Starbucks | 4316 Green River Rd
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Starbucks 4316 Green River Rd
965 SF 4-Star Retail Building Corona, CA 92878 £2,176,714 (£2,256/SF) 4.75% Net Initial Yield
INVESTMENT HIGHLIGHTS
- New 10-Year Corporate Lease with Starbucks (NASDAQ: SBUX)
- 10% Rental Increases Every 5 Years with Multiple Renewal Options
- Easily Accessible and Highly Visible Along Riverside FWY (279,000+ Cars per Day)
- 120,550 Residents within a 5-Mile Radius
- New 2024 Construction with a Drive-Thru
EXECUTIVE SUMMARY
Starbucks is the premier roaster, marketer and retailer of specialty coffee in the world, operating in 69 countries. Formed in 1985, Starbucks Corporation’s common stock trades on the NASDAQ Global Select Market (“NASDAQ”) under the symbol “SBUX.” The company purchases and roasts high-quality coffees that they sell, along with handcrafted coffee, tea and other beverages and a variety of fresh food items, through company-operated stores. Nestled in the heart of Southern California, Corona is a city that embodies the
perfect blend of business opportunities, a thriving community, and a rich cultural heritage. Corona is a vibrant, culturally diverse community located in the heart of Southern California at the junction of the 91 and 15 freeways with a population of over 160,000 residents.
perfect blend of business opportunities, a thriving community, and a rich cultural heritage. Corona is a vibrant, culturally diverse community located in the heart of Southern California at the junction of the 91 and 15 freeways with a population of over 160,000 residents.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Building Size
965 SF
Building Class
B
LoopNet Rating
4 Star
Year Built
2024
Price
£2,176,714
Price Per SF
£2,256
Net Initial Yield
4.75%
NOI
£103,388
Tenancy
Single
Number of Floors
1
Building FAR
0.06
Lot Size
0.39 AC
Zoning
NCD - NCD Neighborhood Commercial District
AMENITIES
- Signage
- Drive Thru
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 101-440-019 | Improvements Assessment | £8,112 |
| Land Assessment | £726,022 | Total Assessment | £734,134 |
PROPERTY TAXES
Parcel Number
101-440-019
Land Assessment
£726,022
Improvements Assessment
£8,112
Total Assessment
£734,134
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Starbucks | 4316 Green River Rd
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