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2302 N Garey Ave
Pomona, CA 91767 Pomona

$4,785,000 USD

Fast Food For Sale  •  1,650 SF

Property Details

  • Property Type Fast Food
  • Total Building Size 1,650 SF
  • Lot Size 0.38 AC
  • Building Class B
  • Year Built 1977
  • Cap Rate 4.85 %
  • Tenancy Single
  • Zoning C-4, Pomona
44 Transit Score
72 Walk Score

Highlights

Single-Tenant Corporate Starbucks Café and Drive-Thru (NASDAQ: SBUX; S&P: BBB+)
Rare 15-Year Primary Lease Term With no Early Termination Right; 10% Rental Increases Every 5 Years During the Primary Term
1,650 Square-Foot Café With Drive-Thru
One of the “World’s Most Admired Companies” by Fortune (2009-2024)
Claremont Colleges: 8,500 students and 4,300 teachers and employees
High Barriers to Entry Location; Drive-Thru Prohibition Area
Cap Rate: 4.85 %

Major Tenants

Tenant SF Occupied Lease End Date
Starbucks 6/30/2039

Amenities

  • Signalized Intersection
  • Drive Thru
  • Monument Signage

Public Transportation

Commuter RailDriveWalkDistance
Pomona (North) (San Bernardino Line - Southern California Regional Rail Authority (Metrolink)) 2 min 9 min 0.5 mi
Claremont (San Bernardino Line - Southern California Regional Rail Authority (Metrolink)) 5 min - 2.4 mi
AirportDriveWalkDistance
Ontario International 16 min - 10.8 mi
John Wayne/Orange County 44 min - 35.5 mi
Long Beach (Daugherty Field) 51 min - 39.5 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 17
Type: Surface
Included in Rent: Yes
Bill Asher 844-585-7684 Hanley Investment Group
Bill Asher 844-585-7684 Hanley Investment Group