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1789 W Jefferson Blvd
Los Angeles, CA 90018
Starbucks · Retail Property For Sale
Investment Highlights
- Single-Tenant Corporate Starbucks Drive-Thru with No Landlord Responsibilities
- Extremely rare absolute NNN lease; zero landlord responsibility
- Limited Competition: The subject property is the only drive-thru Starbucks in a 2-mile radius
- 14 years remaining on original 20-year lease with three 5-year options at 10% rental increases every 5 years
- High Traffic, Hard Corner Signalized Intersection in the Heart of Los Angeles with Drive-Thru: Over 50,000 CPD; extremely high barriers to entry
- Extremely Dense, Infill Location: More than 1.3 million people within a 5-mile radius
Property Facts
Property Type
Retail
Property Subtype
Building Size
1,486 SF
Building Class
B
Year Built/Renovated
2017/2018
Tenancy
Single
Building Height
1 Story
Building FAR
0.13
Lot Size
0.27 AC
Zoning
C2-1LA
Parking
10 Spaces (4.57 Spaces per 1,000 SF Leased)
Frontage
99’ on W Jefferson Blvd
Amenities
- Signalized Intersection
- Drive Thru
Property Taxes
| Parcel Number | 5053-008-008 | Improvements Assessment | $969,000 |
| Land Assessment | $2,346,000 | Total Assessment | $3,315,000 |
Property Taxes
Parcel Number
5053-008-008
Land Assessment
$2,346,000
Improvements Assessment
$969,000
Total Assessment
$3,315,000
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