9775 Sheep Creek Rd, Phelan, CA 92371 For Sale

This offering presents a brand-new construction, built-to-suit Starbucks located in Southern California, featuring the company’s latest prototype design. The double drive-thru is built to accommodate high customer volume and long-term operational efficiency. The property is secured by a new 10-year triple net lease providing stable, passive income with limited landlord responsibilities, complemented by four additional 5-year option periods and regularly scheduled rental increases. Starbucks (NYSE: SBUX) holds a BBB+ investment grade credit rating from Standard & Poor’s, providing investors with an investment grade asset.

Strategically positioned on a high-visibility signalized corner with traffic counts exceeding 11,100 vehicles per day, the site benefits from strong consumer exposure and is surrounded by national retailers including McDonald’s, Stater Bros., 7 Eleven, and Dollar General, driving consistent traffic to the area. As the only Starbucks within a 10-mile radius, the property captures demand from a large and expanding trade area. The location is further supported by strong local demographics, including average household incomes of approximately $90k within a 5-mile radius and proximity to three schools with a combined enrollment exceeding 3,100 students. Situated within the Riverside-San Bernardino-Ontario MSA, one of the fastest growing regions in the United States with over 4.65 million residents, this asset offers a compelling opportunity for long term, passive investment in a high growth market.