Property Description
SECURE INCOME STREAM
- Rare 15-Year NNN Lease with 10% Increases – Every 5 Years Providing additional 5 years of base term compared to most Starbucks leases
- Tenant-Maintained Parcel and Roof – Limited landlord responsibilities for roof replacement and structure
- Brand New 2025 Block Construction – Latest prototype design with drive-thru
- Corporate Guaranteed Lease (NASDAQ: SBUX) – $36.176B revenue in 2024
- Investment Grade Credit Rated Tenant – ‘BBB+’ by Standard & Poor’s
PROXIMITY
- Infill and Affluent Trade Area with 307,985 Residents – Average household income of $120,062 within 5-mile radius
- Excellent Access and Visibility to 35,932 VPD – At hard corner of Watson and Laclede Station
- 2.5 Miles to Brand New Mixed-Use Project ‘Crestwood Crossing’ – A 467k SF grocery-anchored (Dierbergs) center along with 81 luxury single-family homes built by McBride Homes
- Minutes to Washington University of St. Louis – With 16,500 students and 22,530 employees
- Adjacent to Walmart Supercenter with 1.8M Annual Visitors (Placer.ai) – Nearby national tenants include CVS, QuickTrip, Schnucks, Dierbergs, Kohl’s, Walgreens, Jack in the Box and others
- 1.8 Miles to Webster University with 7,606 Students – Surrounded by several K-12 schools with over 25,000 combined students
DRONE VIDEO
- Click here:Â Starbucks
