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1740 Centinela Ave
Inglewood, CA 90302
Starbucks | Abs NNN Lse | I/O Financing Avail · Retail Property For Sale
Investment Highlights
- Starbucks Overview: Largest global coffee retailer with a $111 billion market cap and $36 billion revenue in 2023.
- Starbucks market capitalization recently increased by $20B
- Drive-Thru Model: Highly profitable; drive-thru stores generate ~50% more revenue.
- Lease Details: 13+ years remaining, 10% rent increases every 5 years, Absolute NNN lease with no landlord responsibilities.
- FMV Rent Option: Rare provision for 10%-30% rent increases upon lease renewal.
- Trade Area: $116,853 AHHI within 1 mile radius and large population base.
Property Facts
Property Type
Retail
Property Subtype
Building Size
880 SF
Building Class
B
Year Built
2017
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
0.39 AC
Zoning
C-2 - Commercial
Amenities
- Drive Thru
Property Taxes
| Parcel Number | 4001-020-033 | Improvements Assessment | $1,251,907 |
| Land Assessment | $758,124 | Total Assessment | $2,010,031 |
Property Taxes
Parcel Number
4001-020-033
Land Assessment
$758,124
Improvements Assessment
$1,251,907
Total Assessment
$2,010,031
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