Starbucks | Calabasas, CA

 

4955 Las Virgenes Rd, Calabasas, CA

$6,185,000

  • New 15-Year Corporate Lease - Starbucks Corporation lease with no termination rights and four (4) five-year renewal options

  • Rare Drive-Thru Entitlement - One of only three drive-thru properties in the City of Calabasas; no new drive-thrus permitted since 1998

  • High-Traffic Freeway Location - Just off Las Virgenes Rd exit of U.S. 101 (Malibu Canyon), a key commuter and tourist corridor

  • 10% Rent Increases Every 5 Years - Fixed rental growth throughout the base term and options enhances long-term yield

  • Affluent, Supply-Constrained Trade Area - Median home values exceed $2 million and household incomes average nearly $200,000

  • Fully Renovated Structure - Delivered turnkey in 2025 with modern infrastructure and no anticipated near-term capex

 
 
Jonathan Krikorian, Clark Everitt, William Everitt, NNNJonathan Krikorian