Description

We are proud to offer an outstanding investment opportunity featuring a newly constructed Starbucks property completed in 2022 and secured by a 10-year lease with Starbucks Corporation (NASDAQ: SBUX; S&P: BBB+ credit rating). Strategically positioned as a pad site to a Jewel-Osco grocery store at the highly visible and heavily trafficked corner of South Ashland Avenue and West 95th Street, the property benefits from strong consumer traffic and excellent exposure. The surrounding retail corridor includes nationally recognized brands such as McDonald’s, Taco Bell, Burger King, Walgreens, BMO Bank, Dollar Tree, Dunkin’ Donuts, Subway, and others, supporting consistent foot traffic and long-term area growth. The asset is structured under a stable NN lease, minimizing landlord responsibilities and ensuring ease of ownership. With more than seven years remaining on the initial term, four additional five-year extension options, and 10% rental increases every five years, the investment offers dependable income and built-in growth potential. For additional details, please contact Michael Murphy or Christopher Mauriello.