283 Orange Ave - Freestanding FOR SALE
Chula Vista, CA 91911 |
283 Orange Ave
Chula Vista, CA 91911
HIGHLIGHTS
- Store Opened September 25, 2023
- Single-Tenant Corporate (NASDAQ: SBUX; S&P: BBB+) Starbucks Drive-Thru: New 10-year lease; 10% increases every 5 years
- Hard-Corner, Signalized Intersection Location: Situated at Third Avenue and Orange Avenue (40,000 cars per day)
- Direct Access to I-5 and I-805: The property is located between two of San Diego’s main freeways; I-5 (138,000 CPD) and I-805 Freeway (198,000 CPD)
- Prime San Diego Location: Chula Vista is the 2nd largest city in San Diego (276,000 people)
- Dense Infill Trade Area: 213,000+ people within a 3-mile radius
FOR SALE DETAILS
PRICE
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CAP RATE
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% LEASED
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TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Starbucks Drive-Thru
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
TOTAL BUILDING SIZE
1129
STORIES
1
YEAR BUILT
2023
SPRINKLERS
-
PARKING SPACES
20
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
-
APN/PARCEL ID
623-030-10
