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1740 Centinela Ave 880 SF Retail Building Inglewood, CA 90302 $5,500,000 ($6,250/SF) 4% Cap Rate



Investment Highlights
- IRREPLACEABLE LOCATION: 11th busiest intersection in the entire City of Los Angeles (LA Times Data Analysis (February 2026)
- EXTREMELY FAVORABLE LEASE: Absolute NNN & No early termination clause. Plus, upon exercising the first option, rent resets to FMV w/ floor of 100%
- PLACER AI: Ranked in the 90th percentile in the nation, according to Placer.ai as the most visited coffee, breakfast and bakery store, nationwide.
- EXCEPTIONAL CO-TENANCY: Nearly all the major national retailers are within a half mile radius
Executive Summary
Contact Broker for OM
Oakmore, on behalf of ownership, is pleased to exclusively offer for sale the opportunity to acquire the 100% fee simple interest in the land, subject to a long-term ground lease with Starbucks Corporation located at 1740 Centinela Avenue, Inglewood, California (the "Property"). The Property consists of an 880 SF building on a 0.39-acre parcel of land, with drive-through with window walkup. The Property is leased directly to Starbucks Corporation under an Absolute NNN ground lease with no landlord responsibilities whatsoever. Moreover, the lease contains **no early termination clause**, providing investors with uninterrupted, truly passive income for the duration of the term. What separates this offering from virtually every other Starbucks NNN investment currently available is the irreplaceability of the real estate. The site is located on the 11th busiest intersection in the entire City of Los Angeles (LA Times Data Analysis (February 2026). The lease further distinguishes itself through a unique rent adjustment mechanism at the first option to renew that is almost never seen in NNN ground lease transactions. Upon exercising the first five-year extension option, the base rent resets to Fair Market Value — subject to a floor of 110% and a ceiling of 130% of the in-place rent at lease expiration. For an investor seeking a passive, management-free, institutionally credentialed net lease investment anchored by irreplaceable real estate, uninterrupted corporate income, and a rent structure that rewards long-term hold, 1740 Centinela Avenue represents one of the most compelling opportunities in the Los Angeles retail market today.
Oakmore, on behalf of ownership, is pleased to exclusively offer for sale the opportunity to acquire the 100% fee simple interest in the land, subject to a long-term ground lease with Starbucks Corporation located at 1740 Centinela Avenue, Inglewood, California (the "Property"). The Property consists of an 880 SF building on a 0.39-acre parcel of land, with drive-through with window walkup. The Property is leased directly to Starbucks Corporation under an Absolute NNN ground lease with no landlord responsibilities whatsoever. Moreover, the lease contains **no early termination clause**, providing investors with uninterrupted, truly passive income for the duration of the term. What separates this offering from virtually every other Starbucks NNN investment currently available is the irreplaceability of the real estate. The site is located on the 11th busiest intersection in the entire City of Los Angeles (LA Times Data Analysis (February 2026). The lease further distinguishes itself through a unique rent adjustment mechanism at the first option to renew that is almost never seen in NNN ground lease transactions. Upon exercising the first five-year extension option, the base rent resets to Fair Market Value — subject to a floor of 110% and a ceiling of 130% of the in-place rent at lease expiration. For an investor seeking a passive, management-free, institutionally credentialed net lease investment anchored by irreplaceable real estate, uninterrupted corporate income, and a rent structure that rewards long-term hold, 1740 Centinela Avenue represents one of the most compelling opportunities in the Los Angeles retail market today.
Property Facts
Sale Type
Investment NNN
Sale Conditions
Property Type
Retail
Property Subtype
Building Size
880 SF
Building Class
B
Year Built
2017
Price
$5,500,000
Price Per SF
$6,250
Cap Rate
4%
NOI
$220,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
0.39 AC
Zoning
C-2 - Commercial (Inc2yy)
Parking
9 Spaces (10.23 Spaces per 1,000 SF Leased)
Frontage
117’ on La Cienega
Amenities
- Signage
- Drive Thru
- Cafe
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Starbucks
- -
- 888 SF
- -
- Single Net
- Feb 2033
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Starbucks | - | 888 SF | - | Single Net | Feb 2033 |
Moderately walkable
70/100
Exceptionally drivable
100/100
Some public transit
50/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 4001-020-033 | Improvements Assessment | $1,276,945 |
| Land Assessment | $773,286 | Total Assessment | $2,050,231 |
Property Taxes
Parcel Number
4001-020-033
Land Assessment
$773,286
Improvements Assessment
$1,276,945
Total Assessment
$2,050,231
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1740 Centinela Ave
