openPR Logo
Press release

Hanley Investment Group Arranges $4.3 Million Sale of New Starbucks Cafe and Drive-Thru in Azusa, Calif.

10-24-2025 12:42 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: ABNewswire

Hanley Investment Group Arranges $4.3 Million Sale of New

AZUSA, Calif. - Hanley Investment Group Real Estate Advisors, a nationally recognized real estate brokerage and advisory firm specializing in retail property sales, announced today the sale of a newly renovated, single-tenant Starbucks cafe and drive-thru in Azusa, California. The property sold for $4,314,000.

Hanley Investment Group's Executive Vice Presidents Bill Asher and Jeff Lefko represented the seller, California Icon LLC of Los Angeles. The buyer, MTSA Properties, LLC based in Glendale, was represented by Sheila Alimadadian of Marcus & Millichap in Irvine.

"We generated seven qualified, competitive offers and secured an all-cash Southern California-based 1031 exchange buyer," said Asher. "We procured a buyer on a pre-sale basis, prior to completion of construction, and negotiated a seven-day due diligence period, closing escrow shortly after the store opened for business."

The 3,800-square-foot Starbucks building, originally constructed in 1970 and renovated in 2025 to the company's newest prototype, sits on 0.81 acres at 843 Arrow Highway. The site is located at the signalized intersection of Arrow Highway and Lark Ellen Avenue, a high-traffic corridor with more than 41,000 cars per day.

The property features a cafe with interior seating, a patio, and a drive-thru, and is secured by a new long-term absolute triple-net lease with minimal landlord responsibilities, according to Asher.

Surrounding national retailers include 7-Eleven, El Super, Ross Dress for Less, Walmart, Lowe's, AMC, ALDI, Harbor Freight and others. The site is also located in a dense, infill area of the San Gabriel Valley, with more than 409,000 residents and average household incomes of $121,000 within a five-mile radius.

Starbucks Corp. (NASDAQ: SBUX), the world's largest coffeehouse chain, operates 41,097 stores across 84 countries and plans to grow to 55,000 globally by 2030. The company reported consolidated net revenue of $9.5 billion in the third quarter of 2025, a 4% increase from the same period a year earlier.

"Starbucks' recently announced plans to resume expansion in fiscal 2026 with two new store formats - a 32-seat cafe and drive-thru prototype with reduced build costs and a compact 10-seat urban cafe - reflect a strategic push to improve unit economics and unlock growth in more markets," said Asher. "This forward-looking approach reinforces investor confidence in the brand's adaptability and long-term value, particularly in high-density, infill locations like Azusa."

Hanley Investment Group is currently marketing three single-tenant Starbucks properties for sale in California. One of them is a newly renovated 1,650-square-foot cafe and drive-thru in Pomona, located in Los Angeles County, which features a rare 15-year primary lease term and is strategically located in close proximity to the Claremont Colleges, Los Angeles County Fairgrounds, and Pomona Valley Hospital.

To date, Hanley Investment Group has closed more than $714 million in Starbucks property transactions nationwide, including 17 Starbucks-occupied properties in California over the last 36 months.

About Hanley Investment Group

Hanley Investment Group Real Estate Advisors is a real estate brokerage and advisory services firm with a transaction track record exceeding $12 billion, specializing in the sale of retail properties across the United States. Our expertise, proven track record, and unwavering dedication to putting clients' needs first set us apart in the industry. Hanley Investment Group creates value by delivering exceptional results through the use of property-specific marketing strategies, cutting-edge technology, and local market knowledge. Our nationwide relationships with investors, developers, institutions, franchisees, brokers, and 1031 exchange buyers are unparalleled in the industry, translating into maximum exposure and pricing for each property. With unmatched service, Hanley Investment Group has redefined the experience of selling retail investment properties.

For more information, visit www.hanleyinvestment.com [http://www.hanleyinvestment.com/].

Media Contact
Company Name: Hanley Investment Group Real Estate Advisors
Contact Person: Bill Asher, Executive Vice President
Email:Send Email [https://www.abnewswire.com/email_contact_us.php?pr=hanley-investment-group-arranges-43-million-sale-of-new-starbucks-caf-and-drivethru-in-azusa-calif]
Phone: 949.585.7684
Address:3500 East Coast Highway, Suite 100
City: Corona del Mar
State: California
Country: United States
Website: https://hanleyinvestmentgroup.com/

Legal Disclaimer: Information contained on this page is provided by an independent third-party content provider. ABNewswire makes no warranties or responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you are affiliated with this article or have any complaints or copyright issues related to this article and would like it to be removed, please contact retract@swscontact.com



This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Hanley Investment Group Arranges $4.3 Million Sale of New Starbucks Cafe and Drive-Thru in Azusa, Calif. here

News-ID: 4236860 • Views:

