CBRE is proud to present an exceptional investment opportunity at 3352 Adams Ave, located in the desirable Normal Heights neighborhood of San Diego. This Starbucks leased freestanding building, offers a prime location on a signalized corner along the bustling Adams Ave corridor, ensuring high visibility and heavy foot traffic. The property benefits from its proximity to vibrant local amenities and a diverse community, making it an attractive destination for both residents and visitors. With Starbucks, the global leader in coffee sales, as your tenant, this asset is positioned for stable cash flow, making it an attractive addition to any investment portfolio.
Established Brand: NNN cooperate leased to Starbucks, a globally recognized brand with a loyal customer following. Largest coffeehouse chain globally with ±38,000 stores in 86 countries. One of the “World’s Most Admired Companies” by Fortune (2009-2023)
Growth Area: Normal Heights is experiencing ongoing development and revitalization, enhancing property values and demand for retail space.
Seasoned Tenant / Long Term Lease: The tenant has been in this location since 2007 and has options to extend the lease until 8/31/2052.