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6240 York Blvd
Los Angeles, CA 90042
Starbucks · Retail Property For Sale

Investment Highlights

  • Single-Tenant Corporate Starbucks Drive-Thru
  • Corporate lease (NASDAQ: SBUX; S&P: BBB+)
  • High Traffic Daytime Population: 45,000 cars per day at York Boulevard and Figueroa Street; over 302,000 employees within a 5-mile radius
  • 13 years remaining on initial 15-year lease; 10% increases every 5 years
  • Prime Los Angeles Area Location: Situated on primary east/west retail corridor and close proximity to major freeway (132,000 CPD)
  • Dense, Infill Los Angeles Demographics: 718,000 residents within a 5-mile radius and average household incomes of over $115,000 within a 3-mile radius

Property Facts

Property Type
Retail
Property Subtype
Fast Food
Building Size
1,271 SF
Building Class
B
Year Built
1975
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
0.26 AC
Zoning
LAC4 - Commercial
Parking
4 Spaces (3.15 Spaces per 1,000 SF Leased)
Frontage
97’ on York Blvd

Amenities

  • Bus Line
  • Pylon Sign
  • Signage
  • Drive Thru

Property Taxes

Property Taxes

Parcel Number
5492-034-008
Land Assessment
$3,119,951
Improvements Assessment
$806,518
Total Assessment
$3,926,469
  • Listing ID: 23978018

  • Date on Market: 8/25/2021

  • Last Updated:

  • Address: 6240 York Blvd, Los Angeles, CA 90042

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