Starbucks Drive-Thru Pad to Target | 22438 Golden Springs Dr
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Starbucks Drive-Thru Pad to Target 22438 Golden Springs Dr
4,767 SF 100% Leased Retail Building Diamond Bar, CA 91765 $4,670,000 ($980/SF) 5% Cap Rate
Investment Highlights
- Highly Desirable Outparcel to Regional Los Angeles County Target Anchored Center Serving Diamond Bar, Chino Hills, City of Industry, and Walnut
- High-Traffic Signalized Intersection Location at Grand Avenue and Golden Springs Drive (55,000 Cars Per Day)
- Minutes from the Industrial Hub of The City of Industry; Strong Daytime Pop: Has 3,000 businesses, 155 million sq ft industrial buildings
- Rare San Gabriel Valley Starbucks Drive-Thru Endcap, Multi-Tenant Pad Investment Opportunity
- Immediately Adjacent & Easily Accessible for Morning Commuters via Lavender Ave (from Grand Avenue) On Way to 57/60 Fwy (347,000 Cars Per Day)
- Dense, Infill Diamond Bar Location; San Gabriel Valley Submarket: 230,000+ population in a 5-mile radius | $126,000+ AHHI in a 3-mile radius
Executive Summary
Rare San Gabriel Valley Starbucks Drive-Thru Endcap | 100% National Tenants
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
4,767 SF
Building Class
B
Year Built
2016
Price
$4,670,000
Price Per SF
$980
Cap Rate
5%
NOI
$233,424
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.16
Land Acres
0.70 AC
Zoning
RC
Frontage
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 8293-045-130 | Improvements Assessment | $2,418,112 |
Land Assessment | $1,949,782 | Total Assessment | $4,367,894 |
PROPERTY TAXES
Parcel Number
8293-045-130
Land Assessment
$1,949,782
Improvements Assessment
$2,418,112
Total Assessment
$4,367,894
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Starbucks Drive-Thru Pad to Target | 22438 Golden Springs Dr
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