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1740 Centinela Ave, Inglewood, CA, 90302

Starbucks
$5,500,000

Key Information

Cap Rate
4%
$ per SF
$5,882
Lot Size
0.39 Acres
Year Built
2017
Term Remaining
±12.5 Yrs
Type
Retail
NOI
$220,000
Leasable Area
880

Highlights

  • Prime Absolute NNN Ground Lease – Freestanding Starbucks secured by a newly executed 12.5-year absolute NNN ground lease with two (2) five-year extension options, offering long-term cash flow stability and residual land value.
  • Investment-Grade Credit Tenant – Lease guaranteed by Starbucks Corporation (NASDAQ: SBUX), an investment-grade tenant with a global footprint exceeding 40,199+ locations and a proven commitment to ground lease occupancy.
  • Structured Rent Growth – Lease features 10% rental escalations every five years during the initial term, with a fair market rent reset at the first option and an additional 10% increase at the second, supporting income growth and inflation hedging.
  • Zero Landlord Obligations – Absolute triple-net structure eliminates all landlord responsibilities, delivering a truly passive, management-free investment.
  • High-Profile Corner Location – Situated at the signalized intersection of La Cienega Boulevard and Centinela Avenue, a high-traffic corridor with approximately 131,000 vehicles per day, providing superior visibility and accessibility.
  • Proximity to Major Freeway – Strategically located less than 0.75 miles from the I-405 Freeway, the most heavily traveled freeway in the nation, with nearby segments exceeding 334,000 vehicles per day.
  • Dynamic Inglewood Submarket – Positioned within a rapidly evolving trade area anchored by major developments including SoFi Stadium, Hollywood Park, The Forum, and the under-construction Intuit Dome; supported by a dense residential base of over 284,000 residents and 105,000 households within a 3-mile radius.

Photos

Location

Agents

Broker of Record

David Harrington

License # 02168060 (CA)
Matthews
2321 Rosecrans Ave., Suite 1225, El Segundo, CA 90245