Investment Highlights
Starbucks-Excellent Store Opening | Corporate / Investment Grade Credit
New 10 Year Leases With Strong Rental Increases Every 5 Years
Outparcel To Dominant Georgia Grocery Anchored Community Center
AFC Urgent Care ? Strong Grand Opening ?State of the Art Diagnostics
New Caf? Prototype and Drive-Thru Concept for Starbucks
Only Starbucks Drive thru Location within a Nearly 3 Mile Radius
Executive Summary
Georgia Broker of Record - Leon Novak, CCIM, The Trilogy Group, License No. 6506Faris Lee Investments is pleased to present the unique opportunity to acquire a trophy 2 tenant investment grade offering - Starbucks and American Family Care (AFC) Urgent Care. Starbucks maintains an S&P Rating of BBB+ and is the largest coffee chain in the world with over 30,000 locations, $29 billion in assets, and a market capitalization of approximately $107 billion. Starbucks opening exceeded expectations. With their new caf? prototype concept with over 300 locations nationally, AFC Urgent Care is an industry leader in urgent care clinics. The investment offers an extremely secure income stream and boasts brand new construction completed in 2023.Starbucks and AFC Urgent Care benefit from an irreplaceable location with ?28,000 vehicles per day on W. Walnut Avenue (Hwy 52). The location is an outparcel to a grocery anchored shopping center. Retailers within the shopping center which provide a tremendous customer draw to the area include Food City, Ross, PetSmart, Ulta Beauty, AT&T, and Crumbl Cookie to name a few. The tenants also benefit from strong demographics within the immediate area featuring $102,000 AAHI within a 1 mile radius and more than 106,000 people residing within a 10 mile radius.
