley
Hard Corner Lot Location with High Traffic – Sits at the Signalized Intersection of Garvey Ave. and Santa Anita Ave. with Exceptional Traffic Counts Exceeding 52,000 VPD
“Going to Work” Side of Street – Starbucks is Located at the Northeast Corner on the Way to Access the Garvey Ave. On-Ramp to the 10 Freeway
High Barriers to Entry Location – Starbucks is the Only Coffee Drive-Thru in a 2-Mile Radius
Excellent Visibility and Access – Driveway Access from Both Garvey Ave. and Santa Anita Allow Easy Customer Access
Extremely High Barriers to Entry Location – Infill Location with Over 226,000 People with Average Household Income Exceeding $71,000 in 3-Mile Radius
Excellent Retail Synergy – Nearby Multiple Schools and Retailers Which Drives Customer Traffic
IF YOU LIKE MORE INFO PLEASE
CONTACT THE BROKERS BELOW:
ALEX KOZAKOV
Senior Vice President
Lic. 01416489
[email protected]
PATRICK WADE
Senior Vice President
Lic. 01454690
[email protected]
MATTHEW GREENBERG
Associate
Lic. 01968717
[email protected]
JONATHAN FARASAT
Associate
Lic. 02027371
[email protected]