Price Reduction | SBUX D/T | Submit Offers | 710 S Azusa Ave
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Price Reduction | SBUX D/T | Submit Offers 710 S Azusa Ave
1,055 SF 4-Star Retail Building Azusa, CA 91702 $6,469,440 CAD ($6,132 CAD/SF) 4.35% Cap Rate
Investment Highlights
- Credit Income Stream From Starbucks Corporation | #1 World’s Most Valuable Restaurant Brand | Best in Class Coffee
- Rare Self-Maintaining Lease
- Strategic Location ½ Mile from Interstate 210 (251,900 VPD)
- Long-Term 10 Year Lease With 10% Rent Increases Every 5 Years
- Ideal Drive-Thru Only Concept Gaining Traction in the QSR Industry As Customer Dining Habits Change
- Hired Former Chipotle CEO | Hugely Positive News | $20B Added Market Cap
Executive Summary
PLEASE CLICK LINK BELOW OR EMAIL AGENT FOR BROCHURE -
RECENT $20B INCREASE IN MARKET CAPITALIZATION WITH HIRING OF BRIAN NICOLL AS CEO (FORMER CHIPOTLE CEO)
Faris Lee Investments presents an exceptional opportunity to acquire a newly constructed, single-tenant, triple-net leased Starbucks Drive Thru investment in the thriving San Gabriel Valley. With over 38,000 locations worldwide, Starbucks stands as the #1 World’s Most Valuable Restaurant Brand (QSR Magazine). This prime investment features a new 10-year lease term with 10% rent increases every 5 years, backed by a publicly-traded company that reported a revenue of $35.97 billion in the most recent fiscal year, an 11% increase from the prior year, showcasing strong financial backing and tenant commitment. Starbucks pioneered the drive thru only concept and now with customer dining habits changing so quickly with many customers only using the drive thru, many QSR behemoths like McDonald’s are following suit.
Strategically situated on Azusa Avenue, a major north/south street corridor intersecting all three east/west freeways in the San Gabriel Valley, Starbucks benefits from high traffic counts of 48,900 vehicles per day. A very unique aspect of this location is that it places Starbucks on the “drive to work” side of the street as customers approach Interstate 210 (251,900 VPD) enabling Starbucks to accomplish a primary goal of being the “first cup of the day” for its customers. Furthermore, this Starbucks Drive Thru is the only one in the immediate area, situated in a center-of-town shopping destination featuring prominent retailers such as Walmart, Home Depot, Aldi, and more, ensuring a steady flow of foot traffic and customer demand.
With its unparalleled location, strong tenant backing, and favorable lease terms, this investment opportunity presents a rare chance to secure a high-performing asset in a dynamic market.
RECENT $20B INCREASE IN MARKET CAPITALIZATION WITH HIRING OF BRIAN NICOLL AS CEO (FORMER CHIPOTLE CEO)
Faris Lee Investments presents an exceptional opportunity to acquire a newly constructed, single-tenant, triple-net leased Starbucks Drive Thru investment in the thriving San Gabriel Valley. With over 38,000 locations worldwide, Starbucks stands as the #1 World’s Most Valuable Restaurant Brand (QSR Magazine). This prime investment features a new 10-year lease term with 10% rent increases every 5 years, backed by a publicly-traded company that reported a revenue of $35.97 billion in the most recent fiscal year, an 11% increase from the prior year, showcasing strong financial backing and tenant commitment. Starbucks pioneered the drive thru only concept and now with customer dining habits changing so quickly with many customers only using the drive thru, many QSR behemoths like McDonald’s are following suit.
Strategically situated on Azusa Avenue, a major north/south street corridor intersecting all three east/west freeways in the San Gabriel Valley, Starbucks benefits from high traffic counts of 48,900 vehicles per day. A very unique aspect of this location is that it places Starbucks on the “drive to work” side of the street as customers approach Interstate 210 (251,900 VPD) enabling Starbucks to accomplish a primary goal of being the “first cup of the day” for its customers. Furthermore, this Starbucks Drive Thru is the only one in the immediate area, situated in a center-of-town shopping destination featuring prominent retailers such as Walmart, Home Depot, Aldi, and more, ensuring a steady flow of foot traffic and customer demand.
With its unparalleled location, strong tenant backing, and favorable lease terms, this investment opportunity presents a rare chance to secure a high-performing asset in a dynamic market.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
1,055 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2024
Price
$6,469,440 CAD
Price Per SF
$6,132 CAD
Cap Rate
4.35%
NOI
$281,280 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Land Acres
0.35 AC
Zoning
Commercial - Commercial
Frontage
Walk Score ®
Very Walkable (80)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 8621-024-012 | Improvements Assessment | $0 CAD |
| Land Assessment | $1,291,075 CAD | Total Assessment | $1,291,075 CAD |
PROPERTY TAXES
Parcel Number
8621-024-012
Land Assessment
$1,291,075 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,291,075 CAD
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Shaun Riley -
Faris Lee Investments
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Price Reduction | SBUX D/T | Submit Offers | 710 S Azusa Ave
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