Investment Highlights
Corporately Backed, Single-Tenant Location with High-Profile, Publicly Traded Starbucks (NASDAQ: SBUX/S&P ?BBB+?/Moody?s ?Baa1?)
Dynamic Demographics with High Average Household Incomes of Over $126,000 Within a 3-Miles Radius
Strong Tenancy: Annual Revenue Stream of Over $35 Billion Through 34,000 Locations Worldwide in 80 Countries
Historical High Success with Tenant Executing Early Renewals: 6 Yrs of Term Remaining (No Early Termination Rights) with (2) 5-Year Options to Extend
Small Price Point with Attractive 6.30% CAP Rate
Signalized Entrance to Freedom Drive with Excellent Frontage to Route 4/I-72 and Excellent Access and Visibility from Shadow Anchors
Executive Summary
Premier Location Positioned Directly In Front of Walmart Supercenter, Target, ALDI and Other High Traffic Generating Retailers with Other Complimentary Retailers Lining Route 4 Conveniently Located Directly Off Interstate 72 at the Intersection with Route 4: Traffic Counts of Nearly 83,000 VPD Surrounding the Property Upgraded Starbucks Exterior Featuring Brick, Stucco and Oversized Windows, Including Drive-Thru Lane, Patio and Highly Visible Monument Signage
