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PROPERTY/LOT
IMMEDIATE LOCATION
AREA LOCATION
TENANT ATTRIBUTES
INVESTMENT/GUARANTOR
DOM: 49 Updated: 09.15.25 Posted: 09.15.25 Status: Active     09.15.25

Summary

Price $4,255,000
Built/Renov 2024
Tenant Starbucks
Cap Rate 4.70%
Lease Type NN+
Guarantor Corp T and Rated
Size/SF 1,055
Lease Start 03-01-2024
#Units 38,038
Price/SF $4,033.18
Expiration 03-01-2034
Tenant Type Fast Food/QSR
NOI $200,000
R. Term 8.50
Ownership Fee Simple
Rent/SF $189.57
Increases 10.0%/6/yrs
Pop 5Mi 392,836
Lot/AC 0.35
Options 4/5yrs/10%
AHHI 5Mi $115,910

Highlights

  • Brand new 2024 Starbucks drive-thru with corporate guarantee from Starbucks Corporation
  • Long 10-year lease commencing March 2024, with rare10% rent increases every 5 years throughout the base term
  • Four 5-year renewal options provide long-term occupancy stability
  • Starbucks is responsible for building the parking lot, sidewalks, and landscaping maintenance
  • Located on Azusa Avenue with 48,900 vehicles per day
  • Strong trade area anchored by Walmart, Home Depot, Aldi, and Walgreens
  • 5-mile trade area includes 392,836 residents with $115,910 average household income

Location Description

Starbucks is strategically located along Azusa Avenue in Azusa, California, with access to a daily traffic count of approximately 48,900 vehicles. The site is surrounded by major national retailers including Walmart, Home Depot, Aldi, etc, driving consistent consumer traffic to the area. The property is located near several schools, residential communities, and new developments such as Azusa...

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Maps

  • 1 Mile
  • 3 Miles
  • 5 Miles

Tenant

  • Tenant: Starbucks
  • Guarantor:Corp T and Rated
  • Company:Starbucks Corporation
  • # Units:38,038
  • Tenant S&P: BBB+
  • Moody’s: Baa1
  • Stock: NASDAQ: SBUX

About Tenant

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...


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Demographics

  1 Miles 3 Miles 5 Miles
2030 Total Population : 31,826 178,118 375,210
2025 Total Population : 32,466 180,471 381,952
2025 Employed Civilian Pop : 16,605 92,451 191,483
2025 Total Businesses : 540 6,665 12,248
2025 Average Household Income : $ 106,510 $ 119,523 $ 127,572
2025 Total Consumer Spending : $ 832 M $ 5724 M $ 12952 M
2025 Median Age : 36 38 39
2025 Total Households : 9,171 56,688 120,376
2025 Pop Age 25+: Bachelor's Degree : 3,158 24,265 55,903
2025 Average Home Value : $ 624,638 $ 742,709 $ 810,805
*ESRI data is presented for informational purposes only

Traffic

Collection Street Cross Street Year Traffic Vol Distance
E Newburgh St S Donna Beth Ave 2011 3,220 0.07 mi
S Azusa Ave E Payson St 2011 27,293 0.09 mi
S Azusa Ave E Newburgh St 2011 23,828 0.09 mi
S Donna Beth Ave E Renwick Rd 2000 2,094 0.10 mi
N Donna Beth Ave E Laxford Rd 2000 1,725 0.11 mi
E Newburgh St S Donna Beth Ave 2013 1,501 0.14 mi
Conwell Ave E Renwick Rd 2001 1,258 0.17 mi
Orkney St S Sally Lee Ave 2003 2,933 0.24 mi
W Arrow Hwy S Azusa Ave 2011 23,604 0.24 mi
Homerest Ave E Newburgh St 2012 1,354 0.25 mi

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