Woodstock, GA - Caribou Coffee

Description:

• The tenant, Caribou Coffee Operating Company Inc., has 9+ years remaining with 3 (5-year) options to extend, demonstrating their commitment to the site
• The lease features a 12.50% rental increase during year 6 of the initial term and at the beginning of each option period, growing NOI and hedging against inflation
• The lease is signed by the corporate entity
• Caribou Coffee is a well-known and established coffee chain with more than 800 coffeehouses worldwide

• The site is ideally located in a dense retail corridor, with numerous nearby national/credit tenants including Target, Lowe’s, Home Depot, BJ’s, Ulta, Raising Cane’s, Chick-fil-A, Chipotle, Kohl’s, and many more
• Strong tenant synergy increases consumer draw to the immediate trade area and promotes crossover store exposure to the site
• The asset is in close proximity to The View at Woodstock (320 units) and Station 92 (272 units), further increasing consumer traffic to the site

---

Report Listing This listing was syndicated through:

Listing ID: a28TP000003RQ4jYAG