Freestanding For Sale • 880 SF
| Starbucks Overview: Largest global coffee retailer with a $111 billion market cap and $36 billion revenue in 2023. |
| Lease Details: 13+ years remaining, 10% rent increases every 5 years, Absolute NNN lease with no landlord responsibilities. |
| Starbucks market capitalization recently increased by $20B |
| FMV Rent Option: Rare provision for 10%-30% rent increases upon lease renewal. |
| Drive-Thru Model: Highly profitable; drive-thru stores generate ~50% more revenue. |
| Trade Area: $116,853 AHHI within 1 mile radius and large population base. |
| Airport | Drive | Walk | Distance |
|---|---|---|---|
| Los Angeles International | 9 min | - | 4.0 mi |
| Bob Hope | 35 min | - | 18.2 mi |
| Long Beach (Daugherty Field) | 27 min | - | 20.5 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Type: | Surface |
| Included in Rent: | Yes |