CORPORATE GUARANTEE FROM CREDIT WORTHY TENANT
- Starbucks has a S&P credit rating of BBB+ | Over 35,000 locations worldwide | $30.3B Total Revenue
ATTRACTIVE LEASE FUNDAMENTALS
- Corporate Guarantee from Credit Rated Tenant | 10% rental increases every 5 years including options | Six (6) - five (5) year options | Minimal LL responsibilities
NEW CONSTRUCTION
- New build-to-suit Starbucks | Warranties will be assigned to the new owner
STRATEGIC LOCATION
- First building off of I-40/I-85 (over 126K VPD) | Cross Access with a 7-Eleven on a lighted intersection | Located in between the Triad MSA (784K people) and Raleigh MSA (2.19M)
ADJACENT TO MAJOR LOGISTICS AND COMMUTER INTERSTATE
- This 30 mile stretch of interstate is the only time that I-85 and I-40 merge into a single route | Interstate 40/85 has over 127K vehicles per day | Both interstates are considered some of the busiest trucking routes in the nation
NEARBY INDUSTRIAL EMPLOYERS
- Over 3.7MSF of industrial space located in a 1-mile radius | Alamance Food’s 500K SF distribution center is less than 0.5 miles away | ~1-mile from Kayer’s Roth 285K SF manufacturing facility