New Coffee Shop with Double
For Sale
Contact for pricing
9775 Sheep Creek Rd, Phelan, CA 92371
Brand-new coffee shop with a double drive-through and new 10-year NNN lease.
Property Size2,233 SF
Price / SF$1,520
Days on Market161
Property Features for 9775 Sheep Creek Rd
General Information
Standard status
Active
Size
2,233 SF
Property subtype
Retail
Occupancy
100%
Lease Type
NNN
Investment Type
Net Lease
Net Operating Income
$180,000
Site & Location
Drive-Thru
Yes
Traffic Count
11,100 vehicles/day
Additional Details
Cap Rate
5.3%
Building Details
Year Built
2025
Tenancy
Single
Listing Agency:
Marcus & Millichap - Encino
(818) 212-2730
Listed By:
Lior Regenstreif · License #CA 01267761
Source:
Crexi
Added: Mar 23
Changed: Aug 30
Last Checked: Mar 26 at 12:28AM
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 Marcus & Millichap - Encino
Investment Insights
Based on property information with market context.
This 2233-square-foot coffee shop features a double drive-through and brand-new construction based on Starbucks’ latest prototype design. The property is leased under a new 10-year triple net agreement with four additional 5-year options and scheduled rental increases. The lease carries a 5.30% cap rate.
Positioned at a signalized corner with traffic counts exceeding 11,100 vehicles per day, the site is surrounded by national retailers including McDonald’s, Stater Bros., 7 Eleven, and Dollar General. The property is identified as the only Starbucks within a 10-mile radius and is near three schools with combined enrollment exceeding 3,100 students. It is located within the Riverside-San Bernardino-Ontario MSA, which has over 4.65 million residents.
Positioned at a signalized corner with traffic counts exceeding 11,100 vehicles per day, the site is surrounded by national retailers including McDonald’s, Stater Bros., 7 Eleven, and Dollar General. The property is identified as the only Starbucks within a 10-mile radius and is near three schools with combined enrollment exceeding 3,100 students. It is located within the Riverside-San Bernardino-Ontario MSA, which has over 4.65 million residents.
Key Highlights
- 2233‑square‑foot brand‑new Starbucks coffee shop
- Double drive‑through built into the latest prototype design
- New 10‑year triple net lease with four additional 5‑year options
Property Analytics
Property Profile
Current Use
Lease Details
11,100 VPD
Traffic count
Location Intelligence
Trade Area within ½ mile
356
Businesses Nearby
99k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 39%
Dining 30%
Shops & Services 19%
Electronics 7%
Stater Bros. Markets
Groceries
38,053 visits/mo
0.3 miles
McDonald's
Dining
23,899 visits/mo
0.3 miles
Dollar Tree
Shops & Services
12,519 visits/mo
0.3 miles
Mills Hardware
Home Improvements & Furnishings
5,016 visits/mo
0.3 miles
Verizon
Electronics
3,774 visits/mo
0.3 miles
Demographics for 92371, CA
16,345
Population
6,683
Households
2.4
Avg Household Size
40
Median Age
12%
College-Educated
87%
High-School Grad
132.1 sq mi
ZIP Area
124
Density / Sq Mi
$78,761
Median Household Income
$39,703
Median Earnings
$1,701
Median Rent
$351,700
Median Home Value
Market
Vacancy Rate% for Retail in West region
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Similar Off Market Nearby
- Sweet Salt Boba — 3936 Phelan Rd b12, Phelan, CA 92371
- Express Bakery — phelan, ca 92371
Frequently Asked Questions
What type of property is this?
Coffee shop - Brand-new coffee shop with a double drive-through and new 10-year NNN lease.
Where is this coffee shop located?
The property is located at 9775 Sheep Creek Rd Phelan, CA.
What is the asking price?
The asking price for this property is $3,396,000.
What are key features of this property?
This property features: 2233‑square‑foot brand‑new Starbucks coffee shop; Double drive‑through built into the latest prototype design; New 10‑year triple net lease with four additional 5‑year options
