INVESTMENT HIGHLIGHTS

• Investment Grade Credit Tenant
  • The tenant is Starbucks Corporation (S&P: BBB+ | NASDAQ: SBUX), an investment-grade tenant and one of the largest QSR operators in the world.
• Proven Commitment to Site
  • Starbucks has previously extended their lease terms early to remain in place for 10 years, rather than the scheduled 5 years at the time.
• Baton Rouge MSA
  • Denham Springs is located just outside of Baton Rouge, Louisiana’s second largest city and home to more than 220,000 residents, Louisiana State University, and the State Capital.
  • The site is located within a dense retail corridor, featuring national tenants such as McDonald’s, Raising Cane’s, Burger King, Taco Bell, Sonic Drive-In, Exxon, Circle K, Dollar General, and numerous regional and local retail brands.
• Convenient Interstate Access | Limited Competition
  • The sites sit directly on Louisiana Highway 16 (±23,000 VPD), the primary thoroughfare leading north from Denham Springs.
  • The site is one of two stand alone Starbucks locations in Denham Springs, and sees ±15,000 monthly visitors on average.
  • The site features pylon signage, easily visible from the highway and surrounding streets.
• Drive-Thru Location
  • The site features a drive-thru, offering extra access points for consumers and increasing re-tenanting capabilities.
• NN Lease Structure
  • The site operates on a NN lease structure, offering an investment opportunity with minimal landlord responsibilities.