1740 Centinela Ave - Freestanding FOR SALE
Inglewood, CA 90302 |
1740 Centinela Ave
Inglewood, CA 90302
HIGHLIGHTS
- 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.
FOR SALE DETAILS
PRICE
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CAP RATE
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% LEASED
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TENANCY
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BUILDING DETAILS
PROPERTY NAME
Starbucks | Abs NNN Lse | I/O Financing Avail
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
ADD'L SUBTYPES
Fast Food, Restaurant, Storefront
TOTAL BUILDING SIZE
880
STORIES
1
YEAR BUILT
2017
SPRINKLERS
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PARKING SPACES
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LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
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APN/PARCEL ID
4001-020-033
