Starbucks
$2,599,000
17254 Lakewood Boulevard, Bellflower, CA 90706
4.5
Cap Rate
804 sqft
Building Size
Details:
Description:
Matysek Investment Group is pleased to present this once in a lifetime opportunity to acquire a single tenant NN leased investment occupied by Starbucks. Located on a prime corner in a dense infill Los Angeles market of a signalized intersection with massive traffic counts. This offering provides investors the ability to acquire a publicly traded investment grade tenant with minimal landlord responsibilities. The lease has approximately 1.5 years remaining. There are two 5-year options to renew with 10% increases per option.
NN Lease: Minimal landlord responsibilities, making it an attractive investment for the passive real estate investor
Premier Investment Grade Tenant: Starbucks is the world’s premier coffee company, with over 38,038 locations and $9.114B in annual revenue
Dense Infill Location w/ Unlimited Potential: Great Location w/ Unlimited Potential: Located at the hard signalized corner of Lakewood Blvd & Artesia Blvd with a combined 57,000 VPD.
Surrounded by national retailers like Best Buy, Denny’s, Subway, AutoZone, Popeye’s, and McDonald’s.
Dense Demographics: Densely populated neighborhood in Los Angeles with over 282,000 residents in a 3-mile radius and an average household income is $110,000 within a 5 mile radius
Documents:
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Bellflower, CA - Starbucks OM |
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