Starbucks

THE ASSET

• Investment Grade Tenant
• 19 Years of Operating History at the Site
• New 10 Year Renewal
• 4, Five Year Options with 10% rental increases in each option
• No Termination Clause
• Top 13% of Starbucks Nationwide
• Top 14% of Starbucks in Georgia
• 10% Rent escalation years 6-10
• NN Lease (Roof & Structure)
• Starbucks Credit Rating: Baa+ by S&P Credit
• NASDAQ: SBUX
• Starbucks Q3 FY2025 revenue up 5.5% year over year

THE MARKET

• Only Starbucks within 30 miles
• Outparcel to Dublin Mall- boasting over 318,000sf of retail with tenants including Belk, TJ Maxx, Farmers Home Furniture and Ross Dress for Less
• Located along the strongest retail corridor in the Dublin MSA with a high concentration of national retailers in the trade area
• Strong traffic counts with almost 25,000 cars daily at the intersection of Veterans Blvd and Hillcrest Pkwy
• Minimal competition with only 1 other national coffee shop in the market