Newly Developed Starbucks Corporate | Cathedral City – NN Property

Starbucks Corporate Leased Investment Opportunity

Presenting a rare opportunity to acquire a newly developed Corporate Starbucks located in Cathedral City, California, just minutes from the highly desirable Palm Springs area. This premium net lease asset offers stable income backed by a globally recognized tenant with strong credit.

The property features a 10-year primary lease term with four (4) five-year renewal options, along with 10% rental increases every five years, providing excellent long-term income growth.

• Tenant: Corporate Starbucks (NASDAQ: SBUX, S&P: BBB+)
• Price: $2,948,000
• NOI: $166,571
• Cap Rate: 5.65%
• Lease Type: NN (Double Net)
• Building Size: 3,217 SF
• Land Area: 0.92 Acres
• Year Built: 2026

The landlord is responsible for roof, structure, building systems, and CAM, making this a relatively passive investment while still maintaining asset control under a fee simple ownership structure.

Located in a growing trade area, the property benefits from strong demographics, including a population of 95,632 and an average household income of $115,446 within a 5-mile radius.

This is an ideal opportunity for investors seeking a secure, long-term investment with a nationally recognized tenant and built-in rental escalations.