2567 Commerce Pkwy Barstow, CA 92311
- Commercial real estate
- 0.62 lot acres
Current Use by Public Records
- Freddy's Frozen Custard & Steakburgers / Fast Food Restaurant
Property Details for 2567 Commerce Pkwy
- Year built
- 2024
- Lot size
- 0.62 lot acres
- Property type
- Commercial real estate
- APN
- 6332-015-028
Description
This exceptional investment opportunity features a brand-new, 1,237 sq ft Starbucks in Barstow, CA. Built in 2024, this single-tenant, NNN-leased property boasts a 10-year lease with a 5.25% cap rate and $205,000 NOI. The property includes a rare 24-car drive-thru stacking line, strategically located on Commerce Pkwy with high visibility from I-15, benefiting from over 86,000 cars passing daily. The location is a top performer for Starbucks, ranking in the 97th-98th percentile nationwide. Rent bumps are structured as $18,750 in year 6, with four 5-year options at 10% increases each. The 0.62-acre lot features a 65-foot pylon sign facing I-15, ensuring maximum visibility. This is a rare opportunity to acquire a high-performing Starbucks in a high-traffic, high-barrier-to-entry market, benefiting from the significant annual traffic on I-15, a major artery for travel between Los Angeles, Las Vegas, and San Diego. The property's strong financial performance, coupled with the established brand recognition and prime location, makes this an attractive investment for discerning buyers. The lease includes no early termination rights, providing long-term stability and predictable cash flow.
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
- Barstow
- County
- San Bernardino
- State
- California
- Longitude
- -117.08645103753
- Latitude
- 34.856251378993
