For sale to qualified investors is the fee-simple interest in a newly-opened, long-term freestanding Starbucks with drive-thru.

THIS LEASE INCLUDES A RARE PROVISION WHERE STARBUCKS IS RESPONSIBLE FOR DAILY CAM RESPONSIBILITIES.

The landlord is responsible for roof and structure, and with a 10 year roof warranty, this asset is hands off to the owner for the foreseeable future. This lease, recently signed by Starbucks Corporation (S&P “BBB+”), provides 10 years of guaranteed income from one of the most stable and credit-worthy restaurant corporations in the world. Additionally, rent increases at a rate of 10% every five years during the initial term and options, providing increasing cash flow and a hedge against inflation. The property is located adjacent to Lorain County Community College’s main campus where, according to US News and World Report, 12,274 students are enrolled. The area is a thriving marketplace comprised of students, medical workers from many nearby health facilities, residents, and highway interchange traffic. Other surrounding retailers include Sam’s Club, Regal Cinemas, Giant Eagle Grocery, McDonald’s, Wendy’s, Aldi, Taco Bell, KFC, Cracker Barrel, Arby’s, Panera, Key Bank, Jimmy John’s, and more.