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14170 Crenshaw Blvd
Gardena, CA 90249
Starbucks Gardena · Retail Property For Sale

Property Facts

Property Type
Retail
Property Subtype
Fast Food
Building Size
2,277 SF
Building Class
B
Year Built
2018
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
0.44 AC
Zoning
GAC3
Parking
23 Spaces (10 Spaces per 1,000 SF Leased)

Amenities

  • Restaurant
  • Tenant Controlled HVAC
  • Drive Thru

About 14170 CRENSHAW BLVD , GARDENA, CA 90249

CBRE is pleased to exclusively offer for sale a new Starbucks drive-thru location in the Los Angeles County submarket of Gardena. The tenant, Starbucks, has recently executed a brand-new 10-year lease. The lease features a corporate guaranteed lease with strong 10% rental increases occurring every 5 years throughout the primary term and option periods, with no early kick out clauses. Starbucks is conveniently located along Rosecrans Avenue and Crenshaw Boulevard, which reports high traffic counts of approximately 30,480 CPD at this location. There are over 321,071 residents with an average household income exceeding $71,110 within a 3-mile radius, creating an extremely desirable submarket demographic for Starbucks’ customer base. This location is also the only drive-thru Starbucks within a 1.7-mile radius, indicating the robust sales that this location likely has. The Subject Property allows a potential owner the ability to acquire an investment grade tenant with a brand-new corporate guaranteed 10-year lease within Los Angeles County, providing a new investor the ability to own a real estate asset that is both secure and stable.

Property Taxes

Property Taxes

Parcel Number
4059-021-022
Land Assessment
$3,280,937
Improvements Assessment
$1,328,777
Total Assessment
$4,609,714
  • Listing ID: 16636184

  • Date on Market: 7/17/2019

  • Last Updated:

  • Address: 14170 Crenshaw Blvd, Gardena, CA 90249

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