Description

In this episode of Net Lease TV on Tour Chris visits a newly developed Starbucks Corporate Leased Property in Cathedral City, California (Near Beautiful Palm Springs). The following are details of the Starbucks Net Leased Property for Sale; Tenant / Guarantor: Corporate Starbucks (Nasdaq - SBUX) S & P: BBB+ Address: 69050 Vista Chino, Cathedral City, CA 92234 List Price: $2,948,000 NOI: $166,571 (5.65% Cap) Lease Type: Net, Net Landlord Obligations: Roof, Structure, Building Systems and CAM. Cam: Talk to Agent about details. Primary Lease Term:10 Years Options: Four - 5 Year Rent Increases: 10% Every 5 Years & Options Square Feet: 3,217 Square Feet Land Area: 0.92 Acres Year Built: 2026 Parcel: APN TBD, Subdivision Est July 2026 Ownership: Fee Simple (Land & Building Ownership) Est Pop 2025: 5 Mile Radius 95,632 Est Avg Income 2025:5 Mile Radius $115,446 To submit a Letter of Interest with the listing agent and seller click on the link below; Submit Triple Net & Double Net Loan Request For Properties; https://www.marabellafinance.com/prop... For additional 7-Eleven and Net Lease properties for sale and financing information visit MCF's website at https://www.marabellafinance.com or call / text Christian Marabella at (760) 803-6464. For additional ideas for Net Lease TV on Tour or Net Lease TV call or email Christian Marabella at (760) 803-6464 and email is nnn@marabellafinance.com All information is not guaranteed expressed or implied. Potential buyer must verify all information.