4545 Ledge Rock Dr, Johnstown, CO 80534

NEW CONSTRUCTION STARBUCKS DRIVE-THRU BUILDING

• Starbucks will occupy the subject property on a 10-year double-net (NN) lease with minimal

landlord responsibilities upon construction completion

• 2,262 SF pad site building with drive-thru

• 10% rental increases every five years and four five-year options to renew

STARBUCKS IS THE STRONGEST QSR COFFEE USER IN THE WORLD

• Investment grade level S&P credit rating of BBB+

• Brian Niccol, a previous top executive at Chipotle, recently joined Starbucks as their CEO

• Starbucks has 39,477 locations globally and this represents a 6% increase in their footprint

PAD SITE TO BRAND NEW 200-ACRE MIXED USE DEVELOPMENT, LEDGE ROCK CENTER

• Upon completion, the development will feature 1,200 apartment units, 160 single-family

homes, and over 1 million SF of retail

• The center is anchored by both Woods Super Market (85,000 SF) & Murdoch’s Ranch & Home

Supply (50,000 SF). Ledge Rock will be the first location in Colorado for Woods, they currently

operate 10 grocery stores in Missouri

EXCELLENT INGRESS & EGRESS AT EXPANDING NORTHERN COLORADO I-25 HIGHWAY EXIT

• The subject property is located on the southeast corner of I-25 and US Highway 60 (97,800

VPD). This interchange provides efficient access from both southbound and northbound

directions of I-25. There is signage visible from the highway as well

ADJACENT TO COLORADO’S FIRST BUC-EE’S LOCATION

• A newly opened Buc-ee’s is located across the interstate from the subject property. The site

marks the company’s expansion outside of the Southern US and includes a 74,000 SF retail

building, 116 fueling stations, and 12 EV charging stations. Buc-ee’s locations typically see

over 4.6 million annual visitors (Placer.ai)

NORTHERN COLORADO GROWING AT REMARKABLE RATE

• Johnstown, CO has seen an 84.75% population growth since 2010, making it one of the

fastest-growing communities in the state. Johnstown’s population is expected to grow

another 22% by 2028