For Sale
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers
Back to Search
The Largest CRE Database in the US with Over 1 Million Listings

20280 Bloomfield Ave Cerritos, CA 90703

View on Map
Claim this Listing
Loading data...
Loading data...
Loading data...
For Sale
Contact for pricing

New construction Starbucks with a corporate guarantee and desirable location.

Type:Retail
Property size:
1,844 SF
Added:
Sep 19, 2024
Days on Market:
578
Last Refresh:
Mar 17 at 1:13 pm

Property Features for 20280 Bloomfield Ave

General Information

Standard status
Active
Size
1,844 SF
Property subtype
Retail

Building Details

Year Built
2024

We can help!

Listing Contact
Jake Prater

Listing agent Jake Prater License #CA 02090490

Listing office SRS Real Estate Partners Newport Beach

Listing date Sep 19, 2024

Source Crexi

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of SRS Real Estate Partners Newport Beach


Overview

New Starbucks in Cerritos, CA

This property offers the opportunity to acquire a fee simple interest in a corporate-guaranteed Starbucks investment property in Cerritos, California. The property features a brand new 15-year lease with Starbucks Corporation, which includes six 5-year options to extend. The lease incorporates 10% rental increases every 5 years throughout the initial term and at the beginning of each option period. The property benefits from limited landlord responsibilities. The new construction features a modern building design. Situated at the signalized corner of Bloomfield Avenue and Del Amo Boulevard, the location benefits from a combined daily traffic count of 53,400 vehicles. The property is an outparcel to Target, receiving crossover retail exposure from the adjacent store, which attracts approximately 1.8 million annual visitors. The location is near John F. Kennedy High School and Artesia High School. Adjacent to the Cerritos Sports Complex, the site benefits from families participating in youth sports programs. The property is accessible from State Highway 91 and Interstate 605. The 5-mile trade area includes a population of over 599,100 residents and 237,300 employees, with an average household income of $139,297 within 3 miles of the property. The property size is 1,844 square feet.
Location Intelligence

Current Use by Public Records

Coffee shops

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

Zoning and permitted uses should be independently verified with local authorities.

Similar Places Nearby

  • Boba Loca 12222 South St, Artesia, CA 90701
  • Cone Appetít Desserts & Drinks 12238 South St, Artesia, CA 90701
  • CBD TOFFU 19318 Ely Ave, Cerritos, CA 90703
  • Solid Coffee Roasters - Artesia 12147 South St, Artesia, CA 90701
  • Sunright Tea Studio - Artesia 12148 South St, Artesia, CA 90701

Location Insight

  • Map
  • Local Demand
City
Cerritos
County
Los Angeles
State
California
Longitude
-118.0621682
Latitude
33.8470947

FAQs

What type of property is this?
Coffee shop - New construction Starbucks with a corporate guarantee and desirable location.
Where is this coffee shop located?
The property is located at 20280 Bloomfield Ave Cerritos, CA.
What is the asking price?
The asking price for this property is $5,686,000.
What are key features of this property?
This property features: Brand new 15‑year lease with Starbucks Corporation (S&P: BBB+, NASDAQ: SBUX) featuring 10% rental increases every 5 years.; Located at a high‑traffic, signalized corner (53,400 VPD) as an outparcel to a Target store with 1.8 million annual visitors.; New construction (2024) with a modern design and limited landlord responsibilities.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message