2728 S MAIN ST High Point NC 27263

ATTRACTIVE LEASE FUNDAMENTALS

• 15-Year Initital Term

• Corporate Guarantee from Credit Rated Tenant

• 10% rental increases every 5 years including options

• Six (6) - five (5) year options

• Minimal LL responsibilities

CORPORATE GUARANTEE FROM CREDIT TENANT

• Starbucks has a S&P credit rating of BBB+

• Over 35,000 locations worldwide

• $30.3B Total Revenue

POSITIONED IN DENSE RETAIL NODE

• Over 1.4MSF of retail space located in a 1-mile radius

• Retail vacancy within that same 1-mile radius is 1.3%

• Nearby national retail tenants include: Walmart Supercenter, Roses Discount Store, Dollar Tree, ALDI, Food Lion, and more

HIGH VISIBILITY ALONG HIGH TRAFFICKED CORRIDOR

• Site is located in a QSR corridor with more than 10 QSRs positioned next to each other providing ancillary customers

• Site is located off of busy S Main St (36,500 VPD) with easy access to the drive thru

RECENT RENOVATION

• Tenant has paid to retrofit the building to the newest Starbucks format

• Warranties will be assigned to new owner

CLOSE PROXIMITY TO HIGH POINT UNIVERSITY

• Located just 4.5 miles from the site is High Point University

• This university has over 6,500 students enrolled in person with 93% of students living on campus

• High Point employs over 2,300 people making it the 22nd largest employer in the region