Rare 20 year Ground Lease, Trophy Real Esate, Hard Corner, Below Market Rent

Description:

RISK MANAGEMENT – Why Invest?

Low Annual rent – 30% below market (Sbux), 250% below market (billboard)

Investment Grade Credit - Starbucks has an investment grade senior debt rating of A3 by Moody’s.

New 2024 construction – C/O expected in 30 days.

Rare 20 yr. Ground lease. The asset can be purchased at a “ALL-IN” “land Value basis.

Assured property valuation at exit. The asset offers the surety of Rent Growth throughout the lease term versus potential the potential Rent roll back and the end of the lease term of comparative investments. The buyer would be Capitalizing a small ground rent relative to cost basis of land and building.

State of the art double drive format, very rare for a Starbucks café store.

Affluent Market - Protected against negative influences, strong affluent demographics N, E, W of the subject. The Buckhead community north of the subject is one of the most affluent markets in the country.

Oversize lot, with a trail head connection to both the Silver Comet and Atlanta Beltline. The subject is low-density development among many high-density vertical developments.

Hard corner with Direct access to two major interstates (i) I-75 and (ii) I-285 in an urbanizing area.

Limited fast-food competition, with extreme barriers to entry for future competitors. The subject area has one of the Lowest GLA (Gross leasable Area) of retail per capita in the country.

Highly Rated Market - Located in one of the hottest retail and residential markets in the country just miles from Downtown Atlanta.

Attractive rental escalations - Every five years including options.

Investment Grade Trade Area – Institutional quality investment that total in the billions is occurring throughout the trade area.