Marketing Description
Furman Capital Advisors is pleased to offer the opportunity to purchase a fee simple interest in a newly constructed Starbucks in Charlotte, NC.
Investment Highlights
- Desirable Lease Term: Brand new 10 year NNN lease with 7% rent increases every 5 years
- Minimal Landlord Responsibilities: NNN lease with landlord only responsible for roof, structure, and parking lot (see page 10 for more details); all warranties are transferable
- Brand New Construction: 2022 build-to-suit for Starbucks; all warranties are transferable
- Access to High Volume Interstate Traffic: Located just off I-77 provides access to high volume drive-thru traffic
- Attractive Population Density: Over a 167,000 residents within a 5 mile radius, a 20% increase since 2010
- Corporate Lease: Fully guaranteed by Starbucks Corporation with over 33,800 locations in 80 countries with revenues in excess of $29 billion
- Investment Grade Tenant: Starbucks holds an S&P BBB+ credit rating
- Booming Greater Market: Charlotte is one of the fastest growing MSA’s with over 100 people moving to the region each day making it one of the most desirable investment markets in the Southeast





