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| Price $4,530,000 | Built/Renov 2019 | Tenant Starbucks |
| Cap Rate 4.25% | Lease Type
NN+ | Guarantor Corp T and Rated |
| Size/SF
1,612
| Lease Start
11-15-2019
| #Units
38,038
|
| Price/SF $2,810.17 | Expiration
11-30-2029
| Tenant Type Fast Food/QSR |
| NOI $192,504 | R. Term 4.0 | Ownership Fee Simple |
| Rent/SF
$119.42
| Increases 10.0%/6/yrs | Pop 5Mi 641,943 |
| Lot/AC 0.42 | Options 4/5yrs/10% | AHHI 5Mi $131,238 |
| | |
Starbucks corporate NNN lease with 10-year initial term expiring November 2029.
Current rent $192,504 annually with 10% increase in 2029.
Four 5-year renewal options with scheduled rent escalations.
Absolute freeway visibility at CA-22 ramps with ±200,000 vehicles daily exposure.
Built in 2019, modern Starbucks drive-thru prototype on 0.42-acre parcel.
Dense 5-mile trade area with 641,943 residents and $131,238 average household income.
Located 1.5 miles from Chapman University and 1.2 miles from major hospitals.
Starbucks is strategically located along North Grand Avenue in Santa Ana, California, with access to a daily traffic count of approximately 33,000 vehicles. The site is surrounded by major national retailers including MainPlace Mall, The Outlets at Orange, and Orange Town & Country Center, driving consistent consumer traffic to the area. The property is located near several schools,...
...New construction
Signalized intersection
Major thoroughfare
Near major nationals
Dense 100M+ pop 5 mi
Top 100 MSA
Strong sales history
Long 10+ yr lease
Traded and rated company
Corporate Guarantee
Starbucks Corporation (NASDAQ: SBUX) is the leading roaster, retailer, and marketer of specialty coffee in the world. In addition to drinks and food, many stores carry Starbucks' official...
| 1 Miles | 3 Miles | 5 Miles | |
| 2030 Total Population : | 28,767 | 270,536 | 635,752 |
| 2025 Total Population : | 28,301 | 268,126 | 635,810 |
| 2025 Employed Civilian Pop : | 15,876 | 137,855 | 329,192 |
| 2025 Total Businesses : | 1,832 | 16,530 | 30,849 |
| 2025 Average Household Income : | $ 127,768 | $ 125,283 | $ 134,419 |
| 2025 Total Consumer Spending : | $ 1192 M | $ 8695 M | $ 21330 M |
| 2025 Median Age : | 37 | 35 | 36 |
| 2025 Total Households : | 10,951 | 81,232 | 186,518 |
| 2025 Pop Age 25+: Bachelor's Degree : | 5,719 | 35,780 | 88,460 |
| 2025 Average Home Value : | $ 996,903 | $ 936,598 | $ 957,058 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| N Grand Ave | Fairhaven Ave | 2013 | 30,000 | 0.04 mi |
| N Grand Ave | S Glassell St | 2014 | 29,800 | 0.07 mi |
| Garden Grove Freeway | S Glassell St | 2022 | 165,000 | 0.15 mi |
| CA 22 | S Glassell St | 2021 | 165,000 | 0.15 mi |
| Fairhaven Avenue | Old Grand St | 2017 | 8,000 | 0.20 mi |
| N Grand Ave | Grovemont St | 2013 | 29,000 | 0.24 mi |
| Garden Grove Freeway | Cambridge St | 2022 | 181,000 | 0.24 mi |
| Garden Grove Freeway | W Fairway Dr | 2019 | 160,000 | 0.24 mi |
| North Grand Avenue | Grovemont St | 2017 | 29,000 | 0.27 mi |
| E Fairhaven Ave | N Linwood Ave | 2014 | 7,000 | 0.27 mi |
Carrollton, TX
Cap Rate 3.75%
Lease Abs NNN
R. Term 19.11 yrs
Size/SF 3,850
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
