CBRE Arranges $8.25 Million Sale of Newly Constructed Starbucks in Torrance, California

CBRE has arranged the sale of a new, freestanding Starbucks with a drive‑thru in Torrance, California, to Madrona F&F, LLC, for $8.25 million.

CBRE’s Alex Kozakov and Patrick Wade represented the seller in the transaction, CB Arcadia Partners, an affiliate of Calbay Development.

Delivered in 2025, the 2,400‑square‑foot Starbucks sits on 0.92 acres at 23865 Hawthorne Blvd. The property features an efficient drive‑thru layout with a large queuing capacity that can accommodate up to 20 vehicles, plus a full size café format with indoor and outdoor seating, and a layout designed to support high‑volume traffic. The property is leased to Starbucks on a long‑term triple-net lease. The Project entailed the successful redevelopment by Calbay of a former bank branch site that had gone vacant in 2021.

Located at the intersection of Hawthorne Boulevard and Pacific Coast Highway, the property benefits from 86,000 cars per day and strong visibility within a dense trade area, according to CBRE research. More than 182,000 residents and a daytime population exceeding 207,000 live or work within three miles of the property.

“This new Starbucks location sits at one of the most visible and high‑traffic intersections in the South Bay,” said Alex Kozakov, executive vice president at CBRE. “Strong demographics, exceptional drive‑thru efficiency and long‑term stability made this an attractive investment.”

The property is positioned within the Hawthorne Boulevard Corridor Specific Plan area, a commercial district anchored by major retailers, medical centers and ongoing multifamily development.