| New 10.5-year corporate NN+ lease to Starbucks Corporation (NASDAQ: “SBUX”) |
| Investment-grade tenant, rated “BBB+” by Standard & Poor’s |
| Rare 1.5% annual rental increases in initial term and option periods |
| Starbucks is the world’s premier coffee company, with over 38,038 locations and $35.9 billion in annual revenue |
| 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 |
Michael Yuras
Cushman & Wakefield
