Malvern, AR - Starbucks

Description:

SRS Real Estate Partners, LLC is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in a new construction, corporate guaranteed (NASDAQ: SBUX), investment grade (S&P: BBB+), Starbucks investment property located in Malvern, Arkansas. The tenant, Starbucks Corp., has approximately 9 years remaining on its lease with 4 (5-year) options to extend, demonstrating their commitment to the site. The lease features 7.5% rental increases every 5 years throughout the initial term and at the beginning of each option period, growing NOI and hedging against inflation. The lease is NN with limited landlord responsibilities making it an ideal, low-management investment opportunity for a passive investor. Starbucks is among the most recognizable brands in the world, with over 40,000 locations globally, serving as a best-in-class QSR brand known for strong customer loyalty and a broad market presence.

The subject property benefits from excellent visibility along Oliver Lancaster Boulevard (20,000 VPD), the primary retail thoroughfare serving Malvern. Positioned just off the Interstate 30 on/off ramps (44,000 VPD), the site receives high commuter traffic with direct regional access to Little Rock and the broader Central Arkansas MSA. The surrounding area is a dense, high-performing retail node anchored by Walmart Supercenter, which receives 2.1 million+ annual visits (per Placer.ai), and is supported by national brands including McDonald’s, Wendy’s, Sonic, Taco Bell, and an adjacent Popeyes, promoting tenant synergy throughout the corridor. The property is also near River Park Plaza, expected to accommodate personal storage. The site is located less than two miles from Arkansas State University Three Rivers (2,000+ students) and is supported by nearby manufacturing employers including DLM Systems and Pactiv Corporation, which contribute to a strong daytime population. The 5-mile trade area is supported by a population of over 16,300 residents and 7,000 employees with an average household income of $65,555. With a strategic freeway-adjacent location, proven national co-tenants, and alignment with local consumer behavior, the tenant is well-positioned for long-term performance in a supply-constrained, high-visibility retail corridor within Malvern, a key service hub experiencing increased retail development and expanding consumer demand.