STARBUCKS (NEW 10 Yr. LEASE) – GRAND ISLAND, NE

Highlights:

• BRAND NEW 10-YEAR LEASE (NO EARLY TERMINATION: Brand new 10-year lease to Starbucks Corporation with attractive 10% rental escalations every 5 years!
• CORPORATE TENANT: Starbucks Corporation (NASDAQ: SBUX | S&P BBB+ Credit Rating | Moody’s Baa1 Rating) operated over 40,000 locations worldwide
• BRAND NEW CONSTRUCTION: Brand new, build-to-suit construction to Starbucks newest prototype - slated to open June 2025 - Property features an impressive double drive-thru with a 16-car stack
• TRAFFIC COUNTS/HARD CORNER | PRAIRIE COMMONS: Strategically positioned at the northeast hard corner of Rae Rd and Tom Osborne Pkwy, with a high visibility traffic count of 23,142 CPD, this large ±1.315-acre parcel is part of the dynamic Prairie Commons development - a 108-acre mixed-use project featuring prominent tenants such as Grand Island Regional Medical Center, Tabitha Senior Living, Prairie Commons Medical Office, Allen Capital Group/Unity Eye Care, SpringHill Suites, the 44-unit Prairie Commons Apartments, and Chief Industries HQ
• 2024 AFFLUENT DEMOGRAPHICS: Total Population (5MI): 53,865 | Average Household Income (1MI): $135,439

Description:

Starbucks has a Brand new 10-year lease with Starbucks Corporation with attractive 10% rental escalations every 5 years! The Tenant, Starbucks Corporation (NASDAQ: SBUX | S&P BBB+ Credit Rating | Moody’s Baa1 Rating) operated over 40,000 locations worldwide! It is a Brand new, build-to-suit construction to Starbucks newest prototype - slated to open June 2025 - Property features an impressive double drive-thru with a 16-car stack!

The Asset is Strategically positioned at the northeast hard corner of Rae Rd and Tom Osborne Pkwy, with a high visibility traffic count of 23,142 CPD, this large ±1.315-acre parcel is part of the dynamic Prairie Commons development - a 108-acre mixed-use project featuring prominent tenants such as Grand Island Regional Medical Center, Tabitha Senior Living, Prairie Commons Medical Office, Allen Capital Group/Unity Eye Care, SpringHill Suites, the 44-unit Prairie Commons Apartments, and Chief Industries HQ. Prominent retailers in Grand Island include Walmart, Sam’s Club, Home Depot, Menards, Hobby Lobby, Kohl’s, T.J. Maxx, HomeGoods, Sportsman’s Warehouse, Dick’s Sporting Goods, Burlington, Bomgaars, Best Buy, Harbor Freight, Hobby Town, Hy-Vee, Ashley Store, Slumberland Furniture, Dollar Tree, PetSmart, Petsense by TSC, Hibbett Sports, Ken’s Appliance & Furniture, and Planet Fitness. Starbucks is 2 minutes (less than 1 mile) to Central Community College Grand Island - offering 22 career education programs and academic transfer courses across 18 areas serving 6,553 students at its campuses in Grand Island, Columbus, and Hastings; Pad site to Bryan Health Grand Island Regional Medical Center (GIRMC) - a 64-bed acute care hospital offering a comprehensive range of medical services such as Emergency Care, Surgical Services, Maternity & Neonatal Care, Rehabilitation Services, Diagnostic Imaging, Critical & Intensive Care

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