Property Description
SECURE INCOME
• Brand New 10-Yr. Lease, Rare Tenant-Maintained Parcel, Landlord Only Responsible for Roof and Structure
• Brand New Roof with 20-Yr. Manufacturer’s Warranty
• Corporate Guaranteed Lease (NASDAQ: SBUX), $32.3 Billion Net Revenue in 2022, a 10.98% Increase Over 2021
• Investment Grade Credit Rated Tenant (S&P: BBB+)
• Starbucks Plans to Open 2,000 New Stores Between 2023-2025
• High-Barrier to Entry Market, Drive-Thru Permits No Longer Issued in Chesterfield
PROXIMITY
• 114,315 Residents in Primary Trade Area with an Average Household Income of $183,158
• Excellent Access and Visibility to 210,847 VPD
• Significant Daytime Population of 142,196, Chesterfield is One of the Most Sought-After Office Markets in St. Louis
• Adjacent to $2.5 Billion Worth of Approved Developments
• Wildhorse Village is a $500 Million 80-Acre Mixed Use Project with 1M SF of Commercial Space and 635 Residential Units
• Downtown Chesterfield is a $2 Billion Mixed Use Project that will Include 2,500 Apartments and Thousands of Square-Feet of Commercial Space
• 3,084 Business in Chesterfield, Major Employers Include Mercy Hospital, Parkway School District, Monsanto, Delmar Gardens and Reinsurance Group of America
• 3 Miles to Maryville University with 10,000 Students and 1,602 Employees
• Minutes to Mercy Hospital, a 859-Bed Facility with 6,500 Employees and Over 730,000 Annual Visits
• Just Off I-64 with 139,000 VPD, 20 Miles to Downtown St. Louis