Lafayette, LA - Starbucks

Description:

• Starbucks corporate signed lease
• Recently signed an extension with four (5-year) options, demonstrating their long-term commitment to the site
• Starbucks, one of the world’s largest coffee brands with over 40,200 locations globally, carries an investment-grade credit rating of BBB+ (S&P)

• The site is located in close proximity to the University of Louisiana at Lafayette, which has over 19,000 students enrolled, driving strong consumer traffic to the area
• The asset benefits from its strategic location near Lafayette Regional Airport, which serves over 400,000 travelers annually
• The Starbucks is located within a strong retail corridor surrounded by national/credit tenants such as Walmart Supercenter, TacoBell McDonald’s, Raising Cane’s, Whataburger, Albertsons, Crumbl Cookies, and more
• The tenant is located near a signalized hard corner intersection at E. Kaliste Saloom Road and W. Pinhook Road
• Strong tenant synergy promotes crossover shopping to the subject property

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Listing ID: a28TP000001lbDFYAY