Starbucks

Highlights:

• 8+ years remain on a corporate net lease with 7.50% increases every five years of base term and options
• 2024 build-to-suit construction with drive-thru
• Corporate lease backed by investment grade tenant with (NASDAQ: SBUX, S&P: BBB+)
• Starbucks is the largest coffee retailer in the world with 40,000+ locations globally across 80+ countries
• FY 2025 net revenues of $37.2 billion, representing 3% year-over-year growth
• Strategically located along Interstate 30, providing direct connectivity between Little Rock and Texarkana
• The Central Arkansas region is emerging as a major hub for AI and data center infrastructure, highlighted by a $6+ billion hyperscale data center development near Little Rock, just 45 minutes away (with potential to exceed $20 billion)

Description:

This corporate Starbucks lease features 7.50% rent increases every five years throughout the base term, as well as at the commencement of each of the four (5-year) option periods. The property is strategically positioned just off I-30 which has traffic counts exceeding 55,000 vehicles per day, in close proximity to a Walmart Supercenter, McDonald’s, and other national retailers.

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