Indio, CA - Starbucks

Description:

• Below Market Low Rent Starbucks compared to any new construction Starbucks or other QSR in SoCal. This low basis provides long term security for investors
• +6 years remaining with 10% increases every 5 years
• Corporate Guaranty Starbucks Corp., an Investment Grade Tenant (NASDAQ: SBUX | S&P: BBB+)
• Top 6% Starbucks throughout entire chain Nationwide (Placer.ai)

• Located within Northgate Crossing, a 90-acre master planned mixed-use development
• Current uses include retail, medical office, hospitality, and residential
• Features 4 drive-thru restaurants and an Arco AM/PM Gas Station, convenience store, and car wash
• 115 single-family detached lots built or under construction and 247 multifamily units
• Coachella Valley is among the fastest-growing Southern California markets driven by affordable housing, national retailer demand, and infrastructure investments including future passenger rail service to Los Angeles

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Listing ID: a28TP0000029RhNYAU