Tuesday, December 9, 2014

JUST LISTED | Starbucks – Single Tenant NNN | Rare LA County Investment


Investment Highlights

Price: $2,000,000 NOI: $72,000

>  True Investment Grade Credit - Starbucks Corporation
    (NASDAQ: SBUX)

>  Newly Constructed DTO Prototype Building -
    Corporate Guaranteed Lease

>  Brand New 10 Year NNN Lease - No Cancellation Clause
    4-5 YR Options

>  10% Rental Escalations Every 5 Years, Including
    All Option Periods - Inflation Hedge

>  Hard Corner Location - Convenient Access - Excellent Visibility

>  High Barriers to Entry - Last Approved Drive Thru on Garey Ave

>  ADT Above 35,000 CPD - Prime Signalized Intersection
    Just south of 10 FWY

>  Free and Clear of Existing Debt - Stability of Successful Tenant


No comments:

Post a Comment