Marketing Description
Furman Capital Advisors is pleased to offer the opportunity to purchase a fee simple interest in a high quality constructed Starbucks in Woodruff, SC.
Investment Highlights
- Desirable Lease Term & Rent Increases: New 10 year NNN lease with 10% rent increases every 5 years
- Minimal Landlord Responsibilities: NNN lease with landlord only responsible for roof and structure; all warranties are transferable.
- New Construction: 2022 build-to-suit for Starbucks; all warranties are transferable
- High Quality Construction: Newest prototype with indoor café, patio seating, and drive-thru
- 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: The Greenville Spartanburg MSA is one of the fastest growing and most desirable investment markets in the U.S.