Overview

Description

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 35,000 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.

Highlights

• Credit Income Stream From Starbucks Corporation | #1 World’s Most Valuable Restaurant Brand | Best in Class Coffee Retailer
• Long-Term 10 Year Lease With 10% Rent Increases Every 5 Years
• Rare Self-Maintaining Lease
• Ideal Drive-Thru Only Concept Gaining Traction in the QSR Industry As Customer Dining Habits Change
• Strategic Location ½ Mile from Interstate 210 (251,900 VPD)
• Prime San Gabriel Valley Location on Azusa Avenue | 48,900 VPD at Hard Corner Intersection
• Strong Retailing Trade Area Featuring Walmart, Home Depot, El Super, Ross, Aldi, Burlington, Walgreens, Superior Grocers
• Optimal Well-Populated Trade Area with Strong Household Income
• Ease Of Management Investment | NNN Lease | Pride of Ownership New Construction

---