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Starbucks | Pomona, CA 2302 N Garey Ave 1,650 SF Retail Building Pomona, CA 91767 $4,640,000 ($2,812.12/SF) 5% Cap Rate
Investment Highlights
- Single-Tenant Corporate Starbucks Café and Drive-Thru (NASDAQ: SBUX; S&P: BBB+)
- 1,650 Square-Foot Café With Drive-Thru
- Claremont Colleges: 8,500 students and 4,300 teachers and employees
- Rare 15-Year Primary Lease Term With no Early Termination Right; 10% Rental Increases Every 5 Years During the Primary Term
- One of the “World’s Most Admired Companies” by Fortune (2009-2024)
- High Barriers to Entry Location; Drive-Thru Prohibition Area
Executive Summary
Property Facts
Amenities
- Signalized Intersection
- Drive Thru
- Monument Signage
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- Accommodation and Food Services
- -
- -
- Jun 2039
Starbucks Coffee Company is a multinational coffeehouse operator headquartered in Seattle, Washington. The company was founded in 1971 by Jerry Baldwin, Zev Siegl, and Gordon Bowker, initially operating as a retailer of roasted coffee beans and equipment in Seattle’s Pike Place Market. Starbucks later expanded into a café-based model emphasizing handcrafted beverages and in-store customer experience, evolving into one of the most recognizable food and beverage brands worldwide. Starbucks operates through a mix of company-operated and licensed stores, selling coffee, tea, espresso-based beverages, and complementary food items.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
|
Accommodation and Food Services | - | - | Jun 2039 |
Nearby Major Retailers
Property Taxes
| Parcel Number | 8366-014-028 | Improvements Assessment | $520,200 |
| Land Assessment | $2,652,000 | Total Assessment | $3,172,200 |
Property Taxes
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Starbucks | Pomona, CA | 2302 N Garey Ave
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