RARE, 15-YR & NNN LEASE STRUCTURE
- NNN lease with no annual maintenance and responsibilities limited only to GAAP denied Capital Repair and Replacement
CORPORATE GUARANTY FROM INVESTMENT GRADE TENANT
- Starbucks has a Market Cap of$94.04B with over 40,199 locations worldwide (S&P: BBB+)
RECENTLY CONSTRUCTED
- New construction should limit an owner’s exposure to capital repairs during the hold period
ATTRACTIVE RENTAL INCREASES
- 10% rent increases every 5 years including option periods with no early termination
EXCELLENT EXPOSURE ALONG MAIN THOROUGHFARE
- Located just o? Interstate 57 that sees 30,000 VPD and is adjacent to the signalized intersection that sees 27,000 VPD
STRONG MARKET & CO-TENANCY
- The asset is located in a major retail submarket home to notable retailers Walmart, Petsense, and Tractor Supply