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5850 South Eastern Avenue

$6,210,500

5850 South Eastern Avenue, Commerce, CA 90040

Active
Last Updated: 03/17/2025

4.75

Cap Rate

295,000

NOI

Details:
Cap Rate:    4.75%
NOI:    $295,000
Building Size:    2,442 sqft
Lot Area:    0.64 acres
Occupancy:    100%
Lease Type:    Triple Net
Year Built:    2023
Zoning:    CMM2*
Tenancy:    Single
Highlights:
  • Highly Strategic Net Lease Location – Starbucks is strategically located in between two (2) major freeways, the 710 Freeway (217,000 CPD) and the 5 Freeway (219,000 CPD), providing convenient access for commuters and enhancing its visibility and customer traffic.
  • Desirable Office Park Location – Starbucks benefits by being surrounded by over 2.5 million square feet of office and industrial space, including the Commerce Office Park. The site is a convenient location for 104,605 daytime workforce population within a 3-mile radius.
  • Limited Area Competition – Starbucks is one of only two (2) coffee drive-thrus in a one and a half (1.5)-mile radius. The site is also only a short drive from the 5 Freeway Eastern Avenue on-ramp/off-ramp.
  • Best in Class Construction and Design – This Starbucks is constructed with high quality finishes and design. The site is provisioned for future EV stalls and structured to accept future solar power system, if desired.
  • Inviting Customer Experience – This Starbucks is about 25% larger than most Starbucks drive thru’s, providing a large cafe area with 10’ high glazing providing open views in all directions. There is also a large 300 sq. ft. trellis covered outdoor seating area.
Description:

IDEAL 1031 EXCHANGE NET LEASE INVESTMENT WITH STRONG CORPORATE GUARANTEE

Brand-New Construction Starbucks with Drive-Thru – Brand-New 2023 construction in Commerce (Los Angeles) with a desirable double drive-thru.

Rare Fifteen (15)-Year Corporate Guaranteed Lease – Most Starbucks leases have initial terms of ten (10) years and require landlord expense and maintenance responsibilities. This location benefits from a fifteen (15)-year initial lease term with no early cancellation or termination clauses – showing Starbucks’ commitment to the location.

Excellent Credit Tenant – Starbucks (NASDAQ: SBUX | S&P: A-) operates over 36,000 stores worldwide. It’s recognized by Fortune as one of the “World’s Most Admired Companies”.

Rare Self-Maintaining Starbucks – The Tenant is responsible for most expenses and maintenance, limiting landlord obligations to structure and roof replacement only (which is mitigated by recent 2023 construction and transferable 15 year roof warranty).

Map:
Documents:
Title
Offering Memorandum
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Location
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