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5361 Atlantic AveLong Beach, CA 90805
Starbucks Drive Thru + Cafe
Asset ClassRetail
Cap Rate5%
Starbucks Drive Thru + Cafe
overview of deal

Overview

  • New 15 Year Corporate Starbucks Lease
  • No Early Kick-Out Clause
  • Very Rare Absolute NNN - Zero Landlord Responsibilities
  • Fully Renovated Drive Thru in 2024
  • Large 3,600 SF Cafe on .72 Acre Lot
  • High Barriers to Entry with Strict City Drive Thru Restrictions

 

 

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Investment Highlights

  • The Starbuck’s lease features a 15 year primary term with three 5 year options to renew.
  • Starbucks is the largest coffeehouse chain in the world with 38,000 plus stores in 86 countries.
  • Newly Renovated 3,600 SF Café and Drive Thru on a large .72 Acre Lot.
  • Rare Zero Landlord Responsibilities on Absolute NNN Lease
  • High density - population of over 221,000 within a 3 mile radius of the site.
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deal gallery image
deal gallery image
5361 Atlantic AveLong Beach, CA 90805

Sales Team

Simon MattoxSenior Vice President

License #: 01732008

310.906.3295simon.mattox@kidder.com

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Listing provided by Revere CRE