BRAND NEW 10-YEAR LEASE
- Corporate Guarantee from Credit Rated Tenant
- 10% rental increases every 5 years including options
- Four (4) - five (5) year options
- Minimal LL responsibilities
CORPORATE GUARANTEE FROM CREDIT WORTHY TENANT
- Starbucks has a S&P credit rating of BBB+
- Over 35,000 locations worldwide
- $30.3B Total Revenue
LOCATED IN AFFLUENT AND HIGH GROWTH TRADE AREA
- Average Household Income exceeds $130K in 1 and 3 mile radius providing high disposal income for consumers in area
- Adjacent to Anderson Reservoir Development, a 1,250 acre master planned mixeduse community providing 1,000 new homes in the immediate area
TOP-TIER SUNBELT MSA
- Greenville-Anderson-Mauldin MSA anchored by ~945,301 residents with 1.49% YoY growth
- Median household income of roughly $71,230 with that metric improving to $87,280 within a 1-mile radius of the site
- GSP international 12.3% YoY passenger growth
- Continued population migration from the Northeast and Midwest fuel infrastructure and investment
NEW CONSTRUCTION ON MAJOR INTERSTATE EXIT
- New build-to-suit Starbucks with drive through to service commuters off of I-85 (75,000 VPD)
- Transferable warranties in place, mitigating near-term capital expenditure for next owner
POSITIONED NEXT TO MARKET DRIVERS
- Daily demand from nearby Clemson University (29,565 total enrollment 2025)
- Over 3MSF of industrial space located in a 1-mile radius acting as major employment hubs and driving consumer demand in the trade area
- Nearby employer Prisma Health reports 32,000+ team members and 1.6M+ patients served annually
- BMWs plant in Spartanburg reported exports of ~225,000 vehicles in 2024 with an export value $10B