Starbucks 2140 N Jupiter Rd

Investment Highlights

Corporate guarantee from credit worthy tenant Strong demographics, 5-mile population is over 380K people with a HH income of nearly $100K Dallas-Forth Worth MSA is the 4th largest MSA in the U.S. Home depot outparcel on dense commercial corridor New construction of relocated store

Executive Summary

Corporate Guarantee From Credit Worthy Tenant - Starbucks has a S&P credit rating of BBB+ - Over 35,000 locations worldwide - $30.3B Total RevenueHome Depot Outparcel on Dense Commercial Corridor - Located at the intersection of Jupiter Rd (33,420 AADT) and Buckingham Rd (30,800 AADT) - Over 1.1MSF of Retail Space in a 1-mile radius (2.8% Vacancy) - Neighboring Retailers: Lowe's HI, Target, ROSS Dress for Less, Petco, Big Lots!, Aldi, and Walmart Neighborhood MarketNew Construction of Relocated Store - Recently delivered building with warranties in place - Relocation Store with Proven Sales - This Store has Drive-Thru and Larger ParcelStrong Demographics - 5-Mile Population Over 375K people - Average HH Income Over $90KDallas-Fort Worth MSA - The Dallas-Forth Worth MSA is the 4th largest MSA in the U.S. - DFW had the largest numeric population gain in 2022 with 19,170 people moving there

• Sale Type    Investment NNN
• Property Type    Retail
• Property Subtype    Fast Food
• Building Size    2,015
• Building Class    B
• Year Built    2023
• Price    2,301,000
• Price Per SF    1,142
• Cap Rate    5.65
• NOI    130,007
• Tenancy    Single
• Building Height    1 Story
• Building FAR    0.06
• Land Acres    0.72 AC