-NNN Corporate-Guaranteed Starbucks (NASDAQ: SBUX) Offers Limited Landlord Responsibilities in a Passive, Investor-Friendly Structure
-Drive-Thru Outparcel Sits Just off US-131 Interchange Which Sees ±55,000 Cars Per Day
-Located in Maple Hill Pavilion Alongside Target, Hobby Lobby, and Marshalls, Delivering Daily Traffic in One of the City’s Most Established Retail Corridors
---Corporate-Guaranteed NNN Lease---
-Corporate Guaranty: Investment-Grade Credit Backed by ±$38.5 Billion in Annual Revenue and a ±$119 Billion Market Capitalization
-±9 Years of Lease Term Remaining, plus Four, Five-Year Options Offering Potential Occupancy through 2055
-10% Rental Increases Every Five Years Provide a Built-In Hedge against Inflation
-Over Two Decades of Continuous Operating History at This Specific Location Demonstrating Proven Site Performance
---Prime Retail Location in Kalamazoo's Main Street Corridor---
-Surrounded by a Dense Mix of National Retailers Including Chick-Fil-A, Chipotle, Five Guys, Kohl's, Lowe's, and Aldi, Reinforcing the Corridor's Draw as a Regional Shopping Destination
-Less than 3.5 Miles from Downtown Kalamazoo and ±3 Miles from Western Michigan University (17,000+ Students), Sustaining Year-Round Consumer Traffic
-Trade Area Supports ±107,709 Residents and ±$89,687 Average Household Income within 5 Miles
Broker of Record: Paul Kerber | License: MI 6502433613