New Starbucks Low Rent | Highway Exit 5228 Mahoning Ave

Investment Highlights

New Construction Starbucks Drive-thru Only Store with 9 Years Remaining in Austintown, OH (Youngstown MSA) Outparcel to Giant Eagle Grocery Store ? Busy Store with Multiple Decades of Operating History at Site 10% Rent Increase in March 2028 Adds 52 bps to CAP Rate; 10% Increases in Options Highway-Exit Location: Just 0.15-Mile from Route 11 Exit Ramps (30,928 VPD) Low Price Point Starbucks Due to Low Rent of Only $99,000 Drive-thru Only Store, Opened in September 2022 ? No Dining Room; Latest Prototype & Future of QSR Coffee Retail

Executive Summary

• Sale Type    Investment NNN
• Property Type    Retail
• Property Subtype    Fast Food Fast Food General Retail Freestanding General Retail Restaurant General Retail Storefront Fast Food
• Building Size    1,000
• Building Class    A
• LoopNet Rating    4 Star
• Year Built    2022
• Price    1,886,000
• Price Per SF    1,886
• Cap Rate    5.25
• NOI    99,000
• Tenancy    Single
• Building Height    1 Story
• Building FAR    0.04
• Land Acres    0.55 AC