More Releases from ABNewswire

New Jersey Living Trust Attorney Christine Matus Introduces Comprehensive Living Trust Guidance For Families Across New Jersey
New Jersey Living Trust Attorney Christine Matus Introduces Comprehensive Living …
Toms River, NJ - Christine Matus of The Matus Law Group (https://matuslaw.com/living-trust-attorney-nj/) is highlighting a clear path for residents seeking a New Jersey living trust attorney, presenting a step-by-step framework that streamlines trust creation, funding, and administration. Backed by nearly three decades of practice and a focus on accessible planning, the firm offers tailored revocable living trusts that keep assets under the grantor's control during life and enable efficient transfers
United States 3D Cell Culture Market Poised to Reach USD 2.26 Billion by 2030, Driven by Surge in Personalized Medicine and Biotech Innovation
United States 3D Cell Culture Market Poised to Reach USD 2.26 Billion by 2030, D …
Global 3D cell culture market valued at $1.18B in 2024, $1.29B in 2025, and set to hit $2.26B by 2030, growing at 11.7% CAGR. The 3D cell culture market [https://www.marketsandmarkets.com/Market-Reports/3d-cell-culture-market-191072847.html] is projected to witness remarkable expansion, reaching an estimated USD 2.26 billion by 2030 from USD 1.18 billion in 2024, growing at a compound annual growth rate (CAGR) of 11.7% during the forecast period (2024-2030). This growth trajectory underscores a transformative
Why Is Medical Equipment Maintenance Critical for Healthcare Operational Excellence?
Why Is Medical Equipment Maintenance Critical for Healthcare Operational Excelle …
The report "Medical Equipment Maintenance Market by Device (MRI, X-ray, CT, Ultrasound, Patient Monitoring, Dental Equipment), Provider (OEM, ISO), Service (Preventive, Corrective), Contract Service (Customized, Add-on), End User (Hospital, ASCs) - Global Forecast to 2030", is projected to reach USD 101.52 billion by 2030 from USD 60.68 billion in 2025, growing at a CAGR of 10.8% during the forecast period. According to market data, the global medical equipment maintenance market stood
Human Microbiome Industry to Hit $7.09B by 2031
Human Microbiome Industry to Hit $7.09B by 2031
Asia Pacific market is expected to grow at the highest CAGR, fueled by increasing awareness of microbiome health, the emerging healthcare and biotechnology industries, government support, and funding potential for personalized medicine in the region. The human microbiome [https://www.marketsandmarkets.com/Market-Reports/human-microbiome-market-37621904.html]-the trillions of microorganisms living inside the human body-is no longer just a topic for researchers. In 2025, it stands at the center of healthcare innovation, reshaping how we approach precision medicine, gut

All 5 Releases


More Releases for Hanley

Hanley Investment Group Facilitates Sale of Single-Tenant 7-Eleven in South Texa …
MCALLEN, Texas - Hanley Investment Group Real Estate Advisors, a nationally recognized real estate brokerage and advisory firm specializing in retail property sales, announced today that the firm arranged the sale of a single-tenant, 2,240-square-foot 7-Eleven convenience store located on a 0.19-acre parcel at 1020 South 23rd Street in McAllen, Texas. Hanley Investment Group's Vice Presidents Garrett Wood and Brad Dessy, in association with ParaSell, Inc., represented the seller, a New
Hanley Investment Group Sells 11 New Construction Strickland Brothers Properties …
CORONA DEL MAR, Calif. - Hanley Investment Group Real Estate Advisors, a nationally recognized real estate brokerage and advisory firm specializing in the sale of retail properties, announced the sale of 11 new construction, single-tenant Strickland Brothers 10 Minute Oil Change properties to individual buyers over the past 24 months. The transactions, which include five properties sold in the last five months, total $25 million. Hanley Investment Group's Executive Vice President
Hanley Investment Group Welcomes Two New Vice Presidents to Enhance National Pre …
CORONA DEL MAR & SAN DIEGO, Calif. - Hanley Investment Group Real Estate Advisors, a nationally recognized real estate brokerage and advisory firm specializing in retail property sales, is capitalizing on its 2025 momentum with the addition of two new vice presidents, Jacob Fahner and Ayda Kach. This strategic growth builds on key milestones, including the firm's 20th anniversary, Jeff Lefko's elevation to partner, and the successful launch of its
Hanley Investment Group Arranges Sale of Single-Tenant Jefferson Dental & Orthod …
AUSTIN, Texas - Hanley Investment Group Real Estate Advisors, a nationally recognized real estate brokerage and advisory firm specializing in retail property sales, announced today that the firm arranged the sale of a single-tenant net-leased property occupied by Jefferson Dental & Orthodontics in Austin, Texas. The sale price could not be disclosed. In the past 36 months, Hanley Investment Group has completed the sale of 73 dental and medical retail
Hanley Investment Group Arranges Sale of Neighborhood Shopping Center in Santa C …
SANTA CLARITA, Calif. - Hanley Investment Group Real Estate Advisors, a nationally recognized real estate brokerage and advisory firm specializing in retail property sales, announced today that the firm recently completed the sale of Stevenson Ranch Plaza in Santa Clarita, California. The 29,817-square-foot neighborhood shopping center features a mix of internet-resistant education, service and restaurant uses, anchored by Tutor Time. The seller, Catalyst Real Estate, based in San Francisco, California, was
Hanley Investment Group Facilitates Sales of Two Single-Tenant BrakesPlus in Tex …
NORTH RICHLAND HILLS & KILLEEN, Texas - Hanley Investment Group Real Estate Advisors, a nationally recognized real estate brokerage and advisory firm specializing in retail property sales, recently facilitated the acquisition of two single-tenant net-leased properties occupied by Brakes Plus in North Richland Hills and Killeen, Texas, in separate transactions. Hanley Investment Group's Vice President Garrett Wood represented the buyer, a Florida-based private 1031 exchange investor. "We represented a 1031 exchange