New Starbucks & Quick Quack Car Wash FOR SALE


Carson, CA
$12,195,000 USD
310-906-3295
, Carson, CA for Sale
$12,195,000 USD
FOR SALE
1/8
null | 5.41% Cap Rate

New Starbucks & Quick Quack Car Wash
Carson, CA


HIGHLIGHTS

  • Price Reduced over $360,000 for Year End Sale
  • 10 Year Starbucks Lease & 20 Year Quick Quack Lease
  • Dense Los Angeles MSA
  • Signalized Intersection with ±44,000 Vehicles per day
  • Newly Constructed Two Pad Net Lease Investment

OVERVIEW

Price Reduced over $360,000 for Year End Sale. This rare two (2) pad net lease investment features Starbucks & Quick Quack Car Wash. These two industry leading tenants create a phenomenal "one-two punch" long term passive investment in one of the most dense infill submarkets in Los Angeles County. Starbucks Coffee & Quick Quack Car Wash NOI (YEAR 1) $660,000 INCREASES / OPTIONS Starbucks – 10% Increases / 5 Yrs | Four (4) Five (5) Yr Options Quick Quack – 10% Increases / 5 Yrs | Two (2) Five (5) Yr Options LEASE EXPIRATION Starbucks – 10 Years from Rent Commencement Date Quick Quack – 20 Years from Rent Commencement Date ORIGINAL COMMENCEMENT DATE Starbucks - (Pending - RCD = Opening For Business - Projected Q4 2024). Quick Quack - Lease Term Commenced 1/31/24, Rent Commenced 7/25/24. LEASE TYPE Starbucks – NNN Fee Simple (LL Roof & Structure) Quick Quack – Absolute NNN Fee Simple Ground Lease (Zero LL Responsibilities) LAND AREA ±62,358 SF (1.43 AC)

ASK ABOUT THIS PROPERTY

Simon MattoxKidder MathewsMore Info
310-906-3295

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Simon MattoxKidder MathewsMore Info
310-906-3295

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