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Starbucks | Corporate Guaranty 69050 Vista Chino 3,217 SF Retail Building Cathedral City, CA 92234 $4,020,070 CAD ($1,249.63 CAD/SF) 5.65% Cap Rate
Investment Highlights
- Brand New 10-Year Starbucks Lease | Corporate Guaranty | Investment Grade Tenant S&P: BBB+ | NASDAQ: SBUX | Café & Drive-Thru
- Affluent and Dense Demographics | Coachella Valley: 14.4 Million Annual Visitors with $7.4 Billion in Annual Visitor Spend
- 61,000 VPD Intersection | Directly off I-10 Off Ramp (106,000 VPD) | Pylon Sign Visible from Freeway
- First Rest Stop in Coachella Valley
Executive Summary
• 10-year lease with 10% rental increases every 5 years
• Corporate Guaranty Starbucks Corp., an Investment Grade Tenant
(NASDAQ: SBUX | S&P: BBB+)
• Largest coffeehouse chain globally with +/-40,990 stores in 87 countries
• NN Lease – Starbucks pays for CAM, taxes, insurance and maintains most aspects of the premises. Landlord responsibilities limited to roof, structure, building systems, and CAM (CAM expenses reimbursed by tenant)
• Ideal, low-management investment for a passive investor
• Corporate Guaranty Starbucks Corp., an Investment Grade Tenant
(NASDAQ: SBUX | S&P: BBB+)
• Largest coffeehouse chain globally with +/-40,990 stores in 87 countries
• NN Lease – Starbucks pays for CAM, taxes, insurance and maintains most aspects of the premises. Landlord responsibilities limited to roof, structure, building systems, and CAM (CAM expenses reimbursed by tenant)
• Ideal, low-management investment for a passive investor
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Fast Food
Building Size
3,217 SF
Year Built
2026
Price
$4,020,070 CAD
Price Per SF
$1,249.63 CAD
Cap Rate
5.65%
NOI
$227,146 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
0.92 AC
Zoning
PCC - Planned Community Commercial
Parking
21 Spaces (6.53 Spaces per 1,000 SF Leased)
Frontage
63’ on Vista Chino
Amenities
- Corner Lot
- Signalized Intersection
- Drive Thru
- Monument Signage
Somewhat walkable
30/100
Exceptionally drivable
100/100
Minimal public transit
10/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 670-030-034 | Improvements Assessment | $0 CAD |
| Land Assessment | $159,520 CAD | Total Assessment | $159,520 CAD |
Property Taxes
Parcel Number
670-030-034
Land Assessment
$159,520 CAD
Improvements Assessment
$0 CAD
Total Assessment
$159,520 CAD
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Starbucks | Corporate Guaranty | 69050 Vista Chino
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