Reno, NV - Starbucks

Description:

• The site features brand new 2026 construction and the lease is signed by Starbucks Corporation (S&P: BBB+)
• The tenant recently signed a brand new 10-year lease with 4 (5-year) options to extend, demonstrating their long-term commitment to the site
• The lease features 10% increases every 5 years and at beginning of each option period, providing an investor with a hedge against inflation
• Starbucks has more than 40,000 stores worldwide, the company is the premier roaster and retailer of specialty coffee in the world

• The asset is located at the signalized, hard corner intersection of Keystone Avenue and Booth Street which supports more than 27,000 vehicles daily
• The site benefits from nearby access to Interstate 80 (111,000 VPD) and Highway 647 (10,800 VPD), making this an ideal centralized location
• The site is within close proximity to multiple national/credit tenants including Save Mart, CVS, Ace Hardware, In-N-Out, Anytime Fitness, and more

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Listing ID: a28TP000002NKUkYAO