For Sale
$3,725,000

22220 Barton Rd Grand Terrace, CA 92313

High-Yield Starbucks NNN Lease

Overview

Added:
Dec 11, 2024
Days on market:
137
Exceptional investment opportunity: a 1,000 sq ft Starbucks located at 22220 Barton Rd, Grand Terrace, CA 92313. This Class A, single-tenant, net-lease property boasts a credit-rated corporate guarantee and a 9-year remaining lease term (commencing 01/01/2024) with rent bumps every 5 years. The property features a 4.00% cap rate and a strong NOI of $149,000. Situated on a 19,000-25,000 sq ft lot, this drive-thru location benefits from high visibility across from a Stater Bros center with tenants like McDonald's, Miguel's, and Auto Zone. Built in 2024, the property is zoned GC and offers a 100% occupancy rate. This investment is available for purchase individually or alongside a neighboring center with multinational tenants. The property's strong tenant, prime location, and favorable lease terms make it an attractive addition to any portfolio. The lease includes options and is not a ground lease. The APN is 0275-242-04-0000.

Highlights

  • $3,725,000 asking price for a Starbucks in Grand Terrace, CA.
  • Net lease investment opportunity with a corporate-guaranteed tenant.
  • 1,000 square foot, Class A building, 100% occupied.
  • 4.00% cap rate with a $149,000 NOI.
  • 9-year remaining lease term (commencing 01/01/2024), with rent bumps every 5 years.
  • Located at 22220 Barton Rd, Grand Terrace, CA 92313, on a 19,000-25,000 square foot lot.

Property Details for 22220 Barton Rd

Property type
Retail properties, Restaurants
Square Feet
1,000 SF
Class
A
Year Built
2024
Buildings
1
Stories
1
Units
1

Location Insight

City
Grand Terrace
County
San Bernardino
State
California
Latitude
34.033827845063
Longitude
-117.31975735105

FAQs

What type of property is this?
Retail property - High-Yield Starbucks NNN Lease
Where is the retail property located?
The property is located at 22220 Barton Rd Grand Terrace, CA.
What is the asking price?
The asking price for this property is $3,725,000.
What are key features of this property?
This property features: $3,725,000 asking price for a Starbucks in Grand Terrace, CA.; Net lease investment opportunity with a corporate-guaranteed tenant.; 1,000 square foot, Class A building, 100% occupied.
How can I contact the broker?
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22220 Barton Rd
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