710 S Azusa Ave Azusa, CA 91702

This newly constructed, single-tenant Starbucks Drive Thru is located in the San Gabriel Valley. The property is subject to a triple-net lease. The tenant, Starbucks, is a publicly-traded company and the #1 World’s Most Valuable Restaurant Brand. The new lease term is for 10 years, featuring 10% rent increases every 5 years. Starbucks reported a revenue of $35.97 billion in the most recent fiscal year, an 11% increase from the prior year. The property is located on Azusa Avenue, a major north/south street corridor intersecting all three east/west freeways in the San Gabriel Valley, with traffic counts of 48,900 vehicles per day. The location is situated on the “drive to work” side of the street as customers approach Interstate 210, which has 251,900 vehicles per day. The Starbucks Drive Thru is the only one in the immediate area, situated in a center-of-town shopping destination featuring retailers such as Walmart, Home Depot, and Aldi. The property is approximately 1,055 square feet. This is an ease of management investment with pride of ownership new construction.