Investment Highlights

NEW 10-YEAR NET CORPORATE LEASE TO THE LARGEST COFFEEHOUSE COMPANY IN THE WORLD
» New 10-year corporate net lease to Starbucks Corporation
» 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 (an 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
» High-quality 2023 construction featuring a dedicated drive-thru lane, providing additional customer convenience, and boosting sales revenue

PROMINENT RETAIL CORRIDOR NEAR MAJOR EMPLOYERS AND COMMUNITY HUBS
» High-visibility location on East Jasper Street/US Highway 150 with access to 11,200 vehicles per day
» Shadow-anchored by Walmart Supercenter in the city’s main retail corridor
» One mile from major area employers Paris-Union School District 95, and Paris Community Hospital (25-beds, the only hospital serving the city)
» Near notable tenants such as CVS, Dollar Tree, AutoZone Auto Parts, O’Reilly Auto Parts, Taco Bell, McDonald’s, and many more providing great exposure and access to crossover traffic
» Well-positioned within Paris-Union School District which serves a student population of over 1,200 students, with two schools less than a mile from the property

ONLY STARBUCKS WITHIN 20-MILES WITH LITTLE COMPETITION
» Only Starbucks location within 20 miles
» Prime location in the heart of Paris, Illinois with easy access to two of the largest employers, Walmart and Paris Community Hospital
» 9,694 residents within a five-mile radius
» Average annual household income of $63,937 within five miles (projected 12% increase by 2027)
» According to the 2019 Illinois Household Expenditure survey, households in the city of Paris, IL spent an estimated 19.1% on food expenditures

Property Description

» This property is prominently located on East Jasper Street/US Highway 150 with 11,200 vehicles passing daily
» The property is shadow-anchored by Walmart Supercenter in the city’s main retail corridor
» The site is neighbored by notable retailers such as CVS, Dollar Tree, AutoZone Auto Parts, O’Reilly Auto Parts, Taco Bell, McDonald’s, and many more
» The property is close to major area employers Paris-Union School District 95 and Paris Community Hospital (25 beds), and within Paris-Union School District which serves a student population of over 1,200
» As the only Starbucks in Paris, IL, the location serves an immediate population of 9,694 within a five-mile radius with an average annual household income of $63,937
» By 2028, Starbucks is expected to gain an advantage from the 12% average annual household income increase that is anticipated, with households in Paris allocating 19.1% of their expenditures to food according to the 2019 Illinois Household Expenditure survey