Investment Overview

Marcus & Millichap is pleased to present an exceptional investment opportunity: a newly constructed, Starbucks Drive-Thru anchored multi-tenant retail center in one of Bellflower’s most dynamic corridors. Completed in 2024, this property offers superior visibility, prominent signage, and convenient ingress and egress, making it a prime destination for daily consumer traffic. The centerpiece of the center is a Starbucks Drive-Thru featuring an 11-car stacking lane and ample parking, ensuring strong customer flow and operational efficiency. The property is current tenancy comprised entirely of internet-resistant, essential quick-service restaurant tenants, including Starbucks, Wing Zone, Firehouse Subs, and Cassidy’s Corner. These tenants cater to dine-in, drive-up, and drive-thru needs, providing stability and resilience in today’s evolving retail landscape. Investors will benefit from a true NNN lease structure, with all tenants responsible for repairs, maintenance, and capital expenditures, minimizing landlord obligations and ensuring predictable cash flow. Additionally, there is significant upside potential through the lease-up of a remaining 1,900 square feet vacancy, which could increase returns to a projected cap rate exceeding 6.68 percent. Strategically located in an active development corridor, the property is surrounded by new and upcoming projects, including a recently completed Chipotle Drive-Thru and the proposed Bellflower Blvd Shops. The area continues to attract major brands such as Dutch Bros, Habit Burger, 7-Eleven with gas, and EV charging stations, reinforcing the long-term growth trajectory of this retail hub. Positioned at a highly trafficked, signalized intersection on Bellflower Boulevard, the center benefits from over 27,000 cars per day, with direct connectivity to the CA-91 Freeway carrying more than 274,000 cars per day. The surrounding trade area boasts robust demographics, with over 680,000 residents within a five-mile radius and an average household income of $111,367, ensuring strong consumer demand for years to come. This offering represents a rare opportunity to acquire a newly built, Starbucks-anchored retail asset in a thriving Southern California market with minimal management responsibilities and compelling upside potential.