Investment Overview

Marcus & Millichap is pleased to present this 2019 construction Starbucks with a drive-thru located at 1398 Boone Avenue Ext., Kingsland, Georgia. The subject offering provides both new and experienced investors the opportunity to acquire a corporately guaranteed, double-net Starbucks (NYSE: SBUX). 7+ years are remaining in the primary term with 10% increases every 5 years. The property is situated along East King Ave, the main retail corridor in Kingsland, which boasts over 21,500 vehicles per day. I-95, the major interstate highway on the east coast is also less than 3/4ths of a mile down the street. Kingsland also benefits from its proximity to Jacksonville, Florida, which is located just thirty-five miles south and has become an integral hub for the southeast. Starbucks is backed by a strong corporate guarantee, an S&P rating of BBB+, 30,000+ locations, and $29.1B+ in revenue.