Starbucks 2123 Kimball Ave

STARBUCKS COFFEE (NYSE: SBUX) | OVER $29.45 BILLION IN ASSETS | MORE THAN 38,000 STORES ACROSS THE WORLD
Starbucks Coffee has a total store count of 38,000+ stores operating across the world and has commitments to open more over 2,000 more stores in an effort to continue sales growth.
Corporate Guarantee | Starbucks Coffee (NYSE: SBUX) is a publicly traded company that provides landlord with a secure investment over the long-term.
Continuing efforts to grow the mobile ordering business, this Starbucks location features all high end ordering methods that help increase same stores sales year over year.
LOCAL MARKET REAL ESTATE | STRONG TRAFFIC COUNTS | LOCAL SCHOOLS PROVIDING STRONG TRAFFIC TO LOCATION
Combined traffic counts of (22,000+ VPD Intersection) per day allows for high visibility.
Regional Town Demographics allow tenant market share control | Waterloo, IA has a population of 66,000 people making it an ideal location for easy drive thru traffic and easy access.
Local Elementary Schools & Employers allow for consistent day time and evening traffic which is another reason for Tenant’s Commitment to the location.
UNDER-SERVED MARKET | BRAND NEW 10-YEAR LEASE | DOUBLE NET (NN) LEASE INVESTMENT | LIMITED LANDLORD RESPONSIBILITIES
Location immediately next to competitors shows Starbucks confidence in the marketplace.
Limited Landlord Responsibilities – 10 Year Rood Warranty in place.
Brand new 10-Year lease for a long term investment.
The lease features rental increases of 7.5% every 5 years which protects landlord against inflation.
CORPORATE GUARANTEE | INCREASING SALES & PROFIT YEAR OVER YEAR | BBB+ S&P RATING
Lease is guaranteed by the corporate entity Starbucks Coffee (NYSE: SBUX) | Publicly traded backed lease allows for financial transparency along with enhanced credit for better lending options.
Strong Financials with year over year sales and profitability increases (***Ask Broker for Details).
A BBB+ S&P credit rating allows buyer and future landlord easier access to capital from lenders due to the tenants high financial backing.