Corporate Starbucks Drive-Thru For
For Sale
Contact for pricing
6240 York Blvd, Los Angeles, CA 90042
Single-tenant Starbucks with drive-thru, corporate lease, and high traffic.
Property Size1,271 SF
Price / SF$3,107
Days on Market1226
Property Features for 6240 York Blvd
General Information
Standard status
Active
Size
1,271 SF
Property subtype
Retail
Zoning
LAC4
Lease Type
Absolute Net
Net Operating Income
$132,000
Building Details
Year Built
1975
Tenancy
Single
Listing Agency:
BAC Real Estate Group, Inc.
Listed By:
Tyler Kropf · License #CA 01406277
(949) 679-2340
Source:
Crexi
Added: Apr 28, 2023
Changed: Aug 13
Last Checked: Sep 3 at 5:53AM
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 BAC Real Estate Group, Inc.
Investment Insights
Based on property information with market context.
This commercial property features a single-tenant corporate Starbucks with a drive-thru. The property benefits from high traffic, with 45,000 cars per day at the intersection of York Boulevard and Figueroa Street. It is located in an area with a significant daytime population, with over 302,000 employees within a 5-mile radius. The property is currently operating under a corporate lease with 10 years remaining on the initial 15-year lease, expiring May 31, 2034. The lease includes three five-year options to extend. The lease agreement specifies 10% increases every 5 years, with the next increase scheduled for June 2024. The property size is 1271 square feet.
Key Highlights
- Single‑tenant corporate Starbucks drive‑thru
- Corporate lease (NASDAQ: SBUX; S&P: BBB+)
- 10 years remaining on initial lease (May 31, 2034)**
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,363
Businesses Nearby
156k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 53%
Shops & Services 21%
Groceries 13%
Apparel 11%
Chevron
Shops & Services
20,618 visits/mo
0.2 miles
Smart & Final
Groceries
20,010 visits/mo
0.4 miles
Starbucks
Dining
18,995 visits/mo
0.1 miles
Jack in the Box
Dining
17,558 visits/mo
0.1 miles
Denny's
Dining
15,316 visits/mo
0.3 miles
Demographics for 90042, CA
58,295
Population
22,630
Households
2.6
Avg Household Size
37
Median Age
40%
College-Educated
81%
High-School Grad
4.5 sq mi
ZIP Area
12,954
Density / Sq Mi
$94,401
Median Household Income
$49,804
Median Earnings
$1,853
Median Rent
$940,600
Median Home Value
Market
Vacancy Rate% for Retail in Los Angeles, CA
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Similar Off Market Nearby
- Buddha Beans Coffee Co. (online only now) — 5567 N Figueroa St, Highland Park, CA 90042
- Kindness & Mischief Coffee — 5537 N Figueroa St, Los Angeles, CA 90042
- Civil Coffee — 5629 N Figueroa St, Los Angeles, CA 90042
- LIVING COLOR JUICE — 5612 N Figueroa St, Los Angeles, CA 90042
- Bionicos La Palapa — 5560 N Figueroa St, Los Angeles, CA 90042
Frequently Asked Questions
What type of property is this?
Coffee shop - Single-tenant Starbucks with drive-thru, corporate lease, and high traffic.
Where is this coffee shop located?
The property is located at 6240 York Blvd Los Angeles, CA.
What is the asking price?
The asking price for this property is $3,950,000.
What are key features of this property?
This property features: Single‑tenant corporate Starbucks drive‑thru; Corporate lease (NASDAQ: SBUX; S&P: BBB+); 10 years remaining on initial lease (May 31, 2034)**
