17254 Lakewood Blvd Bellflower, CA 90706-6222
- Drive through restaurants
- 786 SF
- 0.24 lot acres
May 07, 2025
Current Use by Public Records
- Starbucks / Espresso Bar / Coffee Shop
Property Details for 17254 Lakewood Blvd
- Year built
- 2005
- Construction
- WOOD
- Lot size
- 0.24 lot acres
- Property size
- 786 SF
- Zone code
- EQUILON EN
- Property type
- Drive through restaurants
- APN
- 7162-016-042
- APU
- 7162016042
Description
This exceptional investment opportunity presents a fee-simple, single-tenant Starbucks located at 17254 Lakewood Blvd, Bellflower, CA 90706. The 804 square foot building, constructed in 2005, sits on a 10,565 square foot lot and boasts a prime corner location in a high-traffic area of Los Angeles County. Currently operating under a Net Lease (NN) agreement with a 100% occupancy rate, the property generates a strong Net Operating Income (NOI) of $110,470, resulting in a 4.25% cap rate. The lease commenced on October 25, 2004, and expires on February 28, 2026, leaving approximately 1.3 years remaining. The lease includes options to renew, offering investors long-term stability and potential for increased returns. The property's APN is 7162-016-042. This is a rare chance to acquire a well-established, investment-grade tenant in a desirable location with minimal landlord responsibilities. The asking price is $2,599,000.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Bellflower
- County
- Los Angeles
- State
- California
- Longitude
- -118.142
- Latitude
- 33.875
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
