STRONG LEASE FUNDAMENTALS

• 10% rental increases every 5 years including options
• Four (4) - five (5) year options
• Minimal LL responsibilities

CORPORATE GUARANTEE FROM CREDIT WORTHY TENANT

• Starbucks has a S&P credit rating of BBB+
• Over 35,000 locations worldwide
• $30.3B Total Revenue

HIGHLY VISIBLE SITE IN LOW VACANCY RETAIL CORRIDOR

• Over 900k SF of retail space in a one mile radius
• Retail vacancy within a mile is 0% (According to: Costar Data)
• The site is located less than a quarter mile away from the North Road Plaza, a fully occupied, 252K SF Walmart anchored shopping center

NEW BIRLA CARBON PLANT

• Delivering in 2025 and providing more than 100 jobs to the Orangeburg Area is the $1 Billion dollar synthetic graphite plant, located 5 miles north
• Birla Carbon’s 435,000 sqft plant will produce materials for electric vehicles, energy storage, and the defense industry

CLOSE PROXIMITY TO SOUTH CAROLINA STATE UNIVERSITY

• South Carolina State University is located under 3 miles away from the site
• The University has over 5,000 students and employs more than 250 full time employees
• The School generates $145 Million in total economic impact for the local and regional communities

NEW CONSTRUCTION

• New build-to-suit Starbucks
• Warranties will be assigned to the new owner