ATTRACIVE LEASE FUNDAMENTALS
- 10% rental increases every 5 years including options
- Six (6) - five (5) year options
- Minimal LL responsibilities
CORPORATE GUARANTEE FROM CREDIT TENANT
- Starbucks has a S&P credit rating of BBB+
- Over 35,000 locations worldwide
- $30.3B Total Revenue
ONLY DRIVE THROUGH COFFEE CONCEPT IN LOW VACANCY MARKET
- Only Drive Through Coffee Concept in market
- Over 525K SF of retail space in a one mile radius
- Site is positioned before the retail center Windsor Square
- The highly visited center is anchored by CVS and boasts credit tenants such as ABC Store, Bank of America, and more
CLOSE PROXIMITY TO GASTON COLLEGE
- Site is located under a mile just north of Gaston College
- The public university has over 5,500 students enrolled and employs more than 400 employees
- Close proximity to this school provides the Starbucks with a built in customer base as it is the closest coffee option to the school
NEW CONSTRUCTION OFF OF MAJOR HIGHWAY
- New build-to-suit Starbucks
- Warranties will be assigned to the new owner
- Tenant has paid to add specific capital improvements to enhance operational performance
- The site is located directly off of Hwy 321 (48.5K VPD) , a major commuter route connecting I-85 & I40
CHARLOTTE MSA TAILWINDS
- Located in Dallas, NC, less than 30 Miles from Charlotte, NC, the Site benefits from Charlotte’s population growth
- Charlotte, NC ranked #5 in fastest growing Metros
- This property will be a direct beneficiary of the rapid expansion that Charlotte and the surrounding areas continue to experience