Investment Highlights

NEW 10-YEAR CORPORATE NET LEASE TO THE LARGEST COFFEEHOUSE COMPANY IN THE WORLD
» New 10-year corporate net lease to Starbucks Corporation
» Extremely rare “self-maintain” lease, providing a true passive Starbucks investment
» 10% fixed rental increases every five years in option periods
» Investment-grade tenant, rated “BBB+” by Standard & Poor’s
» Starbucks Corporation (NASDAQ: “SBUX”) is the world’s premier coffee company with over 35,711 locations and $32.3 billion in annual revenue (11% increase from 2021 revenue of $29.1 billion)
» Per Statista, customers go to Starbucks six times per week on average
» Approximately 60 million Starbucks customers are served every week, while approximately four million coffee-based beverages are sold daily

TROPHY LOCATION ALONG A RAPIDLY DEVELOPING MAJOR GEORGIA RETAIL CORRIDOR
» High-visibility location along State Route 20/Grayson Highway (31,799 AADT)
» Trophy location connecting Interstate 85 to U.S. Route 78, allowing the site to capture significant commuter traffic (combined 135,900 AADT)
» Located within Clark Lake Village, a new single-family residential community featuring grocery stores and retailers currently under construction (136 homes, 35.60 acres)
» Excellent proximity to major national tenants such as Walmart Supercenter, Target, The Home Depot, Lowe’s Home Improvement, Sam’s Club, Academy Sports + Outdoors, Best Buy, Chick-fil-A, Whataburger and many more

DENSELY POPULATED AND GROWING GEORGIA SUBURB WITH IDEAL DEMOGRAPHICS
» 174,344 residents live within five miles of the property (25% increase since 2010)
» Exceptional average annual household income of $140,450 within one mile of the site
» Projected population and income increases within 1-, 3-, and 5-mile radii over the next five years poise Starbucks and Grayson for steady concurrent growth
» Centrally located between Atlanta and Athens, allowing the site to capture a consistent stream of commuter traffic throughout operating hours

NEW 2023 CONSTRUCTION BUILT TO LATEST PROTOTYPE
» New high-quality 2023 construction built to latest Starbucks prototype
» Site features a drive-thru, multiple access points, and exceptional parking with 34 total spaces for added customer convenience

Property Description

» This Starbucks has a high-visibility location along State Route 20/Grayson Highway (31,799 AADT)
» The property is a trophy location connecting Interstate 85 to U.S. Route 78, allowing the site to capture significant commuter traffic (combined 135,900 AADT)
» The site is uniquely positioned within Clark Lake Village, a new single-family residential community featuring grocery stores and retailers currently under construction (136 homes, 35.60 acres)
» Ideally set in a large retail corridor, the property is surrounded by notable tenants such as Walmart Supercenter, Target, The Home Depot, Lowe’s Home Improvement, Sam’s Club, Whataburger, Academy Sports + Outdoors, Best Buy, Chick-fil-A, and many more, creating significant crossover shopping
» The site greatly benefits from its affluent customer base, with an average annual household income of $140,450 within one mile of the property
» 174,344 residents live within a five-mile radius of the site (25% increase since 2010), providing an extremely large and reliable customer base
» Projected population and income increases within 1-, 3-, and 5-mile radii over the next five years poise Starbucks and Grayson for steady concurrent growth