Starbucks

RARE 15 YEAR LEASE TERM – Zero Day-to-Day Landlord Responsibilities
• Starbucks (NASDAQ: SBUX) – Investment Grade Credit Tenant
Rated “Baa1 – Stable” by Moody’s as of 3/10/2020
• Brand New Lease – New Construction – Single Tenant Net Leased Asset
• 10% Increases Every 5 Years – Including Options (4, 5 Year Options)
• Tenant Pays Common Area Maintenance Expenses Directly
• Morning Side Positioning on Blackstone Ave – Excellent Ingress – Egress Access
• ~40,700+ VPD at the Intersection of Herndon Ave & Blackstone Ave
• Signalized Intersection – Excellent Access & Visibility – Ideal Drive-Thru Positioning
• Surrounding National Retailers: Costco, The Home Depot, Kohl’s, Target, Marshalls,
PetSmart, Ross Dress for Less, and More
• Close Proximity to Kaiser Permanente Fresno Medical Center
• Demographics – Over 85,500 Residents within a 3 Mile Radius
• Over $54,800 in Average Household Income within 3 Mile Radius
• Ideal 1031 Exchange Asset – Ease of Management – Passive Income