Faris Lee Investments is pleased to present the unique opportunity to acquire a fee simple interest (land & building) in a single-tenant, freestanding, NNN leased, Starbucks drive-thru (“the Property”), located in Santa Ana, CA (Orange County). The tenant, Starbucks, is an industry titan with well over 40,000 locations globally and a market cap exceeding $127 billion, poising itself as the dominant coffee QSR operator. The Property consists of a corporate guarantee from Starbucks who currently has 5 years of initial term remaining, 4 (5-year) options to extend and no earlier termination clause. Additionally, the Property features 10% rental increases every 5 years furthering an investor’s return on investment & hedging against inflation. The lease structure is NNN too with property taxes, insurance, HVAC and common area expenses all passed through onto the tenant, providing an investor minimal responsibilities and passive income. The Property is strategically positioned on the freestanding hard corner of Grand Ave. and Fairhaven Ave., at the on/off ramps for the 22 Freeway. This provides exceptional exposure to over 200,000 vehicles per day and easy access for daily commuters, as the Property set on the “going to work” side of the avenue. Residing in the high barrier of entry Santa Ana submarket of Orange County, the Property benefits from extremely dense infill demographics with over 265,600 residents, 175,600 daytime employees and average household incomes exceeding $121,000 within a 3-mile radius. In conjunction, the Property is situated within 1.5 miles of Chapman University (9,900 annual students), and 1.2 miles of CHOC Hospital (250,000 annual patients) and 1.2 miles from St. Joseph’s Hospital (over 82,000 annual patients) adding to the Tenant’s consumer base.