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Starbucks | Garden Grove, CA 13172 Garden Grove Blvd 1,500 SF Retail Building Garden Grove, CA 92843 $3,428,859 CAD ($2,285.91 CAD/SF) 4% Cap Rate
Investment Highlights
- Proven, Top-Ranked Location: 20-year track record of success at the location, which ranks in the top 4% of Starbucks locations nationally
- Four 5-year options remaining with 10% increases
- Phenomenal Freeway Off-Ramp Location: Signalized Intersection of Garden Grove Boulevard and Fairview Street with 71,500 CPD
- Approximately 1.5 years of lease term remaining; 10% rent increase on 10/1/2027, increasing to a 4.40% cap
- Absolute NNN Lease with no landlord responsibilities
- Located on the “Going to Work” side of Garden Grove Boulevard
Executive Summary
Property Facts
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- Accommodation and Food Services
- -
- -
- -
Starbucks began in 1971 in Seattle's Pike Place Market as a seller of fresh-roasted whole bean coffee, and the business became a coffeehouse in 1987. The company now serves a global footprint of coffeehouses and roastery reserves, with a business built around specialty coffee, coffee drinks, food, cups, and merchandise. Starbucks also has a growing presence in consumer-packaged goods and foodservice, extending the brand beyond cafés while keeping coffee sourcing and roasting at the center of the model. Community support, sustainability, and responsible sourcing remain part of the company's broader operating approach.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
|
Accommodation and Food Services | - | - | - |
Nearby Major Retailers
Property Taxes
| Parcel Number | 399-011-01 | Improvements Assessment | $492,390 CAD |
| Land Assessment | $2,116,254 CAD | Total Assessment | $2,608,644 CAD |
Property Taxes
Presented by
Starbucks | Garden Grove, CA | 13172 Garden Grove Blvd
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