Description

In this episode of Net Lease TV on Tour Chris visits a newly developed Starbucks that is for sale in Cerritos, California. The following are details of the Starbucks Net Leased Property for Sale; Tenant / Guarantor: Corporate Guaranteed Starbucks Property (S & P, BBB+) Address: 20280 Bloomfield Avenue, Cerritos, CA List Price: $6,838,999 NOI: $270,108 (3.95% Cap) Lease Type: NNN, Landlord, Roof, Structure and CAM. Subject to Tenant Reimbursement. Primary Lease Term:15 Years Options: 6 - 5 Year Rent Increases: Every 5 Years 10% Square Feet: 1,844 Square Feet Land Area: .52 Acres Year Built: 2024 Parcel Number: TBD Ownership: Fee Simple (Land & Building Ownership) Mansion Tax: None Est Pop 2023: 5 Mile Radius 599,122 Est Avg Income 2023:5 Mile Radius $127,558 To submit a Letter of Interest with the listing agent and seller click on the link below; https://www.marabellafinance.com/prop... Submit Triple Net & Double Net Loan Request For Properties; https://www.marabellafinance.com/get-... For additional Starbucks and Net Lease properties for sale and financing information visit MCF's website at https://www.marabellafinance.com or call / text Christian Marabella at (760) 803-6464. For additional ideas for Net Lease TV on Tour or Net Lease TV call or email Christian Marabella at (760) 803-6464 and email is nnn@marabellafinance.com All information is not guaranteed expressed or implied. Potential buyer must verify all information.