Property ID #: 19146
Tenant Name: Starbucks
Street Address:
City: La Palma
State: CA
Zip: 90623

COMPANY DESCRIPTION

Starbucks Corporation is the leading roaster, retailer, and marketer of specialty coffee in the world. Its operations include upwards of 7,300 coffee shops and kiosks in the United States, and nearly 3,000 in 34 other countries, with the largest numbers located in Japan, Canada, the United Kingdom, China, Taiwan, South Korea, the Philippines, Thailand, Malaysia, Mexico, Australia, Germany, and New Zealand.

Sector: Quick-Service Restaurants (QSR)

FINANCIAL PROFILE

Price: $2,770,000
NOI:
Cap Rate: 3.25
Price PSF: N/A
Rent PSF: N/A
Credit Rating (S&P): BBB+

LEASE ABSTRACT

Lease Type: NN
Years Remaining: 20
Initial Term Increases: 12% Every 5 Years
Initial Term Lease Begin: 0000-00-00
Initial Term Lease Expiration: 0000-00-00
Renewal Options: One 10-Year; One 4-Year, 11-Month @ 12% Every 5 Years
Option Increases:
Rent Holidays:

PROPERTY OVERVIEW

Type of Ownership:
Year Built: 2021
Year Remodeled :
Tenancy :
Gross Leasable Area (GLA):
Building Size (SFT) : 895
Lot AC :

DEMOGRAPHICS

Population
1-Mile:
3-Mile:
5-Mile:
Average Household Income
1-Mile: 0.00
3-Mile: 0.00
5-Mile: 0.00

INFORMATION REQUEST

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