Bang Realty is pleased to bring to market a newly constructed single tenant Starbucks investment offering strategically located as an outparcel pad to Lake Mead Crossing, a recently constructed Target anchored power center in Henderson, Nevada. The offering is an ideal 2,110 sq. ft. building which provides its customers with the convenience of café (indoor and patio seating) and drive thru. The investment offers a new 10 Year lease term (no early termination) with an extremely rare 9% rent increase in Year 3 and a 10% rent increase in Year 6. The accelerated increases provide an investor rapidly increasing cash flow as well as a realistic opportunity for value appreciation much sooner than many single tenant investments. Unlike many single tenant investment properties with a drive thru, the lease is backed by a corporate lease of a publicly-traded company. Founded in 1971, Starbucks is the world’s premier roaster and retailer of specialty coffee. The company operates more than 40,000 stores worldwide and reported revenues of $36.1 Billion for the fiscal year ending September 29, 2024. Starbucks remains one of the most recognizable brands in the world and boasts 33.8 million members in its rewards loyalty program, representing a 4% year over year increase. The strength of the company demonstrated with an investment grade S&P Credit Rating of BBB+. This Starbucks location will benefit from being located within the Lake Mead Crossing, a daily needs power center anchored by Target, Sprouts, Ross and others. The city of Henderson is immediately adjacent to Las Vegas and boasts a diverse and growing economy featuring major employers Amazon, Google, and Haas Automation. The greater Las Vegas MSA has experienced a 2.9% annual growth for the past 10 years with a median age of 39 demonstrating a young and growing population base. In addition to the growing population base, a zip code in Henderson recently recorded a median home price of $2.1 million, the highest in Las Vegas MSA. Henderson’s growing population and economy coupled with an affluent residential base provide an ideal environment for Starbucks to operate and serve its vast customer base.