New Construction: Brand-new, dual drive-thru properties featuring strong rental increases throughout the base term and option periods. Expected opening August 2025. Investment Grade Tenants: Starbucks (NASDAQ: SBUX, S&P: BBB+) and Taco Bell/Yum Brands! (NYSE: YUM, S&P: BB+) Dense infill-market: Over 816,000 residents within a 5-mile radius. FRANKLIN SQUARE, NY Starbucks Relocation: Tenant is relocating from a high-performing café-only location ranked in the top 94th percentile nationally. High Barrier to Entry: Complex and time-consuming entitlement and approval processes limit new tenant relocation opportunities. Affluent Market: $144,000 average household income within a 5-mile radius.