Log In/Sign Up
16400 Crenshaw Blvd
Torrance, CA 90504
Starbucks · Retail Property For Sale
Investment Highlights
- FIRST CLASS TENANCY WITH CORPORATE GUARANTY | Starbucks Corporation (NASDAQ: SBUX)operates and licenses 32,660 stores in 83 markets globally
- UPCOMING RENTAL INCREASE | There is a 10% rental increase in approximately 18 months, boosting the asset’s return in the near-term
- HIGH BARRIERS TO ENTRY | Located about 12 miles South of Downtown Los Angeles & just 7 miles from LAX | Daytime pop. of 740,321 within 5 miles
- ABSOLUTE NNN GROUND LEASE WITH CONTRACTUAL RENT INCREASES | The Lease has 11+ years remaining and features 10% increases every 5 years
- STRATEGIC LOCATION ADJACENT TO EL CAMINO COLLEGE | The College sits on a 126-acre campus and enrolls about 33,000 students each semester
Property Facts
Property Type
Retail
Property Subtype
Building Size
909 SF
Building Class
B
Year Built
2018
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
0.36 AC
Zoning
TOCC-GEN
Parking
12 Spaces (8.1 Spaces per 1,000 SF Leased)
Frontage
123’ on Crenshaw Blvd
Property Taxes
| Parcel Number | 4067-023-024 | Improvements Assessment | $2,626,489 |
| Land Assessment | $3,501,986 | Total Assessment | $6,128,475 |
Property Taxes
Parcel Number
4067-023-024
Land Assessment
$3,501,986
Improvements Assessment
$2,626,489
Total Assessment
$6,128,475
1 of 1
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
