2595 Stearns St | Simi Valley, CA 93063
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- LoopNet Team
2595 Stearns St
Simi Valley, CA 93063
$150K Fee! - New STNL Starbucks 15 Yr Term · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Beautiful Brand New Corporate Guaranteed Investment – 100% NNN leased to Starbucks Corporate, with a rare 15 year term.
- Directly adjacent to the 118 Freeway, on the “going to work side” with traffic counts exceeding 118,000 cars per day.
- Signalized Corner Location with Strong Traffic Counts and Excellent Exposure on Bernard Street and Stearns Street with traffic counts exceeding 25,000
- NO early termination clause.
- Starbucks Corporate is the largest coffee chain in the world with over 33,833 stores in 84 countries. The company reported $29B of revenue in 2021
- Dense, Infill Area with 108,511 Residents Within Five Miles | Strong Average Household Income of $125,092 Within Five Miles
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
2,007 SF
Building Class
B
Year Built
2022
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
0.69 AC
Zoning
RE - Commercial Retail
Parking
18 Spaces (8.97 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Corner Lot
- Dedicated Turn Lane
- Freeway Visibility
- Pylon Sign
- Restaurant
- Signage
- Signalized Intersection
- Drive Thru
- Monument Signage
PROPERTY TAXES
| Parcel Number | 625-0-170-130 | Improvements Assessment | $3,158,592 |
| Land Assessment | $1,872,720 | Total Assessment | $5,031,312 |
PROPERTY TAXES
Parcel Number
625-0-170-130
Land Assessment
$1,872,720
Improvements Assessment
$3,158,592
Total Assessment
$5,031,312
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