Property History
Northmarq is pleased to offer for sale to qualified investors, the opportunity to purchase a single-tenant Starbucks property located at 4833 Candlewood Street in Lakewood, California. Starbucks Corporation has operated at this location continuously since 1999, demonstrating more than two decades of proven operating history within one of Southern California’s most established retail corridors. The lease currently runs through January 31, 2029, and includes two additional five-year renewal options with rental increases at each option period. The location is further strengthened by strong and improving sales performance, with year-end 2024 sales of approximately $2.83 million and year-to-date sales through July 2025 totaling approximately $1.58 million, reflecting continued customer demand and positive operating momentum. Positioned directly along Candlewood Street with two points of ingress and egress, the Property offers investors durable cash flow supported by long-term occupancy, solid unit-level performance, and a highly functional infill retail location.
Outstanding Sales Performance Supporting Durable Cash Flow
More Than Two Decades of Continuous Operations with Renewal Optionality
Prime Southern California Infill Location
Dominant Regional Trade Area
High-Visibility Candlewood Street Frontage
Institutional Retail Destination: Lakewood Center
Loan History
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