2595 Stearns St | Simi Valley, CA 93063
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- LoopNet Team
2595 Stearns St
Simi Valley, CA 93063
Brand New STNL Corporate Starbucks 15 Yr Term · Retail Property For Sale
Investment Highlights
- Corporate Guaranteed Investment – 100% NNN leased to Starbucks Corporate, with a rare 15 year term and no early termination clause.
- Directly adjacent to the 118 Freeway, on the “going to work side” with traffic counts exceeding 118,000 cars per day.
- Signalized Corner Location with Strong Traffic Counts and Excellent Exposure on Bernard Street and Stearns Street with traffic counts exceeding 25,000
- New Construction | Completion expected September/October 2022
- Starbucks Corporate is the largest coffee chain in the world with over 33,833 stores in 84 countries. The company reported $29B of revenue in 2021
- Dense, Infill Area with 108,511 Residents Within Five Miles | Strong Average Household Income of $125,092 Within Five Miles
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
2,007 SF
Building Class
C
Year Built
2022
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
0.69 AC
Zoning
RE
Parking
22 Spaces (10.96 Spaces per 1,000 SF Leased)
Amenities
- Corner Lot
- Dedicated Turn Lane
- Freeway Visibility
- Pylon Sign
- Restaurant
- Signage
- Signalized Intersection
- Drive Thru
- Monument Signage
PROPERTY TAXES
| Parcel Number | 625-0-170-130 | Improvements Assessment | $581,040 |
| Land Assessment | $1,825,902 | Total Assessment | $2,406,942 |
PROPERTY TAXES
Parcel Number
625-0-170-130
Land Assessment
$1,825,902
Improvements Assessment
$581,040
Total Assessment
$2,406,942
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