2910 S Milliken Ave - Freestanding FOR SALE


Ontario, CA 91761
$3,100,000 USD
949-769-4855
2910 S Milliken Ave, Ontario, CA for Sale
$3,100,000 USD
Freestanding - FOR SALE
1/6
null | 5% Cap Rate

2910 S Milliken Ave
Ontario, CA 91761


HIGHLIGHTS

  • Dominant International Brand, Corporate Tenancy
  • Recent Build-to-Suit Construction – Starbucks opened October 2023, on a new 10-year lease
  • Complimentary Surrounding Tenants – Located alongside national tenants including 7-Eleven, with Jack in the Box & Del Taco opening in mid-2025

OVERVIEW

* Dominant International Brand, Corporate Tenancy – Starbucks (Nasdaq: SBUX) is the largest specialty coffee and tea retailer in the U.S., operating over 38,000 locations across 84 countries. With a market capitalization exceeding $105 billion and 2024 revenue of $36 billion, the company maintains an investment-grade credit rating of BBB+ from S&P * Recent Build-to-Suit Construction – Starbucks opened October 2023, on a new 10-year lease (February 2034 expiration) with four additional 5-year options to renew, demonstrating the tenant’s desire for this location * Complimentary Surrounding Tenants – Starbucks is strategically located alongside national tenants including 7-Eleven, which opened in August 2024, along with Jack in the Box and Del Taco, both scheduled to open mid-2025, creating a point-of-destination retail location for residents, employees and travelers alike * Strong Daytime Population – With over 116 million SF of industrial and a daytime population of 76,624 within a 3-mile radius, the property benefits from its location in a thriving industrial market with a large customer base * Major Industrial Hub – Ontario serves as a major logistics and distribution hub, home to over 240 logistics companies, including industry leaders like Amazon, Nike, and VF Corp. The city boasts the highest concentration of warehouse space in the Inland Empire and ranks among the largest in the United States *Ontario International Airport (ONT): located only a 10-minute drive away and the 9th-busiest airport in the US by cargo carried

FOR SALE DETAILS

PRICE

$3,100,000 USD

PRICE/SF

$1,240 USD /SF

CAP RATE

5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Starbucks at The Vine

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2023

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.19 AC

LAND SF

51,873 SF

ZONING

CC

APN/PARCEL ID

1083-361-23

ASK ABOUT THIS PROPERTY

949-769-4855

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949-769-4855

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.