2302 N Garey Ave - Fast Food FOR SALE


Pomona, CA 91767
$4,785,000 USD
844-585-7684
2302 N Garey Ave, Pomona, CA for Sale
$4,785,000 USD
Fast Food - FOR SALE
1/5
null | 4.85% Cap Rate

2302 N Garey Ave
Pomona, CA 91767


HIGHLIGHTS

  • Single-Tenant Corporate Starbucks Café and Drive-Thru (NASDAQ: SBUX; S&P: BBB+)
  • Rare 15-Year Primary Lease Term With no Early Termination Right; 10% Rental Increases Every 5 Years During the Primary Term
  • 1,650 Square-Foot Café With Drive-Thru
  • One of the “World’s Most Admired Companies” by Fortune (2009-2024)
  • Claremont Colleges: 8,500 students and 4,300 teachers and employees
  • High Barriers to Entry Location; Drive-Thru Prohibition Area

OVERVIEW

Rare 15-Year Lease | Hard Corner, Signalized Intersection (38,000+ CPD) | Dense, Infill Los Angeles County Demographics

FOR SALE DETAILS

PRICE

$4,785,000 USD

PRICE/SF

$2,900 USD /SF

CAP RATE

4.85%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Starbucks | Pomona, CA

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1977

SPRINKLERS

-

PARKING SPACES

17

LAND DETAILS

LAND ACRES

0.38 AC

LAND SF

16,553 SF

ZONING

C-4, Pomona

APN/PARCEL ID

8366-014-028

ASK ABOUT THIS PROPERTY

Bill AsherHanley Investment GroupMore Info
844-585-7684

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Bill AsherHanley Investment GroupMore Info
844-585-7684

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.