Starbucks

Highlights:

• Rare 15-year corporate Starbucks lease with 10% rent increases every five years throughout the base term and three, 5-year options
• New build-to-suit drive-thru featuring Starbucks’ current prototype
• Corporate lease backed by investment-grade Starbucks Corporation (S&P: BBB+)
• Adjacent to the new ±11,000 SF Camarena Health center, providing a built-in daily traffic generator
• Starbucks operates nearly 41,000 locations globally and generated $37.2 billion in FY2025 net revenue
• Located along Avenue 12, the community’s primary commercial corridor with connectivity to Highways 41 and 99
• Part of a new five-acre development featuring Starbucks, Camarena Health Center, fuel/convenience, car wash and EV charging uses
• New signalized intersection at Avenue 12 and Jason Court/Fernwood Drive enhances access and circulation

Description:

This newly constructed, drive-thru Starbucks is backed by a 15-year corporate lease featuring 10% rental increases every five years throughout the initial term and each of the three, 5-year options. The property is strategically positioned along Avenue 12, Madera Ranchos’ primary commercial corridor, adjacent to the newly opened 11,000-square-foot Camarena Health center and across from established retail. As the first Starbucks in Madera Ranchos, the location benefits from limited direct coffee competition and a growing concentration of commercial uses serving the surrounding community.

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