New Starbucks & Quick Quack Car Wash FOR SALE


Carson, CA
$11,950,000 USD
310-796-6229
, Carson, CA for Sale
$11,950,000 USD
FOR SALE
1/8
null | 5.52% Cap Rate

New Starbucks & Quick Quack Car Wash
Carson, CA


HIGHLIGHTS

  • 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

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 – Feb 28,2035 Quick Quack – Jan 31, 2044 ORIGINAL COMMENCEMENT DATE Starbucks - Grand opening was Nov 14, 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
310-796-6229

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Simon MattoxKidder MathewsMore Info
310-796-6229

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