Starbucks was founded in Seattle, Washington in 1971. Starbucks Corporation is an American coffee company and coffeehouse chain. Read Additional Thought Leadership Content From SIG, Specializing in Absolute Triple Net Lease Opportunities Maxx, Dunkin’, Bank of America, Nike, Barnes and Nobles, McDonald’s, Panda Express and More

Nearby Tenants Include: Macy’s, Dillard’s, JCPenney, Chipotle, Home Depot, Forever 21, Target, CVS Pharmacy, Old Navy, T.J.

Strong Traffic Counts – Approximately 32,000+ Cars Per Day.

High Income Demographics – Average Household Income Over $96,977 Within a 5-Mile Radius.

Extremely Dense Population Base – Over 226,005 People Within a 3-Mile Radius.

2 Blocks From Glendale Galleria Shopping Mall With More Than 1.6 Million Square Feet of Retail Space.

Located Within Blocks of The Iconic Americana at Brand – A World-Class Retail, Restaurant, Entertainment and Residential Destination It Features Over 80 Retail Shops and Entertainment Tenants, 100 Condominiums and Over 240 Luxury Apartments.

Company Showing Continued Growth of Digital Customer Relationships – Starbucks Rewards Loyalty Program Increased Over 2.5 Million in the First Quarter of 2021ĬORE INFILL TROPHY DOWNTOWN GLENDALE LOCATION.

Starbucks is the World’s Largest Coffeehouses Chain Featuring Over 32,938 Locations Globally.

Drive-Thru Window and Outdoor Patio Seating Area – Protects Business Against Future Potential Lockdowns.

New Lease Commenced and Store Opened During Pandemic Demonstrating Strength of Concept and Tenant.

PANDEMIC, RECESSION & INTERNET RESISTANT TENANT

Corporate Guaranteed Lease – Investment Grade Security (NASDAQ: SBUX).

10% Increase Every 5 Years Providing Hedge Against Inflation.New 15 Year Triple Net (NNN) Lease With Minimal Landlord Responsibilities.With 10% Increases Every 5 Years and Minimal Landlord Responsibilities, This Investment Offers a Long-Term Secure Income Stream, Hedge Against Inflation With a Pandemic, Recession and an Internet Resistant Tenant. Situated Within a Couple of Blocks From the Glendale Galleria and The Americana at Brand Shopping Mall, This Truly is a Trophy Location. This Property Has a New 15 Year Lease Term With an Investment Grade Credit Guarantee. Starbucks is the World’s Largest Coffeehouse Chain Featuring Over 32,938 Locations in 80 Countries.

Sands Investment Group is Pleased to Exclusively Offer For Sale the Brand-New Starbucks Triple Net Lease Investment Opportunity Located at the 241 North Central Avenue in the Heart of Downtown Glendale, California. Lease Expiration: Lease Type: NNN Rental Increases: 10% Every 5 Years

Drive thru starbucks glendale ca