ATTRACTIVE LEASE FUNDAMENTALS - Corporate Guarantee from Credit Rated Tenant - 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 POSITIONED IN DENSE RETAIL NODE - Over 1.4MSF of retail space located in a 1-mile radius - According to - Retail vacancy within that same 1-mile radius is 1.3% - Nearby national retail tenants include: Walmart Supercenter, Roses Discount Store, Dollar Tree, ALDI, Food Lion, and more HIGH VISIBILITY ALONG HIGH TRAFFICKED CORRIDOR - Site is located in a QSR corridor with more than 10 QSRs positioned next to each other providing ancillary customers - Site is located off of busy S Main St (36,500 VPD) with easy access to the drive thru RECENT RENOVATION - Tenant has paid to retrofit the building to the newest Starbucks format - Warranties will be assigned to new owner CLOSE PROXIMITY TO HIGH POINT UNIVERSITY - Located just 4.5 miles from the site is High Point University - This university has over 6,500 students enrolled in person with 93% of students living on campus - High Point employs over 2,300 people making it the 22nd largest employer in the region