| Price $4,670,000 | Built/Renov 2024 | Tenant Starbucks |
| Cap Rate 4.50% | Lease Type
NN+ | Guarantor Corp T and Rated |
| Size/SF
1,000
| Lease Start
04-01-2024
| #Units
36,000
|
| Price/SF $4,670.00 | Expiration
03-31-2034
| Tenant Type Fast Food/QSR |
| NOI $210,000 | R. Term 9.10 | Ownership Fee Simple |
| Rent/SF
$210.00
| Increases 10.0%/5/yrs | Pop 5Mi 241,668 |
| Lot/AC 0.79 | Options 4/5yrs/10% | AHHI 5Mi $98,332 |
| | |
Starbucks is strategically located at the signalized, hard corner intersection of Oxnard Blvd. and Statham Blvd., a major commercial and retail corridor, with access to a combined daily traffic count of 22,000 vehicles. Additionally, the property is located near the intersection with South Rose Avenue, one of the highest trafficked intersections, boasting a substantial traffic count of 58,000...
...New construction
Signalized intersection
Near major nationals
Top 100 MSA
Strong demographics
Brand new lease
Long 10+ yr lease
Favorable NN+ lease
Traded and rated company
Investment grade tenant
Starbucks Corporation is the leading roaster, retailer, and marketer of specialty coffee in the world. In addition to drinks and food, many stores carry Starbucks' official merchandise, such...
| 1 Miles | 3 Miles | 5 Miles | |
| 2028 Total Population : | 22,154 | 170,656 | 235,053 |
| 2023 Total Population : | 22,562 | 171,456 | 235,544 |
| 2023 Employed Civilian Pop : | 9,743 | 79,282 | 110,239 |
| 2023 Total Businesses : | 773 | 4,042 | 6,072 |
| 2023 Average Household Income : | $ 97,418 | $ 100,226 | $ 107,561 |
| 2023 Total Consumer Spending : | $ 422 M | $ 3734 M | $ 6012 M |
| 2023 Median Age : | 30 | 32 | 33 |
| 2023 Total Households : | 5,013 | 43,180 | 64,992 |
| 2023 Pop Age 25+: Bachelor's Degree : | 1,412 | 13,496 | 22,285 |
| 2023 Average Home Value : | $ 603,755 | $ 596,686 | $ 659,802 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| S Oxnard Blvd | Sunkist Cir | 2005 | 18,300 | 0.09 mi |
| S Oxnard Blvd | Statham Blvd | 2005 | 14,700 | 0.18 mi |
| S Rose Ave | Ives Ave | 2005 | 20,000 | 0.27 mi |
| S Oxnard Blvd | Sunkist Cir | 2010 | 13,900 | 0.28 mi |
| S Oxnard Blvd | S Rose Ave | 2012 | 17,700 | 0.37 mi |
| E Channel Islands Blvd | Dallas Dr | 2005 | 20,000 | 0.47 mi |
| S Rose Ave | E Channel Islands Blvd | 2005 | 30,600 | 0.48 mi |
| S Oxnard Blvd | E Channel Islands Blvd | 2004 | 7,500 | 0.52 mi |
| S Oxnard Blvd | E Channel Islands Blvd | 2012 | 10,800 | 0.54 mi |
| S Rose Ave | Westar Dr | 2005 | 26,600 | 0.57 mi |
Alameda, CA
Cap Rate 4.40%
Lease Abs NNN
R. Term 5.10 yrs
Size/SF 2,583
Carlisle, PA
Cap Rate 5.50%
Lease Abs NNN
R. Term 27.90 yrs
Size/SF 3,278
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
