Technical
Financial
Distress signals
Property profile

1740 Centinela Ave Inglewood, CA 90302

OFF-MARKET
Drive through restaurants
Property ID
US09-7579941
888 SF 0.38 ac lot Built 2017
Entity Owned 26-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional investment opportunity presents a leased fee interest in a Starbucks located at 1740 Centinela Ave, Inglewood, CA 90302. The property boasts a 13.3-year remaining lease term (expiring February 28, 2038) with a 10% rent increase every five years. The 880 square foot building, constructed in 2017, sits on a 0.39-acre lot and includes 9 parking spaces. The property operates under an absolute NNN lease, shielding the owner from operational expenses. The current annual net operating income (NOI) is $220,000, representing a 4.00% cap rate on the $5,500,000 asking price. The property benefits from its prime location at a busy intersection near the 405 Freeway, within the Hollywood Park redevelopment area, and enjoys excellent visibility. The ground lease expires February 28, 2028. The lease includes a unique provision for a 10% to 30% rent increase upon renewal, maximizing future returns. This drive-thru Starbucks operates in a high-income, densely populated area, promising strong long-term performance. The property is zoned commercial and has a Los Angeles County APN of 4001-020-033. This is a rare opportunity to acquire a high-performing, established asset with significant upside potential.

Property profile

Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 2017
Construction WOOD
Total area 888 SF
Lot 0.38 ac (16,752 SF)
Zoning code INC2YY
APN 4001-020-033
UPID US09-7579941

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Cafe & Coffee Shop

Location

1740 Centinela Ave Inglewood, CA 90302-1027
Inglewood metro Census 601301 LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$525k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$415k

Owner & transaction history

Zoning & alternative use

INC2YY · Inglewood, CA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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