Property History
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Starbucks Featuring 10% Rental Increases Every 5 Years throughout the Initial Term and Options. Brand New 2024 High Quality Construction w/ Drive-Thru.
Features Easy Access and Freeway Visibility - Located at a Signalized Intersection with Daily Combined Traffic Counts Exceeding 18k Vehicles. Immediate Access to/from I-215 and CA-60 (247k+ VPD).
Starbucks has a S&P Investment Grade Credit Rating of “BBB+” and is Ranked #125 on the Fortune 500 List with an Annual Revenue of more than $35.97 Billion.
Densely Populated and Affluent Area: Features an Average Household Income of more than $108k within a 1-Mile Radius and over 241k People Residing within a 5-Mile Radius.
Near University of California Riverside - a Public Research University known for its Diverse Programs and Inclusive Community. Enrolls around 26k Students, offering Strong Programs in Sciences, Engineering, Business, and Humanities.
Immediate Area Experiencing Major Growth: Near Several Large Housing/Retail Developments Under Construction. Tremendous Growth among the last 15 Years within the Industrial Base along CA-60 and Interstate-215 (5.76% Annual Growth Rate).
Minutes from Moreno Valley Mall - a Popular Shopping Center featuring Major Retailers, Dining Options, and Entertainment Venues. It Serves as a Community Hub with Stores, a Food Court, and a Theater, Attracting Visitors of all Ages.
Located w/in a Thriving Daytime Population, Fueled by Nearby Corporate Expansions and UC Riverside’s Dynamic Campus. This Area Provides Access to a Skilled Workforce of 1M+ People w/in 20 Miles, driving Sustained Economic Vitality. In Close Proximity to the Sycamore Canyon Business Park, home to Numerous Offices and Industries, which brings in a Steady Flow of Professionals Throughout the Week.
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