5850 S Eastern Ave | Commerce, CA 90040
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- LoopNet Team
5850 S Eastern Ave
Commerce, CA 90040
Starbucks | Los Angeles, CA · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- New 15-Year Initial Lease Term; No Early Cancellation or Termination Clause; Rare Starbucks Lease Provision With Tenant Self-Maintaining the Property
- Brand New, Pride of Ownership Construction: 2,442 SF café and drive-thru
- Huge Daytime Population: More than 237,000 employees within a 5-mile radius
- Single-Tenant Corporate (NASDAQ: SBUX; S&P: A-) Starbucks Drive-Thru: 10% increases every 5 years during the base term
- High Barriers to Entry Location: Situated within Commerce Office Park and immediately surrounded by 2.5 million SF of office and industrial space
- Limited Starbucks Competition: Only Starbucks Drive-Thru in a 1.5-mile radius
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
2,442 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2023
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
0.64 AC
Zoning
CMM2 - Light Industrial M1 and MR2 Uses, Additional Industrial Uses, Storage Yards, Animal Keeping, Enclosed Composting, no R Zone Uses
AMENITIES
- Drive Thru
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 6332-015-028 | Improvements Assessment | $972,774 |
| Land Assessment | $1,628,226 | Total Assessment | $2,601,000 |
PROPERTY TAXES
Parcel Number
6332-015-028
Land Assessment
$1,628,226
Improvements Assessment
$972,774
Total Assessment
$2,601,000
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