Starbucks Drive-Thru

  • $2.9M
2033 N Imperial Ave, El Centro, CA 92243, USA

Starbucks Drive-Thru

2033 N Imperial Ave, El Centro, CA 92243, USA
  • $2.9M

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Title Property Type Price Beds Baths Property Size Availability Date


Investment Highlights
Brand New Single-Tenant Corporate Starbucks Drive-Thru:
The new 10-year lease with 10% rental increases every 5 years
Corporate guaranteed lease (NASDAQ: SBUX; S&P: BBB+); approximately 30,000 stores in 78 countries
New 2019 construction
Hard Corner Signalized Pad to Target and Lowe’s Anchored Shopping Center: Irreplaceable entrance location to regional shopping center along N. Imperial Avenue, the main north/south retail corridor in the region
High Traffic Regional Retail Destination: National credit tenants driving high sales volume traffic to the intersection include Walmart, Costco, ALDI, Food 4 Less, Party City, PetSmart, Planet Fitness, and Ross Dress for Less
Site of Significant Economic Growth: The Imperial Valley is one of the most productive agricultural regions in the world; the total dollar value of the region’s agriculture production increased 51% over the last decade to $2.06 billion annually, outpacing inflation by over 31%
Recent Nearby Residential Development: Recently developed Lotus Ranch (609 single-family homes) and the planned Citrus Grove Estates (120 single-family homes) in close proximity to the property
Regional Imperial Valley Location: El Centro is the largest city in Imperial County and is located 10 miles north of two Calexico/Mexicali border crossings, benefiting from nearly 20 million people crossing at these ports annually


Updated on October 8, 2019 at 7:53 am
  • Property ID: 21377
  • Price: $2.9M
  • Property Size: 2625 sqft
  • Year Built: 2019
  • Property Type: Retail
  • Property Status: For Sale
  • Lot Size (acres): 0.74
  • Tenancy: Single
  • Cap Rate: 4.50%
  • Net Operating Income: 130,000

Additional details

  • Lease Type: NNN
  • Lease Term: 10.1 years
  • Lease Commencement: 06/10/2019
  • Lease Expiration: 06/30/2029
  • Remaining Term: 9.7 years
  • Net Rentable (sq ft): 2,625
  • Rent Bumps: 10% Every 5 Years
  • Lease Options: Three 5-Year @ 10% Each Option
  • Address 2033 N Imperial Ave, El Centro, CA 92243, USA
  • City El Centro
  • State/county California
  • Zip/Postal Code 92243

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Contact Information

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Bill Asher
  • Bill Asher
  • 949.585.7684

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Bill Asher
  • Bill Asher