Starbucks property in San Bernardino changes hands

Hanley Investment Group Real Estate Advisors recently announced the sale of a single‑tenant Starbucks property in San Bernardino for $3,564,000.

The new‑construction drive‑thru‑only prototype is located at 291 East Hospitality Lane. The buyer was a local investor from Orange County. Hanley Investment Group’s Executive Vice President Bill Asher and Executive Vice President and Partner Jeff Lefko represented the seller.

“We procured a repeat Starbucks investor based in Southern California through a broker relationship and closed escrow on a rare Starbucks drive‑thru‑only prototype in the Inland Empire,” Asher said. “The combination of a new 15‑year lease, a prime freeway‑adjacent location and strong co‑tenancy resulted in premium pricing for this asset.”

Completed in 2025, the 1,200‑square‑foot building sits on a 0.58‑acre parcel and features a double drive‑thru designed to maximize operational efficiency and throughput, ideal for this very accessible and visible freeway location. The property is secured by a 15‑year corporate triple‑net lease, with no early cancellation clause and 10% rental increases every five years during the primary term and each of the four five‑year options.

The site benefits from a strategic, freeway‑adjacent location just off the Interstate 10 Freeway and the signalized intersection of Hospitality Lane and Waterman Avenue. It is co‑tenanted with a new Quick Quack Car Wash and is positioned adjacent to the Tri‑City Corporate Centre, a 153‑acre, 1.69‑million‑square‑foot master‑planned office, retail and hospitality district.

The surrounding area includes several major hotels, providing consistent daily traffic and strong synergy for the tenant. The Inland Empire continues to experience significant population and economic growth, with more than 257,000 residents within five miles and a daytime population of 142,440 within three miles.