Starbucks

Highlights:

• New 10 Year Lease with No Early Termination – Stable Cash Flow Asset with Minimal Landlord Responsibilities – Four (5-Year) Options to Renew
• Rare Self-Maintain Lease – Starbucks Handles All Day-to-Day Maintenance, Providing for a Unique, Passive Starbucks Investment
• 10% Rent Increases Every 5 Years Throughout the Initial Term and Option Periods, Providing a Strong Hedge Against Inflation
• Corporately Guaranteed Lease by Starbucks Corporation (NASDAQ: SBUX) with an S&P Credit Rating of BBB+ – Over $36.1 Billion in Revenue in 2024 and a Market Cap of Over $128.3 Billion
• Iconic Global Brand – Starbucks is the Second Largest Fast-Food Chain in the World and the Largest Coffeehouse in the World with More Than 40,000 Locations in 87 Countries
• Pride of Ownership Asset Featuring Starbucks Latest Prototype Design – a Modern and Aesthetically Pleasing Property
• Equipped with a 15-Car Stack Drive-Thru Situated on a 0.511-Acre Parcel Containing 14 Parking Spaces, Providing Starbucks with the Ability to Effectively Handle High Customer Volume
• High Traffic Location with Excellent Visibility – More Than 44,000 Vehicles Per Day on Interstate-30 & Over 9,000 Vehicles Per Day on N. McCoy Blvd
• Strong Demographics – Over 7,000 People within a 5-Mile Radius of the Property with Average Household Income Exceeding $95,000 Annually
• Over 1.85 Million Square Feet of Industrial, Office, Retail & Restaurant Space within a 5-Mile Radius of the Property, Resulting in a High Daytime Population of More Than 300 Businesses & 2,700 Employees
• Situated Adjacent to a Walmart Supercenter That Has Seen More Than 1.72 Million Visits Over the Last Calendar Year, Bringing Daily Needs Customers Directly Near the Site
• Approximately 3.3 Miles from the U.S. Army Red River Depot & Reserve Military Base – The More Than 15,375-Acre Facility Directly Employs Over 3,500 People & Generated More Than $1.6 Billion to the Texas Economy in 2023
• Strategically Positioned Near the New Boston Crestview & Oakview Elementary Schools with More Than 900 Students Currently Enrolled
• Texas is an Income Tax Free State with a Strong Economy, Providing an Ideal Location for a 1031 Exchange Asset

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